Goodbye, Armani suits. Hello, $900 parkas.
Canada Goose has leased 10,000 square feet in the Park Hyatt Chicago, where the maker of down parkas is planning a rarity: a standalone store.
The "Arctic luxury apparel" retailer currently has just two stores, which opened in late 2016 — in the Yorkdale mall in Toronto, where the company is based, and in New York's SoHo neighborhood.
Now, Canada Goose is planning a two-level store in the Park Hyatt hotel, according to real estate sources.
The space in the North Michigan Avenue building was previously occupied by a Giorgio Armani store, which relocated to nearby Oak Street in 2015.