Designer Depot was a division of Canadian retailer Hudson's Bay Company (HBC). It was created in November 2004, and sold by HBC in April 2008 to the INC Group of Companies. The first location opened as part of the Vaughan Mills Mall in Vaughan, Ontario. It is a large department store that sells brand names at prices 25–60% below regular department and specialty store prices. Weekly shipments of clothing originate from Fairweather and Randy River outlets. Children’s, Infant, or maternity clothing is no longer sold. Designer Depot no longer carries Plus sizes or Petites. The Exchange policy is a seven-day exchange or credit note only. Items 50% off or more are deemed Final Sale. The merchandise is sourced from around the globe by a team of specialty buyers who buy the merchandise for various reasons, including order cancellations by other retailers, excess stock, liquidations, not passing 100% quality check or bankruptcies. Their slogan is “Designer Labels. Depot Prices.”
The average store size is 32,000 square feet (3,000 m2). Designer Depot represented HBC’s entrance into the off-price market in Canada, which is approximately $5 billion and growing. There are currently nine Designer Depot stores.
Famous quotes containing the word designer:
“A designer who is not also a couturier, who hasn’t learned the most refined mysteries of physically creating his models, is like a sculptor who gives his drawings to another man, an artisan, to accomplish. For him the truncated process of creating will always be an interrupted act of love, and his style will bear the shame of it, the impoverishment.”
—Yves Saint Laurent (b. 1936)