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Groupe Dynamite Expects to Boost Store Count
Groupe Dynamite expects to have 307 stores once its fiscal year concludes at the end of January, the company announced.
The Montreal-based women’s fashion house said it will have opened nine net new stores after opening 20 and closing 11 in fiscal-year 2025. All of the new stores are located in the U.S. and bear the Garage banner.
Meanwhile, Groupe Dynamite lowered its fiscal 2025 guidance to $80 million to $90 million from $85 million to $95 million.
“As we close out fiscal 2025, we’re preparing to launch U.K. e-commerce in Q1 and look forward to opening our first UK stores also later in Q1,” said Stacie Beaver, Groupe Dynamite’s president and chief operating officer.
Photo: Groupe Dynamite
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