See what Retail Insider had to say about the report:

2023 Canadian Luxury Apparel Report

The three fastest growing segments of the Canadian retail apparel market pre-Covid were the off-price, e-commerce and luxury apparel segments. The growth of the Canadian luxury apparel segment going forward will be driven by the influx of new luxury apparel retailers/brands, an increase in the number of higher income and millennial households , and increased tourism. Taken together, the luxury apparel , in 2022, accounted for almost 7.4% of Canadian apparel sales. The importance of this segment, post Covid, will increase over the next five years, but at a lesser rate than during pre-Covid.

In recognition that there is no reliable information on the Canadian luxury apparel market, Trendex is proud to announce that on June 10, 2023 it published its fourth definitive report on the luxury apparel market in Canada. The report includes information on the size of the market, along with insights as to the retail channels of distribution and individual retailers shares. Profiles of each of the major luxury Canadian apparel retailer’s is included in the report, along with a forecast of the 2023-2026 Canadian Luxury Apparel market.

The cost of the 2023 Canadian Luxury Apparel report (which can be distributed to all interested parties within a company purchasing the report) is C$195.00 (billed as US$145.00)