All Canada Goose articles
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ArticleCanada Goose deeper in the red in Q2 despite DTC boost
Canada Goose loses momentum after strong spring quarter: DTC continues to grow, but rising costs weigh on Q2 results.
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ArticleCanada Goose board changes
Canada Goose has announced the retirement of Stephen Gunn from its board. Belinda Wong is joining the audit committee.
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AnalysisExecutive pay rebounds across vendors in 2024
Vendor executive pay grew 13 percent in 2024, led by a 24 percent rebound in CEO packages, while CFO pay edged up 5%.
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News briefsCanada Goose partners with Beside Group for Middle East expansion
The Canadian brand’s full product range will be offered across retail, wholesale and e-commerce channels.
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ArticleCanada Goose sales fly higher but operating loss widens
The Canadian company grew sales and margins in Q1, but persistent cost pressures and weakness in EMEA markets led to a deeper operating loss.
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ArticleBain may consider selling its Canada Goose stake
Canada Goose’s majority owner is reportedly exploring a potential sale amid recent financial gains and evolving market dynamics.
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News briefs
Canada Goose ordered to pay $30m in vendor dispute
An arbitrator has awarded financial compensation to a former Canada Goose vendor in connection with a previously announced commercial dispute. The case relates to the termination of a contract in 2021, and the award communicated on Wednesday, May 4, has resulted in a one-time financial charge of approximately $30 million. ...
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News briefs7 percent sales growth for Canada Goose in Q4
For the full year, Canada Goose’s net income improved 78 percent to C$103.6 million (€69.9m).
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News briefsPerfect Moment reports Q3 operating loss
The luxury skiwear and lifestyle group reported an operating loss of $1,294,000 against a profit of $728,000 for the three months ended Dec. 31.
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ArticleCanada Goose delivers higher operating profit, lower sales in Q3
Operating income rose by 2.8 percent to C$204.3 million (€137.3m) for the period ended Dec. 29 as net income attributable to shareholders improved by 7.0 percent to C$139.7 million (€93.9m).
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AnalysisVendor executive compensation fell 24% in 2023
Who in the sporting goods industry earned the best salary in 2023? Get the figures from our summary.
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ArticleCanada Goose results impacted by weak DTC comps
The Canadian group’s Q2 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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ArticleCanada Goose generates robust Asia-Pacific sales in Q1
Despite a challenging first quarter with a decline in wholesale, the Canadian 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 briefsCanada Goose hires new digital platform executive
Alfredo Cunanan Mendoza Tan is Canada Goose’s new Chief Digital & Information Officer.
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ArticleCanada Goose exceeds expectations in Q4 due to DTC, North America
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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ArticleCanada Goose’s new Creative Director's first campaign pays tribute to Jane Fonda
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 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 ...
