By  on April 27, 2017

Despite a strong retail pedigree — Kit and Ace was founded by members of the same family that launched Lululemon Athletica — the Canadian active brand, known for its technical luxury fabrics, has succumbed  to the unsparing retail environment. Kit and Ace will close all 32 of its stores, which are mainly in the U.S., to focus on nine Canadian units and its e-commerce site.

Layoffs at Kit and Ace’s Vancouver headquarters on Thursday reportedly included president Wendy Bennison, who joined the company last year as president. The former chief operating officer of Roots Canada Ltd. was working on developing an omnichannel roadmap for Kit and Ace and elevating the customer experience.

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