All Canada Goose articles
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Article
Canada Goose boosts profit on direct sales shift
The Canadian luxury outdoor apparel company posts solid Q4 results but refrains from providing fiscal 2026 guidance amid global economic uncertainties.
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News briefs
Baffin expands direct shipping to key EU markets
The Canadian footwear brand now offers direct-to-consumer shipping in France, Germany, the UK and Italy.
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Article
Canadian textile manager moves to take over retailer MEC
A potential Canadian buyer emerges for Mountain Equipment Company, aiming to revive the iconic outdoor retailer amid financial and ownership shifts.
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Article
Canada Goose exceeds income forecasts despite revenue dip
The Canadian luxury outerwear company surpasses profit expectations amid mixed regional sales, strategic inventory cuts and shifting forecasts for DTC growth.
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News briefs
Canada Goose appoints new SVP of Merchandising
The Canadian brand has named Judit Bankus SVP of Merchandising to lead its global strategy, emphasizing sustainability and innovative product growth.
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News briefs
Canada Goose renews regulatory relief for share repurchase
The company renews the Ontario Securities Commission exemption, enabling up to 10% share buyback on US markets under its 2024-2025 program.
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Haider Ackermann debuts ‘Snow Goose’ capsule
The latest Canada Goose line blends heritage craftsmanship with modern innovation.
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News briefs
Canada Goose renews stock buyback program, enhancing capital strategy
A Canadian luxury outdoor apparel brand renews its share repurchase program, focusing on efficient capital allocation and shareholder value.
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Article
Canada Goose Q2 profit rises despite revenue decline
The quarter saw a 30% drop in operating income amid declining wholesale and DTC sales, but a tax recovery lifted profitability by 54% to C$6.3M.
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News briefs
Canada Goose enters eyewear market with Marchon’s help
Canada Goose partners with Marchon Eyewear to launch eco-friendly optical glasses and sunglasses, debuting in Spring 2025 across global retail outlets.
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Article
Canada Goose: 4% sales growth in Q1 thanks to Asia-Pacific
Despite a challenging Q1 with a decline in wholesale, the company achieved overall sales growth of 4%, driven by strong demand in the Asia-Pacific region for its SS24 collection.
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News briefs
Canada Goose hires new Chief Digital & Information Officer
Alfredo Cunanan Mendoza Tan is Canada Goose’s new Chief Digital & Information Officer.
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DTC drives Canada Goose
Canada Goose, which recently hired its first creative director to reshape its product portfolio and elevate its creative aesthetic, reported a 31 percent improvement in Q4 operating income to C$7.6 million (€5.1m) against a C$10.0 million loss in the year-ago period. Net income attributable to shareholders was C$5.0 million. Gross ...
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Article
Canada Goose welcomes its first creative director
Canada Goose has appointed designer Haider Ackermann as the company’s first Creative Director. He is considered a luminary in the fashion industry and is celebrated worldwide for his talent in defining modern design. The Colombian-born French designer will be based in Paris and will work alongside Chairman and CEO Dani ...
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News briefs
Canada Goose to reduce workforce
Canada Goose will cut approximately 17 percent of its staff, or 900 jobs, as part of its ongoing transformation program aimed at reducing costs while achieving the company’s strategic goals. As part of the reorganization, Carrie Baker, currently President of Brand and Commercial, will assume responsibility for Design, while Beth ...
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Strong Asia-Pacific sales bolster Canada Goose in Q3
Increased demand for luxury goods in China contributed to a reported 62 percent increase in Asia-Pacific sales at Canada Goose to C$270.7 million (€186.3m) for the third quarter ended Dec. 31. All other geographies posted double-digit declines in sales, including a 26 percent decline in the EMEA to C$86.8 million ...
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News briefs
Canada Goose expands resale program to Canada
Following the launch of its Generations resale program in the U.S. earlier this year, Canada Goose now announced that it is rolling out the program in Canada. Consumers can trade in their Canada Goose products through the Generations online portal. Once sent in, evaluated and authenticated, customers will receive a ...
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Sales growth for Canada Goose in Q4 driven by EMEA, Asia Pacific
Higher direct-to-consumer revenues coupled with the absence of pandemic-related restrictions helped Canada Goose achieve double-digit revenue growth in the EMEA and Asia-Pacific regions in Q4 ended April 2. Period operating income was C$17.2 million (€11.9m) versus C$0.9 million, but the group reported a net loss of C$10.0 million (€6.9m) against ...
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Analysis: More than half of the outdoor stocks make gains in Q1
Our Q1 Outdoor Index includes the revenue and profit development of 37 major outdoor companies.
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Article
Canada Goose aims to have up to 150 stores and $3 billion in sales by 2028
After reporting slightly weaker third-quarter numbers earlier this month, Canada Goose, founded in 1957 in a small warehouse in Toronto, Canada, announced not only its five-year financial goals but also an update on its strategic priorities at its Investor Day on Feb. 7, 2023, at the company headquarters. “Today, Canada ...