Reitmans to close all of its Hyba activewear stores over the next year

Women’s fashion retailer Reitmans Ltd. says it is closing all of its Hyba stores.

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The Montreal-based company says the 17 locations will shutter by next February as it moves the brand into its existing 270 Reitmans stores and online.

READ MORE: Women’s clothing store Smart Set to shut down, owner Reitmans says

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Hyba sells workout clothes for women including gym clothes, yoga wear and running gear.

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The stores were converted from Smart Set locations when the chain closed its 107 locations in 2015 and rebranded dozens to other store names.

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They account for less than two per cent of Reitmans annual sales.

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Reitmans says it will take a non-cash charge of about $1.5 million related to the closures and a $2-million provision for stores leases in its fourth quarter, which will be reported April 4.