All Canada Goose articles

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    Sporting goods industry stocks rose by 10.9% in Q1 2021


    Confirming the resilience of our industry, the average stock market value of 38 selected public companies in the sporting goods sector advanced by 10.9 percent in the first three months of 2021. Comparatively, the main stock indices grew by only between 2.4 percent and 8.5 percent over the period.

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    Canada Goose to open fifth European brand store in Frankfurt


    Following on the opening of its first German brand store in Berlin last year, Canada Goose is readying to open its second one in Frankfurt in the coming weeks, corona regulations permitting. The store will span two floors at Frankfurt’s downtown Rathenauplatz and will be the fifth Canada Goose ...

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    Canada Goose and NBA ink multi-year partnership


    Canada Goose has announced a multi-year partnership with the National Basketball Association (NBA) that makes Canada Goose a ”Proud Outerwear Partner” of the NBA All-Star . Timed to the NBA’s annual All-Star celebration, Canada Goose will develop an exclusive design collaboration each year for players and fans. The ...

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    E-commerce and wholesale lift Canada Goose


    Robust online sales globally returned Canada Goose to growth in its third fiscal quarter. Revenues for the three months ended Dec. 27, 2020, progressed by 5.0 percent to 474.0 million Canadian dollars (€309.5m-$363.8m). E-commerce was a bright spot, surging by 39.3 percent, which partly offset store closures of ...

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    New president for Canada Goose’s Asia Pacific division


    Canada Goose has appointed Scott Cameron as the new president for the company’s Asia-Pacific division. Cameron joined Canada Goose in 2016 as chief strategy and business development officer and most recently served as president for the Greater China region. During this time, Cameron was responsible for developing and ...

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    Few sports brands in the Dow Jones Sustainability Index


    Sustainability has become an increasingly important issue in the sporting goods sector. However, after being on the list for 20 consecutive years, Adidas is absent from this year’s Dow Jones Sustainability Index (DJSI) . The annual DJSI, which has reached its 21st edition, assesses the sustainability performance of the ...

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    An unexpected profit for Canada Goose


    Thanks to strong demand from China, Canada Goose posted an unexpected profit in the second fiscal quarter. After posting heavy losses in the first quarter, it has now returned to profits with a net income of 10.4 million Canadian dollars (€6.7-$8.0m) for the three months of its ...

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    Positive rating by Moody’s for Canada Goose


    Rating its debt for the first time, Moody’s gave Canada Goose a B1 corporate family rating and a B2 rating to a proposed senior secured loan of 402 million Canadian dollars (€258m-$300m) due in 2027, nearly half of which would be used to add cash to its balance ...

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    Canada Goose to cut production as Covid-19 hits Q1 sales


    Canada Goose is cutting production and opening fewer stores as the coronavirus pandemic hit its sales, causing first-quarter net losses to almost double to 50.1 million Canadian dollars (€32.0m-$37.7m) from Can$ 29.4 million a year earlier. On adjusted basis, excluding restructuring charges, the net loss amounted to Can$ 38.4 ...

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    Canada Goose sends a signal with the strategic hire of a GM Footwear


    Canada Goose appointed Adam Meek to the new role of general manager of footwear accessories. Meek brings more than 20 years of global footwear experience to this role. Most recently, he served as senior vice president of product at Sperry ( Wolverine Worldwide ), where ...

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    Canada Goose expands its In Residence program


    Canada Goose has expanded its “ In Residence ” program for artists, celebrating the post-pandemic reopening of its stores, to a third European city. The British-Indian artist Saroj Patel ’s installation in the shop window of the company’s flagship store on Regent Street in London made its debut on ...

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    Canada Goose was resilient against Covid-19


    Canada Goose Holdings was not hit as hard as other clothing brands by the pandemic, which it attributed to the seasonal nature of its business. While it felt the impact of store closures late in its fiscal year, which ended on March 29, 2020, its peak activity time had ...

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    Canada Goose partners with bluesign


    Canada Goose has announced its commitment to reach 90 percent bluesign approved fabrics by 2025. The pledge is part of the Canada Goose’s Sustainable Impact Strategy. The brands who commit to being a bluesign system partner have their supply chain thoroughly assessed to ensure that their products and ...