Gone are the days of bad food and tacky souvenirs. Today's airport features an increasing number of luxury brands -- with more on the way as air traffic continues growing substantially. 

By Karim Rashwan

Can Toronto support all of its recently announced luxury retail? Holt Renfrew is expanding its Bloor Street store, building a new 120,000 square foot Mississaga unit, and has recently completed an expansion and renovation of its Yorkdale Shopping Centre location. Yorkdale, itself, has created a world class luxury wing, welcoming first-to-market retailers such as Bulgari, Moncler, Jimmy Choo and Versace. Moreover, Toronto's Yorkville area will soon boast Canada's only Kiton store, while pricey international brands David Yurman, Christian Dior, Bulgari and others seek space in the Bloor Street area. Saks Fifth Avenue will also open at least two Toronto stores in the next two years, contributing to an unprecedented luxury retail boom in Canada's largest city.