HARRY ROSEN ANNOUNCES MONUMENTAL FLAGSHIP RELOCATION; FLEET OF UPDATED RETAIL SPACES [Yahoo! Finance]
BRUNELLO CUCIN UNSP/ADR (BCUCY)
NASDAQ:AMEX Investor Relations:
investor.brunellocucinelli.com/en
Company Research
Source: Yahoo! Finance
TORONTO March 14, 2024 /CNW/ - Luxury men's retailer Harry Rosen announced today that it will invest $50M over the next five years to update its retail fleet and strategy. This program will include the relocation of Harry Rosen's flagship store to a 38,000 sq. ft. footprint to create an extraordinary new luxury customer experience in the heart of Yorkville, Canada's premier retail shopping destination, as well as a transformation of its existing retail concepts. This announcement serves as the next stage in the brand's forward-looking strategy, after investing heavily in digital over the past five years. Major milestones include growing e-commerce into Harry Rosen's largest storefront; building Herringbone, an in-store associate selling tool by which style advisors directly drive 10% of online business; launching a new online outlet (FinalCut by Harry Rosen ); and more. This next leg of the strategy will progress the brand's innovative offerings, responding to customer needs at the
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