Canada Goose news and archive

Canada Goose introduces experience concept to fitting rooms

Experiential retail is making its way into the fitting rooms. In a new initiative that is partially a selfie magnet and mostly for the benefit of experiencing the clothing in a stronger sense, Canada Goose has transformed the fitting rooms of its stores into freezers. The freezers have popped up in five locations, including a flagship in New...

Report

Canada Goose Q2 revenues jump 33.7 percent, revises FY19 outlook

Canada Goose Holdings Inc. for its second quarter ended September 30, 2018 reported a total revenue increase of 33.7 percent to 230.3 million Canadian dollars (174 million dollars) or 31.5 percent on a constant currency basis. Net income, Canada Goose said, increased to 49.9 million Canadian dollars (37.7 million dollars) or 0.45 Canadian dollar...

Report

Zacks’ analysts expect Canada Goose to rebound after earnings release

New York - Canada Goose (GOOS) shares have lost 7.13 percent over the past month, outpacing the Retail-Wholesale sector's loss of 12.48 percent and lagging the S&P 500's loss of 6.82 percent in that time. As reported by Zacks, investors will be hoping for strength from GOOS as it approaches its next earnings release, set for November 8. On that...

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...

Retail

In pictures: Canada Goose to add cold rooms to its stores

Outdoor brand Canada Goose has opened a new store in New Jersey, its fourth in the United States. The new retail space features a cold room which allows customers to test the brand’s parkas in temperatures as low as -13 degrees Farenheit (-25 degrees Celsius). Launched in Canada Goose’s Tokyo store last year, the cold room concept will soon be a...

Business

Canada Goose opens its largest manufacturing facility to date

Outdoor brand Canada Goose opened its third and largest manufacturing facility in the city of Winnipeg. Spanning over 128,000 square feet (approximately 11,982 square meters), the facility will hire more than 700 people over the next three years. This is Canada Goose’s seventh wholly-owned manufacturing facility: in addition to the two others in...

Management

Canada Goose Q1 revenues jump 58.5 percent

Canada Goose Holdings Inc., for its first quarter ended June 30, 2018 reported total revenue increase of 58.5 percent to 44.7 million Canadian dollars (34.3 million dollars). The company said, direct-to-consumer (DTC) revenue increased to 23.2 million Canadian dollars (17.8 million dollars) from 8.3 million Canadian dollars (6.3 million...

Management|INTERACTIVE Featured

Canada Goose FY18 revenue jumps 46.4 percent

Canada Goose Holdings Inc. in its financial results for its fiscal year ended March 31, 2018 said total revenue increased by 46.4 percent or 47.7 percent on a constant currency basis to 591.2 million Canadian dollars (448.5 million dollars). Hover over the graph to learn more. “Our execution in fiscal 2018 was exceptional across all growth...

RetailFeatured

Canada Goose to open three more stores

Canada Goose Holdings, Inc. has announced that they will be opening three more stores this fall, namely in Short Hills, New Jersey, Montreal, Quebec, and Vancouver, British Columbia. The stores are part of the brand's plans for continued global retail expansion. The Short Hills store will be the brand's fourth U.S. store, and is a perfect...

Fashion Featured

PETA Eyeing Lawsuit Against Canada Goose

PETA’s Media Liaison Sofia Mobili says PETA is reaching out to consumers who believe that they were misled by Canada Goose's claims of using only "ethically sourced" products, as part of an investigation for a potential class-action lawsuit. It’s aim is to help hold the company accountable for profiting from animals' suffering while claiming...

Report

Canada Goose Q3 revenues increase 27.2 percent

Canada Goose Holdings Inc. reported total revenue increase of 56.8 million Canadian dollars (45 million dollars) to 265.8 million Canadian dollars (211 million dollars) in the third quarter of fiscal 2017, representing year-over-year growth of 27.2 percent. Net income for the third quarter was 62.9 million Canadian dollars (49.9 million dollars)...

Fashion |OPINION Featured

The Unfashionable Status of Canada Goose

It’s that time of year when city streets from Portland to St Paul to Philadelphia are clogged with a familiar sight: not the dirty grey sludge snow banks piled up against the sidewalks, but the crisp red, white, and blue arctic landscape on those sidewalks. I’m referring to that little circular patch on the wearer’s left arm so prominent and...