WEALTHY CANADA OFFERS DIVERSE NICHE LUXURY MARKET IN URBAN CENTRES
February 1st, 2010
BY KEITH NUTHALL
CANADA - the world's second largest country by geography - was created because of luxury clothing: the fur trade drove French and British explorers to its remote interior, creating ports and processing hubs, now major cities, such as Montréal and Toronto.
But strangely, this wealthy bilingual nation does not flaunt its riches in public, and luxury clothing retailers can have a tough time persuading Canadians to splurge on an expensive coat, dress or suit.
"It's not a luxury consuming country," said Teresa Eloy, marketing and ...
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