Aventura Mall is expanding its selection of retailers with many first to market stores including the addition of Blue Nile, Reformation, Ralph Lauren and Azulu, as well as the return of Anne Fontaine and UNOde50.
The Vancouver-based fashion retailer announced a year-over-year increase of 74.9% in its second-quarter revenues on Wednesday, as strong progress in the United States accelerated the company’s sales growth.
The Vancouver-based fashion retailer reported an 81.1% rise in its e-commerce sales in Q4, progress which helped limit the decline in the company’s total revenues to 2.9%, despite Covid-19-related store closures.
Following two quarters of declining sales due to the Covid-19 pandemic, the Vancouver-based womenswear retailer saw its revenues rise 4.1% in Q3, thanks to a strong performance from its e-commerce business.
As Covid-19 continues to take its toll on retailers, the Canadian womenswear brand has announced a decline of 17% in its second-quarter sales, with strong e-commerce gains limiting the damage inflicted by the pandemic.
The Canadian fashion retailer has announced a 6.3% increase in fourth-quarter sales thanks to a strong performance from its e-commerce business, but anticipates significant declines in the first quarter due to Covid-19.
While most malls across the country remain open - some at reduced store hours - in the midst of the pandemic, many retailers are stepping up and taking preventative measures including temporarily closing their stores.