Canada Goose news and archive

Canada Goose reports Q4 revenue growth

Canada Goose Holdings Inc. said fourth quarter revenue increased 31.4 percent on a reported basis and 30.1 percent on a constant currency revenue basis to 293.3 million Canadian dollars. “I am pleased with our fourth quarter results, particularly the strong revenue results generated in Greater China and EMEA. This is a testament to the strength...

ManagementFeatured

Canada Goose plotting retail expansion with new five-year plan

Luxury outerwear brand Canada Goose has announced a strategic five-year growth plan to double its retail footprint, expand existing categories, and create new opportunities such as homeware, to reach 3 billion Canadian dollars in annual revenue by 2028. In a statement, Canada Goose said that its five-year plan centres around three growth...

Fashion |In Pictures

Canada Goose teams up with streetwear designer Chris Gibbs

Luxury outerwear brand Canada Goose has tapped Canadian streetwear designer Chris Gibbs of Union LA to create a capsule collection in celebration of NBA All-Star 2023. The five-piece streetwear-style capsule collection is a modern take on classic Americana designs and patterns, “each crafted with the West Coast lifestyle in mind,” explains...

ManagementFeatured

Canada Goose lowers FY outlook as Mainland China dents Q3 earnings

Canada Goose has lowered its full-year guidance again after restrictions in Mainland China resulted in a small year-on-year drop in its most important quarter. The outerwear brand made revenue of 576.7 million Canadian dollars in the third quarter ended January 1, down 1.6 percent from the same quarter a year earlier. The company cited “worse...

Retail

Canada Goose launches re-commerce platform in the US

Luxury outerwear and apparel brand Canada Goose, which last month launched rental with Selfridges, has launched its own re-commerce platform to allow consumers to shop and trade in pre-loved styles. Toronto-based Canada Goose is launching its ‘Generations’ re-commerce platform initially in the US, with plans to expand into Canada later this...

Fashion

Canada Goose is launching rental with Selfridges

Luxury outerwear and apparel brand Canada Goose is launching a rental edit with Selfridges, which will be available from January 19 via the department store’s website and its London flagship. The rental edit, curated by the Selfridges buying team, features some of Canada Goose’s “most loved styles” for men and women, including its sustainable...

ManagementFeatured

Canada Goose lowers full-year guidance

Canada Goose has cut its full-year profit and revenue outlook. In the three months to October 2, net income at the outerwear company narrowed to 5 million Canadian dollars from 9 million Canadian dollars a year earlier. On a brighter note, revenue increased 19 percent to 277.2 million Canadian dollars. The growth was driven by a continued strong...

Fashion |In Pictures Featured

Canada Goose unveils collaboration with Feng Chen Wang

Luxury outerwear brand Canada Goose has unveiled a 12-piece lifestyle collection with Chinese-born, London-based designer Feng Chen Wang where “performance luxury meets deconstructed tailoring”. The capsule reinterprets Canada Goose’s signature performance luxury apparel through the “future-modern” aesthetic of Feng Chen Wang with the...

Report

Canada Goose taps new president of China business

Canadian outerwear brand Canada Goose has appointed Larry Li as the president of its business in China. Li has nearly 20 years of experience in the luxury sector, most recently serving as managing director, China at Richemont-owned brand Dunhill. Earlier in his career, he held various senior management roles at LVMH Group, across labels...

ManagementFeatured

Canada Goose Q1 revenue up 24 percent

Canada Goose has reported a 24.3 percent increase in revenue in the first quarter of the year, which was ahead of expectation. In the three months ended July 3, the outerwear specialist made revenue of 69.9 million Canadian dollars, up from 56.3 million Canadian dollars a year earlier. Analysts had expected revenue of 62.6 million Canadian...

Fashion Featured

Canada Goose unveils “next generation” fleece

Canada Goose has launched its latest sustainable collection, the ‘Kind Fleece’ crafted from recycled wool and bio-based fibres to coincide with the release of its 2021 Environmental, Social and Governance report. The fleece textile category has often been petroleum-based, explains Canada Goose, and their “next generation” ‘Kind Fleece’ is made...

Report

Canada Goose appoints Carrie Baker as president

As part of its global expansion, Canada Goose has announced the appointment of Carrie Baker to president, effective immediately. Baker, who will report to chairman and chief executive officer Dani Reiss, has been tasked with aiding in the next phase of the brand’s global growth, driving commercial leadership and marketing. “Carrie has played an...