NEW YORK, NY (January 4, 2017) – Saks Fifth Avenue OFF 5TH is pleased to announce that it will open a new store at CF Galeries d’Anjou in Montreal. The approximately 30,000 square foot store will open in the summer of 2017.
“We’re excited to announce an additional Saks OFF 5TH store opening in Quebec,” said Jonathan Greller, President, Saks OFF 5TH and Gilt. “We have now announced four locations across Quebec and we look forward to bringing the OFF 5TH experience to these areas. Saks OFF 5TH at CF Galeries D’Anjou will be the first to open in the Montreal market in 2017.”
“We are pleased to welcome the first Saks OFF 5TH to the Montreal region at CF Galeries d'Anjou,” commented Sal Iacono, Executive Vice President, Operations, Cadillac Fairview. “At Cadillac Fairview we are dedicated to delivering an exceptional shopping experience for our guests and introducing first to market retailers like Saks OFF 5TH is an example of our ongoing commitment.”
With new arrivals shipped to the store almost daily, Saks OFF 5TH features an ever-evolving selection of luxury designer fashion, accessories, and footwear from more than 800 leading brands for men, women and children—all at up to 60% off. The new store will feature an open, modern layout and playful graphic elements in an easy-to-shop environment.
CF Galeries d’Anjou is managed by Cadillac Fairview, and jointly owned by Cadillac Fairview and Ivanhoé Cambridge.
For updates on store openings, marketing events and career opportunities in Canada, visit saksoff5th.ca.
About Saks Fifth Avenue OFF 5TH
As part of the Hudson’s Bay Company brand portfolio, Saks Fifth Avenue OFF 5TH is a world-class destination for top designer brands at extraordinary value. The retailer’s 118 stores and e-commerce division, saksoff5th.com, combine the two great joys of shopping: the delight of discovering the best in luxury and the thrill of finding a deal. A modern shopping experience of carefully curated off-the-runway trends, exceptional service, and savings on the biggest names in fashion, Saks Fifth Avenue OFF 5TH leads the market as the premier luxury-value destination.
About Cadillac Fairview
Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The company also invests in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at more than $29 billion, Cadillac Fairview owns over 38 million square feet of leasable space at 73 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre, CF Chinook Centre, CF Carrefour Laval and CF Rideau Centre.
Cadillac Fairview has been wholly owned by the Ontario Teachers’ Pension Plan since 2000. Ontario Teachers’ is a diversified global investor and administers the pensions of more than 300,000 active and retired school teachers.
About Ivanhoé Cambridge
Ivanhoé Cambridge, a global real estate industry leader, invests in high-quality properties and companies in select cities around the world. It does so prudently with a long-term view to optimize risk-adjusted returns. Founded in Quebec in 1953, Ivanhoé Cambridge has built a vertically integrated business across Canada. Internationally, the Company invests alongside key partners that are leaders in their respective markets.
Through subsidiaries and partnerships, Ivanhoé Cambridge holds interests in close to 500 properties, consisting primarily in office, retail, residential and logistics real estate. Ivanhoé Cambridge held more than Cdn$55 billion in assets as at June 30, 2016. The Company is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada's leading institutional fund managers. For further information: ivanhoecambridge.com.
Senior Manager, Public Relations
Saks Fifth Avenue OFF 5TH