Holt Renfrew and Harry Rosen are regarded as the two biggest retailers in term of Luxury Clothing. The biggest difference between is that Holt Renfrew sell both men’s and women’s clothing but Harry Rosen only focus on men’s staffs. Another difference is that for men’s clothing Harry Rosen Target business people who are in about mid age as their main customers but Holt Renfrew have more designer’s brand for young people.

According to the consumer’s behaviour, females tend to be more likely to go shopping than males. When a couple go shopping together, there will be a greater chance that they go to Holt Renfrew rather than Harry Rosen. Although, both stores contains many same brands, consumers can hardly to find the same thing in each stores. i think it is the result of the Canadian culture.  Most banks, airline and communication companies avoid to compete with their competitors face to face.  They are always avoiding the direct competition and be too friendly to each other. As I know , there are only less than 10% of goods in common in Holt Renfrew and Harry Rosen. They are not trying their best to get an extra market share from each other. They are satisfied with their current market position.

lacking of competition is a serious problem in many industries in Canada. Several oligopoly companies dominate the market and leave consumers not many choices. This also means than they have a huge potential to improve their service and set a more reasonable price for consumers if there are some new powers entering the market.