Fashion is an ever-evolving industry that constantly introduces new trends, styles, and designers. Canada, known for its diverse cultural background and unique fashion sense, has a large number of fashion retailers, catering to a wide range of consumers. From luxury brands to streetwear labels, the fashion industry in Canada offers a plethora of options for consumers to choose from. This article discusses some of the top fashion retailers of Canada.
The apparel market in Canada—the world’s second-largest country by area—is estimated to be worth US$39.63 billion in 2023, according to Statista. The market is expected to grow annually by CAGR 2.49 per cent during the period of 2023- 2027. Of this, women segment is valued at US$21.87 billion – a good 55 per cent share. In volume terms, apparel market will be trading 1.9 billion pieces by 2027.
For this article, a total of 30 Canadian fashion retailers have been grouped into Corporate, Legacy and Millennials. The Corporate retailers are the big companies having huge operational infrastructure, scale, and penetration in Canadian market, and/or having strong brand portfolio. The Legacy section glances at those specialty retailers who came into being before 2000, while the Millennials segment studies those retailers who emerged on the Canadian national scene after 2000.
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