Company type | Privately held company |
---|---|
Industry | Apparel |
Founded | 2007 |
Founders | Kyle Vucko and Heikal Gani |
Headquarters | Vancouver, British Columbia |
Number of locations | 79 (October 2021) |
Key people | Drew Green, CEO |
Products | Made-to-measure suits and casual menswear |
Indochino is a made-to-measure menswear retailer that offers personalized suiting, casual wear, and outerwear. [1] [2] Originally founded as an exclusively online retailer, Indochino has opened 79 showrooms in Canada, the United States, and Australia. The company is headquartered in Vancouver, British Columbia, with a second office in Shanghai, China. [3]
Indochino was founded by Kyle Vucko and Heikal Gani. In late 2015, Vucko stepped down and Drew Green, the founder of Shop.ca, joined Indochino as chief executive officer. [4]
Indochino was one of the first web-only retailers to open physical stores, initially through pop-up shops before opening permanent showrooms. [5] In showrooms, customers work with a "style guide" who helps them design their garment, which is made to measure and shipped in around two weeks. [6]
In 2016, Indochino raised funding from investors, opening about 80 showrooms in North America. [7]
In 2017, Indochino entered into a strategic marketing partnership with Postmedia, a Canadian media company, receiving $40 million in advertising in exchange for an undisclosed share of its reveneue. [8] In 2018, Indochino received a "strategic investment" from Mitsui & Co. under undisclosed terms. [9]
In 2019, Indochino announced that it was expanding internationally and launching its online operations in Australia. [10]
In 2021, the company partnered with Nordstrom to open 21 custom apparel stores-within-a-store at Nordstrom locations. [11]
Currently, Indochino guides clients in the store location to find the styles, measure each person to order, and sends this information their manufacturer located overseas in China (and possibly other more "affordable" labor forces overseas). It takes approximately two weeks for the suit to be created/fashioned overseas and shipped to you.
Nordstrom, Inc. is an American luxury department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original Wallin & Nordstrom store operated exclusively as a shoe store, and a second Nordstrom's shoe store opened in 1923. The growing Nordstrom Best chain began selling clothing in 1963, and became the Nordstrom full-line retailer that presently exists by 1971. The company founded its off-price Nordstrom Rack division in 1973, and grew both full-line and off-price divisions throughout the United States in the following years. The full-line division competes with department stores including Bloomingdale's, Macy's, Neiman Marcus, and Saks Fifth Avenue, while the off-price division competes with retailers including the TJX Companies and Ross Stores. Previous expansions beyond the contiguous United States include Puerto Rico (2015–2020) and Canada (2014–2023).
Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.
The Rideau Centre is a three-level shopping centre on Rideau Street in Ottawa, Ontario, Canada. It borders on Rideau Street, the ByWard Market, the Rideau Canal, the Mackenzie King Bridge, and Nicholas Street in Downtown Ottawa. Over 20 million people visit the mall annually. It is the largest shopping mall and the main transit hub in the National Capital Region and the sixth largest mall, by area, in Canada. The Rideau Centre complex has approximately 180 retailers and is connected to a rooftop park, a Westin Hotel, the Shaw Centre, the Freiman Mall and the Major-General George R Pearkes Building.
South Coast Plaza is a regional shopping mall in Costa Mesa, California. The largest shopping center on the West Coast of the United States, its pre-COVID sales of over $1.5 billion annually were the highest in the United States. Its 275 retailers represent the highest concentration of design fashion retail in the U.S., with the second highest sales-volume in California at $800 per square foot ($8,600/m2)—second only to Westfield Valley Fair in San Jose-Santa Clara, at $809 per square foot ($8,710/m2). The national average is $411 per square foot ($4,420/m2). The mall is anchored by three Macy's stores, Nordstrom, Bloomingdale's, and Saks Fifth Avenue. South Coast Plaza is the largest shopping mall in California and the 4th largest in the United States.
Tysons Corner Center is a shopping mall in the unincorporated area of Tysons in Fairfax County, Virginia, United States. It opened to the public in 1968, becoming one of the first fully enclosed, climate-controlled shopping malls in the Washington metropolitan area. The mall's features the traditional retailers Macy's, Nordstrom, and Bloomingdale's. The mall also features prominent specialty retailers including Everlane, Fabletics, Untuckit, Oak + Fort, Intimissimi, Aesop, and Warby Parker.
Yorkdale Shopping Centre, Yorkdale Mall, or simply Yorkdale, is a major retail shopping centre in Toronto, Ontario, Canada. Located at the southwest corner of the interchange between Highway 401 and Allen Road, it opened in 1964 as the largest enclosed shopping mall in the world. Yorkdale is currently the third largest shopping mall in Canada by floor space and has the highest sales per unit area of any mall in Canada, with current merchandise sales levels at roughly CA$1,905/square foot. At 18 million annual visitors, it is one of the country's busiest malls. Many international retailers have ventured the Canadian market initially at Yorkdale.
TOPSHOP is a British fast-fashion company, which specialises in women's clothing, shoes and accessories. It was part of the Arcadia Group, controlled by Sir Philip Green, but went into administration in late 2020 before being purchased by ASOS on 1 February 2021. It now operates via the ASOS website and app, as well as being sold in Nordstrom stores in the US on Nordstrom.com. TOPSHOP previously had around 510 shops worldwide.
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A showroom is a large space used to display products or show entertainment.
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