Global luxury brand Hermès is opening a flagship store in downtown Calgary’s Stephen Avenue Mall, joining a throng of high-end retailers that are transforming the pedestrian strip as the region benefits from higher oil prices in recent years.
Hermès joins high-end retailers as elevated oil prices add luxury to Calgary
Global fashion brand among merchants moving to Stephen Avenue Mall
By Neil Sharma
CoStar NewsJuly 23, 2026 | 7:39 P.M.
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IN THIS ARTICLE
- Properties
- HSBC Bank Building
407 8th Ave, Calgary, AB
- Companies
- Barclay Street Real Estate Ltd.
Real Estate
- CIR Realty
Real Estate
- Contacts
- David Wallach
President and Broker, Barclay Street Real Estate Ltd.
- Natasha Phipps
Associate, CIR Realty