The Chanel boutique located on West Hastings is reportedly set to close as Chanel plans to move into an expanded location inside Holt Renfrew. The new location will be at the corner of Dunsmuir and Granville and apparently will carry more products. Expect to see this happen over the summer.
Although I hate to see Vancouver lose a stand alone luxury store, the expanded location at Holt Renfrew is a smart business move as that area of West Hastings is not the boutique shopping destination it once used to be. For the most part stores are having a tough go there as pedestrian volumes decline after office hours. I suppose it’s just a natural shift in the retail market. However, quality stores such as Leone, L2 and Birks are still located on that strip and worth a visit.