DE BEERS TO OPEN 2ND CANADIAN LOCATION IN TORONTO

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De Beers will open its second Canadian retail location within Yorkdale Shopping Centre's Holt Renfrew. Construction hoarding is up, and it opens this fall. It will be the first De Beers in North America to be located within a department store. 

De Beers' first Canadian store opens soon in Vancouver. We first reported on the Vancouver De Beers in February, when we discovered that it would occupy space in The Carlyle, a luxury retail development on Vancouver's upscale Alberni Street. 

For those unfamiliar, De Beers is a diamond company that also retails its wares in a few select cities around the world. De Beers stores are beautiful, product is pricey, and having a De Beers store is considered a prestigious addition to any retail location. De Beers currently has 8 North American locations, all in the United States (9 if you include Hawaii). The company has 46 stores world-wide, 26 of which are located in Asia.

Thank you to source ACT7 of Urban Toronto for notifying us of this story. 

We'll keep you updated if De Beers decides to open further Canadian locations.

[Holt Renfrew website]

[De Beers website]