Quote:
Originally Posted by Waders
Does anyone know what happened to Off The Wall Clothing?
Almost all the 7 BC stores have been closed, including the one in Metropolis mall.
According to their web site, they are closing all the stores after 27 years in business. Is the business losing money?
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Sam Baio who ran West 49, purchased Off the Wall sometime in 2006 and began to re-develop the iconic Canadian brand as a more hip and fashion forward outlet compared to its sister brand West.
Unfortunately the damage was already done and Off the Wall never regained its iconic market share it commanded in the late 90's to very early 2000's.
In 2010 Billabong International bought out West 49 and decided to dissolve the limping Off the Wall banner.
Unfortunately Canadian retailers hold the same distinction as Canadian TV/Movies/Media.... they are terrible and have zero international appeal (Aritzia is an odd exception).
Once US/International retailers entered the Canadian market they were unable to keep up.
Look at the Bay.... it's finally become credible in the retail world only after it was bought out by a US company.
Fingers crossed we can hope that YM Inc (Suzy Shier/Urban Exchange/Stiches) goes down the pipes next.
On a positive note.... H&M is opening its two floor location at Metrotown across from Forever 21.
Anyone else notice that Arby's shut down alot of locations? Are they completely gone? They did a wicked turkey/swiss combo.