Retail Insider | Destination Shopping: The future of luxury Retail in Montreal and Toronto

In Montreal and Toronto, luxury retail is being redefined—not just by what is sold, but by how it’s experienced. Destination shopping is taking root in Canada’s cultural and commercial capitals, where iconic brands and local designers now share the spotlight. The Well in Toronto and Royalmount in Montreal exemplify this evolution, blending world-class retail with immersive dining, entertainment, and architectural design. These hubs are reshaping how affluent consumers interact with luxury, offering a curated, multi-sensory environment that e-commerce simply cannot replicate.

This shift is being driven by three powerful forces: a surge in international tourism, a growing base of high-net-worth individuals, and the rising demand for experiential shopping. At the same time, there is a clear trend toward supporting local—where Canadian brands are not only embraced but celebrated for their uniqueness. These integrated retail destinations are making space for boutique and emerging Canadian labels to thrive alongside global icons. As Toronto and Montreal continue to evolve into global benchmarks for luxury retail, brands—both established and up-and-coming—have a unique opportunity to shape the next chapter of retail in Canada.

Read the full article on the Retail Insider.

Key Experts

Vanessa Velentzas, Micheal Black & Gavin Reiff