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Rolex Leads Major Luxury Expansion in Montreal’s ROYALMOUNT District August 21, 2024 (0 comments)

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Montreal, Canada--Montreal's ROYALMOUNT district, opening this fall, will include the largest Canadian boutique of luxury watchmaker Rolex, operated by Raffi Jewellers. The $7 billion retail and lifestyle development aims to become a significant hub for high-end shopping and entertainment in the city.

A news release by Royalmount stated that Canada's first TimeVallée, a Richemont multi-brand watch retail concept in partnership with Maison Birks, will also be part of ROYALMOUNT. The store will feature brands like Cartier, Panerai, and Jaeger Lecoultre.

In total, 14 luxury watch and jewelry retailers, including Tudor, IWC, Omega, and Montblanc, will open boutiques in the district, marking their debut in Quebec. Local jeweler Maison Monaco will offer brands such as Zenith and Longines.

These additions make ROYALMOUNT the district with the highest concentration of luxury flagship stores in Quebec. Other notable brands include Tiffany & Co., David Yurman, and TAG Heuer, with Tiffany & Co. opening its largest Montreal store and David Yurman launching its first Quebec location.

In the release, Andrew Lutfy, CEO of Carbonleo, stated that these brands reinforce ROYALMOUNT's commitment to offering a top-tier shopping experience. Michael Stroll, Senior Vice President at Carbonleo, added that the growing demand for luxury goods drives this expansion, aligning with ROYALMOUNT's high-end focus.

The luxury brands at ROYALMOUNT will be part of a broader lineup that includes Louis Vuitton, Gucci, and Versace, further establishing the district as a major retail destination in Montreal.

Learn more in this news release.

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