7 of 7
BACK NEXT
Bloor Street, Toronto
Bloor Street, Toronto
Hot spot: Yonge Street to Avenue Road.
Rent: $300 per square foot.
State of the market: You might not think of luxury when it comes to our neighbors up north, but Toronto is one of the fastest-growing markets, and Bloor Street, known as "Mink Mile," has suddenly hit the radar of luxury retailers. That could be because even though rents have increased 50% in the past year, they are still a relative steal, and tenants can pull in $1,500 to $4,000 per square foot in sales. Coming soon: a new Cartier store and Brooks Brothers, which has plans to open a 25,000-square-foot store.

More galleries
Last updated August 26 2008: 6:43 PM ET
Meet the sultans of style Fortune's second annual Luxury Portfolio features the moguls, merchants and master craftsmen who are defining the business of luxury. (more)
Mickey Drexler doubles down J.Crew's CEO says this is the worst retail environment he's seen in 40 years. His strategy? Launch a new, upscale brand called Madewell. (more)
Luxury market loses its luster The $270 billion luxury business thought it was recession-proof. But its growth is slowing, and anxiety is higher than a pair of Jimmy Choo pumps. (more)