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Brand: Club Monaco
In 1985, Canadians Joe Mimran, Saul Mimran and Alfred Sung opened the first store in Toronto on Queen Street West. This store, which still exists today, originally included a cafe below the sales floor, their second location was located in the Promenade Mall in Thornhill. The first US store opened in Santa Monica in 1989. Until 1999, Club Monaco was a Canadian company and was based at Avenue Road and Bloor Street West along the Mink Mile in Toronto. It is now owned and operated by Polo Ralph Lauren, which acquired Club Monaco in 1999. Polo has allowed Club Monaco to exist as an independent entity within the group and has downplayed its ownership of the brand.