Club Monaco
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Club Monaco, Inc. | |
Type | Public (NYSE: RL) |
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Founded | Toronto, Ontario , 1985 |
Headquarters | New York, New York |
Key people | Founded by Joe Mimran |
Industry | Retail |
Products | Apparel |
Website | www. clubmonaco.com |
Club Monaco is an upscale clothing retailer with more than 80 stores in Canada, Hong Kong, Taiwan, the United Arab Emirates and the United States. Club Monaco also plans to open stores in the United Kingdom and expand to Philadelphia, Manila and Seoul.
Club Monaco alternates between less formal styles during the northern spring and summer and more formal offerings during autumn and winter.
[edit] Company history
In 1985, Canadian Joe Mimram opened the first store in Toronto. The first US store opened in 1989. It is now owned and operated by Polo Ralph Lauren, which acquired Club Monaco in 1999. Polo has largely allowed Club Monaco to exist as an independent entity within the group and does not publicize its ownership of the brand.
Luxottica began distributing Club Monaco glasses frames in its retail outlets in 2007.