All Canada Goose articles
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News briefsCanada Goose to reduce corporate roles at its head office
Canada Goose is planning to cut about 17 percent of its global corporate roles in a cost-cutting push. The layoffs are set to involve about 156 jobs at its corporate headquarters, according to Reuters. Between April 2021 and April 2023, the company nearly doubled the number of employees at its ...
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News briefsCanada Goose teams up with KidSuper on apparel collection
Canada Goose has teamed up with Brooklyn-based fashion label KidSuper as part of its multi-year partnership with the National Basketball Association (NBA). The collaboration made its debut during Paris Fashion Week in January at the KidSuper Men’s Fall 2024 show. The limited-edition Canada Goose & NBA Collection is launching on ...
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ArticleChina's luxury demand boosts 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 briefsCanada Goose fills new position of President, Finance, Strategy & Admin
Source: Canada Goose Beth Clymer, new President, Finance, Strategy & Administration Canada Goose has created a new position – President, Finance, Strategy & Administration – and hired Beth Clymer, who will be responsible in this role for finance, human resources & culture, corporate strategy and legal. “Beth ...
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News briefsCanada Goose acquires its first European factory
Canada Goose has acquired the operating assets of Paola Confectii Manufacturing in Romania. These will now become the brand’s first factory in Europe. Its other seven factories are all in Canada. Paola Confectii has been supplying knitwear to Canada Goose since its founding in 2017. Its General Manager, Giannino Lessi, ...
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ArticleCanada Goose lowers FY24 outlook, increases reliance on DTC
Citing an increasingly challenged global macroeconomic environment and a slowing business in September, Canada Goose has lowered its FY24 total revenue outlook by 7 to 14 percent. Total annual sales are now pegged at CA$1.2 billion to CA$1.4 billion (€819m to €956m). The adjusted guidance assumes direct-to-consumer will represent about ...
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C-Suite InterviewWhen it comes to resale, the price is right
Pricing expert Robert Tinterov discusses the difficulties and opportunities of pricing goods for resale in the sports industry.
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News briefsChanges to Canada Goose Board and executive team
Canada Goose Holdings Inc. has announced the appointment of two new board members. Gary Saage, former Group Chief Financial Officer for the Richemont Group, and Jennifer Davis, Partner, Bain Capital Private Equity, join the Canada Goose Board of Directors, effective immediately. Davis, who brings with her decades of experience in ...
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AnalysisAnalysis: The top sporting goods industry performers by sales and profits in Q2 2023
Facing difficult year-over-year comparisons in many cases, 2/3 of entrants reported lower sales from Q2 2022. Find out more with our scorecard.
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ArticleAnnie Leibovitz shoots for Canada Goose, focus on female empowerment
Canada Goose has taken to the rugged landscapes of New Mexico with Annie Leibovitz to stage its latest brand campaign, taking its community on a journey of female empowerment and individuality. The new Live in the Open campaign for FW23 celebrates three trailblazing women from the vastly different worlds of ...
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ArticleChina demand boosts Canada Goose Q1, but warns of slower Q2
Strong post-Covid pandemic demand from China for parkas has helped Canada Goose beat revenue estimates for its first quarter, but the company warned of below-estimate sales in the current three months due to softer demand amid a tougher US economic backdrop. Continued momentum in Asia Revenue from its Asia-Pacific segment ...
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News briefsCanada Goose to launch its first sneaker collection
Canada Goose is introducing its first-ever sneaker line on July 18. Called The Glacier Trail, the sneakers, which will debut in both a low-cut version as well as a high, for men and women, have been described by the brand as intersecting style and performance for versatile, multi-seasonal wear. The ...
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Infographics & DataSGI Sporting Goods Scorecard Q1 2023
How did Apparel, Footwear, Equipment and Retail perform in the first quarter of 2023? Our Sporting Goods Industry Scorecard has the answer.
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ArticleEMEA, Asia-Pacific fuel Q4 sales growth for Canada Goose
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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ArticleCanada Goose with five new executives to drive strategic growth plan
Canada Goose announced five new appointments to its leadership team, all effective immediately, aligned to its recently unveiled five-year strategic growth plan. The Canadian company appointed Matt Blonder as the brand’s first-ever chief digital officer; Juliette Streichenberger as president of CGAG and Europe, the Middle East and Africa (EMEA); Ana ...
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Infographics & DataCanada Goose’s DTC growth plan
Canada Goose’s 5-year goals announced in February aim to increase DTC penetration. We look at a breakdown of the luxury brand’s own figures.
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Infographics & DataSGI Sporting Goods Scorecard Q4 2022
Find out whose sales are up and whose profits are down in Q4 2022 in our exclusive analysis of the sporting goods industry’s largest players.
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AnalysisAnalysis: Taking stock of sporting goods inventory levels
Our exclusive analysis of the inventory levels of some of the industry’s biggest brands, including how some are responding to the challenges
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Infographics & DataSporting goods company inventory levels in Q4 2022
We’ve compiled inventory levels at the top sporting goods companies in Q4 2022. Found out how they compare with 2021 and across the industry
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ArticleFY 2028: Canada Goose aims to have up to 150 stores and reach $3 billion in revenue
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 ...
