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It appears that Holt Renfrew will have some sort of exclusive arrangement with Ralph Lauren here in Canada as the Toronto and Montreal Holt's will be opening Polo shops in shops shortly (not sure about other locations).Originally Posted by Pressfan
I was talking to a friend who works at the Bloor St. Holt Renfrew today and she confirms that Ralph Lauren has made an arrangement with Holt's for them to be the exclusive vendor of RL in Canada. It is definitely being pulled from the Bay and other retailers. Holt's will carry Blue Label, Black Label and Purple Label. As part of the arrangement, Holt's will not renew the lease of the in-store Lacoste boutique after February 2007 - supposedly Ralph does not want the competition! When I suggested that Polo sportswear seemed a little downscale for HR, she also confirmed that the prices would be increasing. She is dubious as to how Purple Label will do as she noted that all three lines would be sold together in the same area. She can't see people seeing what appears to be the same item in Blue Label and Purple Label and paying three times the price for Purple as for Blue. In any event, Ralph is supposedly very excited with the arrangement and no doubt there will be much promotion this fall.Oh great. Add another good brand to the "wayyyyyyy overpriced in Canada" list.