Holt Renfrew Announces Flagship Store at Square One Shopping Centre

New Store for Mississauga Marks Next Step in Dynamic Growth Plan

TORONTO, April 19, 2013 /CNW/ - Holt Renfrew is pleased to announce a new flagship store planned for spring 2016 at Square One Shopping Centre in Mississauga. The store, planned at approximately 120,000 square feet, is part of the company's dynamic growth plan which will result in a 40% expansion of the total square footage of Holt Renfrew's network.

"We are pleased to announce a new Holt Renfrew at Square One. West Toronto and Mississauga are growing, vibrant areas and this is a strong move forward in our plan for an exciting fleet of luxury stores across Canada," said Holt Renfrew President Mark Derbyshire. "We look forward to leading a new era of extraordinary shopping experiences in Canada."

In addition to the new Square One site, a number of stores throughout the network will be renovated and expanded, with some completely rebuilt. The first newly renovated store will be celebrated later this year with the completion of Holt Renfrew Yorkdale in north Toronto, currently undergoing an expansion, doubling in size to over 120,000 square feet. The store remains open through the rebuild, and upon completion will offer innovative luxury services and an enriched array of new designer offerings.

About Holt Renfrew

Celebrating a 175-year heritage, Holt Renfrew is recognized worldwide for an inspired shopping experience. Once a purveyor of fashion to Her Majesty Queen Victoria, Holt Renfrew began in 1837 as a modest hat shop in Quebec City. Over the years the brand developed and expanded across Canada. In the 1930's Holt Renfrew began exclusive accounts with some of the best designers in Europe and in 1947 hosted Monsieur Christian Dior when he launched his "New Look". After many years of foreign ownership Holt Renfrew was bought in 1986 by W. Galen and the Hon. Hilary M. Weston. Under their ownership Holt Renfrew has become Canada's destination for luxury retail. Holt Renfrew has 2,300 employees with nine stores across the country in Vancouver, Calgary, Edmonton, Montreal, Quebec City, Ottawa and Toronto. Visit us at holtrenfrew.com.

Holt Renfrew is part of Selfridges Group Limited. With extensive know-how and experience in operating luxury fashion retail stores, the Selfridges Group owns and operates leading heritage banners in key markets around the world, including Brown Thomas in Ireland; de Bijenkorf in The Netherlands; Holt Renfrew and Ogilvy in Canada and Selfridges in the United Kingdom. Selfridges Group Limited is a family owned business, W. Galen Weston is Chairman.

SOURCE: Holt Renfrew