![Manulife Centre 2022](https://upload.wikimedia.org/wikipedia/commons/b/b2/Manulife_Centre_2022.jpg)
Mink Mile is an upscale shopping district in the neighbourhood of
Yorkville in
Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...
,
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...
, Canada, along
Bloor Street
Bloor Street is a major east–west residential and commercial thoroughfare in Toronto, Ontario, Canada. Bloor Street runs from the Prince Edward Viaduct, which spans the Don River Valley, westward into Mississauga where it ends at Central Parkw ...
between
Yonge Street
Yonge Street (; pronounced "young") is a major arterial route in the Canadian province of Ontario connecting the shores of Lake Ontario in Toronto to Lake Simcoe, a gateway to the Upper Great Lakes.
Once the southernmost leg of provincial Hi ...
and
Avenue Road
Avenue Road is a major north–south street in Toronto, Ontario. The road is a continuation of University Avenue, linked to it via Queen's Park and Queen's Park Crescent East and West to form a single through route.''Toronto Pocket Street Atla ...
.
History
![Yorkville Ave 2022](https://upload.wikimedia.org/wikipedia/commons/1/1c/Yorkville_Ave_2022.jpg)
In the 21st century, mid-market retailers have begun to locate along the Mink Mile. In 2005,
Winners
Winners Merchants International L.P is a chain of off-price Canada, Canadian department stores owned by TJX Companies.
It offers brand name clothing, footwear, bedding, furniture, fine jewelry, beauty products, and housewares. Products are at a ...
and
La Senza
La Senza Corporation is a Canadian fashion retailer that sells women's lingerie and intimate apparel. The La Senza brand is currently owned by Regent which operates and owns La Senza stores in Canada and the United States and uses a franchise mo ...
opened stores, later followed by
Club Monaco
Club Monaco is a Canadian-founded low-end luxury casual clothing retailer owned by Regent, L.P. With more than 140 locations worldwide, the retailer has locations in the United States, Canada, Hong Kong, Macao, Taiwan, South Korea, China, the U ...
,
J. Crew
J.Crew Group, Inc., is an American multi-brand, multi-channel, specialty retailer. The company offers an assortment of women's, men's, and children's apparel and accessories, including swimwear, outerwear, lounge-wear, bags, sweaters, denim, dr ...
,
Banana Republic
In political science, the term banana republic describes a politically unstable country with an economy dependent upon the export of natural resources. In 1904, the American author O. Henry coined the term to describe Honduras and neighboring ...
,
French Connection
The French Connection was a scheme through which heroin was smuggled from Indochina through Turkey to France and then to the United States and Canada, sometimes through Cuba. The operation started in the 1930s, reached its peak in the 1960s, and ...
,
Puma,
Aldo,
Aritzia
Aritzia LP is a Economy of Canada, Canadian women's fashion brand founded in Vancouver, British Columbia, by Brian Hill (CEO Aritzia), Brian Hill in 1984. Aritzia sells a variety of lifestyle apparel through various upscale retail stores acro ...
,
American Apparel
American Apparel Inc. is an online-only retailer and former brick-and-mortar stores operator based in Los Angeles, California. Founded by Canadian businessman Dov Charney in 1989, it was a vertically integrated company that ranked as one of the l ...
,
Roots Canada Ltd
Roots Corporation (doing business as Roots) is a publicly held Canadian brand that sells apparel, leather bags, small leather goods, footwear, athletic wear, and home furnishings. The company was founded in 1973 in Toronto, Ontario, by Michael ...
,
Guess
A guess (or an act of guessing) is a swift conclusion drawn from data directly at hand, and held as probable or tentative, while the person making the guess (the guesser) admittedly lacks material for a greater degree of certainty. A guess is als ...
,
Nike
Nike often refers to:
* Nike (mythology), a Greek goddess who personifies victory
* Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment
Nike may also refer to:
People
* Nike (name), a surname and feminine give ...
,
Zara,
Roots
A root is the part of a plant, generally underground, that anchors the plant body, and absorbs and stores water and nutrients.
Root or roots may also refer to:
Art, entertainment, and media
* ''The Root'' (magazine), an online magazine focusing ...
,
Lululemon
lululemon athletica inc. (; styled in all lowercase) is a Canadian multinational athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. It was founded in 1998 as a retailer of yoga pants and ot ...
,
Sephora
Sephora is a French multinational retailer of personal care and beauty products. Featuring nearly 340 brands, along with its own private label, Sephora Collection, Sephora offers beauty products including cosmetics, skincare, body, fragrance, n ...
,
Gap, and
H&M. Discount retailer, Labels 4 Less, opened their own store in 2008, to the disappointment of many of its neighbours but was replaced shortly by
Hugo Boss
Hugo Boss AG, often styled as BOSS, is a luxury fashion house headquartered in Metzingen, Baden-Württemberg, Germany. The company sells clothing, accessories, footwear, and fragrances. Hugo Boss is one of the largest German clothing companies, ...
.
Begun in 2008, the Bloor-Yorkville Business Improvement Area and the City of Toronto updated the streetscape from Church Street to Avenue Road, creating an enhanced pedestrian experience with widened sidewalks, mature trees, flower gardens, modern lighting, and public art. The project was completed in 2013.
Retail
![Holt Renfrew Flagship store on Mink Mile in Yorkville 2022](https://upload.wikimedia.org/wikipedia/commons/9/92/Holt_Renfrew_Flagship_store_on_Mink_Mile_in_Yorkville_2022.jpg)
Mink Mile has been recognized as one of the most luxurious shopping streets in North America, being compared to
New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
's
Fifth Avenue
Fifth Avenue is a major and prominent thoroughfare in the borough of Manhattan in New York City. It stretches north from Washington Square Park in Greenwich Village to West 143rd Street in Harlem. It is one of the most expensive shopping stre ...
,
Chicago
(''City in a Garden''); I Will
, image_map =
, map_caption = Interactive Map of Chicago
, coordinates =
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, subdivision_type = Country
, subdivision_name ...
's
Magnificent Mile
The Magnificent Mile, sometimes referred to as The Mag Mile, is an upscale section of Chicago's Michigan Avenue, running from the Chicago River to Oak Street in the Near North Side. The district is located within downtown, and one block ...
, and
Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...
'
Rodeo Drive
Rodeo Drive is a street in Beverly Hills, California, with its southern segment in the City of Los Angeles. Its southern terminus is at Beverwil Drive, and its northern terminus is at its intersection with Sunset Boulevard in Beverly Hills. The ...
. Demand remained high on the Mink Mile, according to real estate firm, Cushman and Wakefield. In 2005, retail space rents were $110 per square foot. The 2010 Cushman and Wakefield report indicate rents of $198 per square foot, while the Q407 Toronto Retail Report in 2010 mentions deals reaching $300 per square foot, making the Mink Mile the third most expensive retail street in North America. This has led to higher rents on nearby Cumberland St. and Yorkville Ave., with several new developments asking $125 per square foot. Expensive Indian fashion boutique INDIVA, which moved to a smaller boutique on Yorkville Ave., claims that the monthly rent at their previous location was $85,000.
Many independent retailers struggle to meet these demands, and many in past years have closed or relocated to other streets. However, it is estimated that some retailers pull in more than $2000 per square foot in sales. In 2008, the stretch of Bloor was named the seventh most expensive shopping street in the world by ''
Fortune
Fortune may refer to:
General
* Fortuna or Fortune, the Roman goddess of luck
* Luck
* Wealth
* Fortune, a prediction made in fortune-telling
* Fortune, in a fortune cookie
Arts and entertainment Film and television
* ''The Fortune'' (1931 film) ...
'' Magazine, claiming tenants can make $1,500 to $4,500 per square foot in sales. In 2012, Mink Mile commands an average rent of $310 per square foot, making it the most expensive place in Canada to lease retail space
Yorkville’s glitzy Mink Mile is the most expensive spot in Canada to lease retail space
Toronto Life, July 11, 2012, Monika Warzecha and the third most expensive retail space in North America.
Several international luxury retailers have shops in the area including Hermès
Hermès International S.A., or simply Hermès ( , ), is a French luxury design house established in 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Its logo, since ...
, Louis Vuitton
Louis Vuitton Malletier, commonly known as Louis Vuitton (, ), is a French high-end Luxury goods, luxury fashion house and company founded in 1854 by Louis Vuitton (designer), Louis Vuitton. The label's LV monogram appears on most of its produc ...
, Dior
Christian Dior SE (), commonly known as Dior (stylized DIOR), is a French Luxury goods, luxury fashion house controlled and chaired by French businessman Bernard Arnault, who also heads LVMH, the world's largest luxury group. Dior itself holds ...
, Gucci
Gucci (, ; ) is an Italian high-end luxury fashion house based in Florence, Italy. Its product lines include handbags, ready-to-wear, footwear, accessories, and home decoration; and it licenses its name and branding to Coty, Inc. for fragrance ...
, Prada
Prada S.p.A. (, ; ) is an Italian luxury fashion house founded in 1913 in Milan by Mario Prada. It specializes in leather handbags, travel accessories, shoes, ready-to-wear, and other fashion accessories. Prada licenses its name and branding t ...
, Chanel
Chanel ( , ) is a French high-end luxury fashion house founded in 1910 by Coco Chanel in Paris. Chanel specializes in women's ready-to-wear, luxury goods, and accessories and licenses its name and branding to Luxottica for eyewear. Chanel is ...
, Cartier Cartier may refer to:
People
* Cartier (surname), a surname (including a list of people with the name)
* Cartier Martin (born 1984), American basketball player
Places
* Cartier Island, an island north-west of Australia that is part of Australia' ...
, Burberry
Burberry is a British luxury fashion house established in 1856 by Thomas Burberry headquartered in London, England. It currently designs and distributes ready to wear, including trench coats (for which it is most famous), leather accessories, ...
, Dolce & Gabbana
Dolce & Gabbana (), also known by initials D&G, is an Italian luxury fashion house founded in 1985 in Legnano by Italian designers Domenico Dolce and Stefano Gabbana. The house specializes in ready-to-wear, handbags, accessories, and cosmetic ...
, Escada
Escada SE is a luxury women's designer clothing company headquartered in Munich, Germany. The company is owned by Regent, L.P., an international private equity firm led by investor Michael Reinstein.
The company was founded in 1978 by design ...
, MCM, Versace
Gianni Versace S.r.l. (), usually referred to as Versace ( ), is an Italian luxury fashion company founded by Gianni Versace in 1978 known for flashy prints and bright colors. The company produces Italian-made ready-to-wear and accessories, as w ...
, Brunello Cucinelli
Brunello Cucinelli (; born 3 September 1953 in Castel Rigone) is an Italian luxury creative director and the chief executive of his eponymous made in Italy brand, Brunello Cucinelli. He donates 20% of his profits through the Brunello Cucinell ...
, Christian Louboutin
Christian Louboutin (; born 7 January 1963) is a French fashion designer whose high-end stiletto footwear incorporates shiny, red-lacquered soles that have become his signature. Initially a freelance designer for fashion houses, he started hi ...
, Tiffany & Co., Coach
Coach may refer to:
Guidance/instruction
* Coach (sport), a director of athletes' training and activities
* Coaching, the practice of guiding an individual through a process
** Acting coach, a teacher who trains performers
Transportation
* Co ...
, Saint Laurent, and a 50,000 square foot Harry Rosen flagship. Holt Renfrew
Holt, Renfrew & Co., Limited (doing business as Holt Renfrew and known colloquially as Holt's) is a Canadian luxury department store chain founded in 1837 by William S. Henderson. It has been owned by the Weston family since 1986, and was previo ...
also has its flagship department store on 50 Bloor Street and a Men's store at 100 Bloor Street.
There are also other midrange and upscale stores, such as Max Mara
Max Mara (Italian aks 'ma:ra is an Italian fashion business. It markets up-market ready-to-wear clothing. It was established in 1951 in Reggio Emilia by Achille Maramotti (7 January 1927 – 12 January 2005). In March 2008, the company had 2,2 ...
, Moncler
Moncler S.p.A. is an Italian luxury fashion house specialized in ready-to-wear outerwear headquartered in Milan, Italy. Since its start as a down jacket boutique, Moncler has expanded to design vests, raincoats, windbreakers, knitwear, leather ...
, Brooks Brothers
Brooks Brothers, founded in Manhattan, New York, in 1818, is the oldest apparel brand in continuous operation in America. Originally a family business, Brooks Brothers produces clothing for men, women and children, as well as home furnishings. B ...
, Roots Canada, Sephora, H&M, and Aritzia.
Eataly, a large format Italian marketplace, also operates a substantial flagship store on the street. Occupying a 50,000 Sq FT location in the newly renovated Manulife Centre.
Shopping centres
*Cumberland Terrace
*Manulife Centre
The Manulife Centre is located on the southeast corner of Bay and Bloor streets, along the Mink Mile and adjacent to the southern edge of the Yorkville district of Toronto, Ontario, Canada. It consists of a 51-storey 800-suite luxury resident ...
*Hudson's Bay Centre
2 Bloor East is an office and retail complex in Toronto, Ontario, Canada, formerly known as the Hudson's Bay Centre. It is located in Downtown Toronto at the intersection of Yonge Street and Bloor Street at the east end of the Mink Mile. Brookfi ...
*Holt Renfrew Centre
Holt, Renfrew & Co., Limited (Trade name, doing business as Holt Renfrew and known Colloquialism, colloquially as Holt's) is a Canadian luxury department store chain founded in 1837 by William S. Henderson. It has been owned by the Weston family ...
References
See also
*Robson Street
Robson Street is a major southeast-northwest thoroughfare in downtown and West End of Vancouver, British Columbia, Canada. Its core commercial blocks from Burrard Street to Jervis were also known as Robsonstrasse. Its name honours John Robson, a ...
Shopping districts and streets in Canada
Economy of Toronto
Streets in Toronto
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