Hailo Toronto is definitely shutting down
Hailo Toronto will cease operations along with the rest of the company's branches throughout North America. When news broke that the company would cease North American operations to focus on European and Asian markets, a glimmer of hope remained for the local branch, which sought a licensing agreement with the parent company to continue what it characterized as "thriving" business in Toronto.
This news comes from TechCrunch, who first reported on the attempt of the Toronto branch to strike out on its own. According to the site, "a representative for Hailo says the company is shutting down all markets completely, and won't be striking a licensing deal in Toronto."
It's not all that surprising. If Hailo wants to sell its new overseas focus as something other than scampering away from North America with its tail between its legs, it probably makes sense not to leave a rather visible reminder of what could have been. So a clean break it will be, despite whatever potential the local iteration of the company might have had.
Photo from Hailo
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