Harry Rosen, one of the most successful businessmen in Canadian fashion retail, has died.

Rosen’s son Larry confirmed his father’s passing on December 24th in a written statement.

The statement read:

“It’s with a heavy heart we announce the passing of our founder and visionary Harry Rosen. His passion for menswear and fashion was contagious; his ability to teach and inspire were unparalleled.”

Founded in Toronto in 1954, the Harry Rosen retail chain grew from a single store in the Cabbagetown neighbourhood of central Toronto on a $500 dollar investment, to an iconic leading name in high-end menswear, with 15 locations and five outlet stores across Canada.

Rosen is survived by his wife of 68 years, Evelyn, their four children, nine grandchildren and six great-grandchildren.

A funeral service will be held on Thursday.

Harry Rosen was 92.