Maje Embarks on New Chapter in Canada With Holt Renfrew Partnership
It's a fresh start for the accessible luxury brand following the closure of its previous retail partner Hudson's Bay, which shuttered earlier this year.
More from WWD
SMCP Recovers 15.5% Stake From Singapore After Lengthy Legal Battle
SMCP Q2 Sales Up 3% With Full-price Strategy Boosting Growth
SMCP Secures Singapore Court Victory in Battle Over Disputed Share Transfer
The first shop-in-shop opens its doors Friday outside of Toronto at Square One Mississauga mall, followed by downtown Calgary, Alberta, on Aug. 22 and downtown Montreal, Quebec, on Aug. 29.
In addition to in-store shopping, Maje will also be available online through Holt Renfrew's website starting in mid-September.
'We are incredibly excited to be launching Maje within Holt Renfrew as we continue to grow our presence in Canada,' said Laura Yetman, vice president of retail and business development at parent company SMCP North America. 'The partnership is a natural fit.'
Maje is the first contemporary brand to launch with the luxury retailer.
Outside of the Holt Renfrew partnership, Maje has five full-price stand-alone boutiques and two outlet stores in Canada.
SMCP appointed former Stella McCartney president Ida Simonsen to lead the North American team last October, in an effort to accelerate brand expansion across the region and strengthen retailer ties.
Under SMCP chief executive officer Isabelle Guichot, the company is looking to grow in the Americas after scaling back in China.
Second-quarter sales for the Maje brand were up 4.9 percent to 113.6 million euros in the most round of results released by parent company SMCP on July 29. The brand added 14 new points of sale in the EMEA region in that time period, and has doubled down on its company-wide full price strategy as it aims to upscale its brands.
Best of WWD
Macy's Is Closing 66 Stores in 2025 — Here's the List, Live Updates
Inside the Demise of Lord & Taylor
COVID-19 Spikes Elevate Retail Concerns
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Air Canada Flight Attendants to End Strike
Union leaders for Air Canada's flight attendants said members would return to work after a deal was reached to end a three-day strike that grounded hundreds of flights, hitting around 500,000 customers. The union said the tentative deal, reached after more than nine hours of talks with the help of a mediator, marked 'transformational change' for its members after disobeying two federal return-to-work orders. In a statement, the Canadian Union of Public Employees said that, 'unpaid work is over,' in reference to the issue of boarding pay that stuck out as a significant obstacle toward an agreement. MSNBC to Change Its Name—and Lose the Peacock Logo What It's Really Like to Support a Big Family on a Modest Income in America SoftBank Invests $2 Billion in Intel as U.S. Considers Taking 10% Stake in Chip Maker How an Obscure Firm Bet on the Trumps and Became Their Go-To Dealmaker The Chili's Economy Is Here: What's Behind the Casual-Dining Boom 'When our rights were taken away, we stood strong, we fought back—and we secured a tentative agreement that our members can vote on,' said the union, also known as CUPE. The deal marks the end of a contentious three-day strike that the Canada Industrial Relations Board categorized Monday as illegal. The union said Air Canada reached out Monday night to restart talks, hours after CUPE's national president Mark Hancock said his members would remain on strike and defy a directive from the Canada Industrial Relations Board to resume work at noon Eastern Time Monday. Hancock said he was prepared to go to jail, as disobeying the labor board could result in fines and criminal charges that carry prison terms of up to five years. Canadian polling firms indicated that a majority of Canadians sympathized with the flight attendants' cause. Air Canada said it would gradually restart its operations, with some flights taking off Tuesday evening. 'Restarting a major carrier like Air Canada is a complex undertaking,' Air Canada's President and Chief Executive Officer Michael Rousseau said, adding that it could take a week or more to return to full service. Air Canada declined to comment on the agreement until it had been ratified by the union membership. A CUPE spokesman didn't respond to a request for comment about the terms of the agreement. Before the strike, Air Canada executives said it had offered a roughly 40% increase in total compensation over a four-year period, while addressing the issue of boarding pay—or being paid for work done before takeoff. Air Canada added its offer would make its flight attendants the best compensated in the air-travel sector. The union said the offer was inadequate, and alleged the company wasn't engaging in fulsome talks on pay because it was banking on the Canadian government to intervene and impose binding arbitration. Canada's Liberal government had intervened and imposed binding arbitration to end a simultaneous strike last summer involving the country's two major railroads. In the past year, Ottawa also intervened to bring an end to strikes at the country's major ports and the state-owned postal service. About 12 hours after the start of the Air Canada strike, the Canadian government said it would impose binding arbitration, allowing the airline to resume operations shortly after. Air Canada originally looked to restart operations on Sunday, but canceled those plans after CUPE said it would defy the government order. Plans to restart late Monday were also suspended. Before the strike, Air Canada had anticipated full-year adjusted earnings before interest, taxes, depreciation and amortization of between 3.2 billion Canadian dollars and C$3.6 billion, equivalent to $2.32 billion-$2.61 billion. Air Canada withdrew that guidance Monday as the labor disruption underscored the growing pressure on the airline to resolve staffing disputes that have become more frequent in the sector. Write to Gareth Vipers at and Paul Vieira at TV-Station Owner Sinclair Proposes Merger With Tegna European Trade Takes Fresh Tariff Hit as U.S. Exports Slump Air Canada Flight Attendants Union to Disobey Second Back-to-Work Order Starbucks Sets 2% Raises for Corporate Workers How Crocs Conquered China
Yahoo
12 minutes ago
- Yahoo
Manulife Financial price target raised to $48 from $47 at Morgan Stanley
Morgan Stanley analyst Bob Huang raised the firm's price target on Manulife Financial (MFC) to $48 from $47 and keeps an Equal Weight rating on the shares. Following Q2 results, the firm is updating its price targets for stocks in the Life Insurance segment under its coverage, the analyst tells investors. Nearly half of the life insurers under its coverage beat expectations on a reported basis and most exceeded expectations on a core basis, the firm adds. Morgan Stanley notes the earnings beats were largely driven by selective favorable underwriting, better than expected performance of macro-sensitive segments, or both. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on MFC: Disclaimer & DisclosureReport an Issue Manulife Updates Code of Business Conduct and Ethics Manulife Financial price target lowered to C$49 from C$51 at RBC Capital Manulife Financial price target lowered to C$45 from C$47 at Scotiabank Manulife Financial price target raised to C$47 from C$46 at Barclays Manulife Financial Releases 2Q25 Financial Report Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
41 minutes ago
- Yahoo
Here's a list of July inflation rates for selected Canadian cities
OTTAWA — Canada's annual inflation rate was 1.7 per cent in July, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets): — St. John's, N.L.: 1.7 per cent (1.0) — Charlottetown-Summerside: 1.3 per cent (0.9) — Halifax: 1.9 per cent (2.0) — Saint John, N.B.: 1.6 per cent (1.9) — Quebec City: 2.7 per cent (2.6) — Montreal: 2.5 per cent (2.3) — Ottawa: 1.8 per cent (2.0) — Toronto: 1.5 per cent (1.8) — Thunder Bay, Ont.: 0.8 per cent (2.1) — Winnipeg: 1.9 per cent (2.3) — Regina: 2.0 per cent (2.1) — Saskatoon: 1.4 per cent (1.8) — Edmonton: 1.2 per cent (1.7) — Calgary: 1.3 per cent (1.9) — Vancouver: 1.9 per cent (2.3) — Victoria: 2.0 per cent (1.9) — Whitehorse: 2.9 per cent (2.8) — Yellowknife: 2.0 per cent (2.6) — Iqaluit: 0.4 per cent (0.9) This report by The Canadian Press was first published Aug. 19, 2025. The Canadian Press
