Baffin news and archive

Canada Goose posts increase in Q2 revenues and profit

Canada Goose Holdings Inc. total revenue increased by 27.7 percent to 294 million Canadian dollars (221.7 million dollars) for the second quarter, while revenue rose by 28.3 percent on a constant currency basis. The company said, DTC revenue increased to 74.2 million Canadian dollars (55.9 million dollars) and wholesale revenue increased to...

Management

Canada Goose enters footwear category with acquisition of Baffin

Canada Goose Holdings Inc. has announced acquisition of Baffin Inc., a Canadian designer and manufacturer of performance outdoor and industrial footwear, for a purchase price of 32.5 million Canadian dollars. The company said, this transaction is being funded with available cash on hand and the issuance of 1.5 million Canadian dollars of...