Canada Goose news and archive

After sales decline in the second quarter, Canada Goose lowers forecasts

Clothing retailer Canada Goose Holdings Inc. suffered a slight decline in sales in the second quarter of the 2024/25 fiscal year. Profits only rose due to special factors, leaving management more cautious for the rest of the year. According to an interim report published on Thursday, sales in the three months up to September 29 amounted to 267.8...

Retail

Canada Goose opening experiential pop-up in Selfridges

Canada Goose is opening an experiential pop-up store within department store Selfridges in London to support Polar Bears International, a longstanding partner for the Canadian outerwear and performance brand. The Arctic Lab pop-up, opening on November 4, will be located within Selfridges menswear atrium and will focus on Canada Goose’s work with...

Business

Canada Goose to launch eyewear collection with Marchon

Marchon Eyewear and Canada Goose have entered an exclusive, long-term global licensing agreement to develop the first-ever Canada Goose eyewear collection, which will roll out globally beginning Spring 2025. "In our ongoing effort to add world class partners to our portfolio of brands, we are excited to welcome Canada Goose and bring their...

Fashion

Canada Goose unveils first product co-designed with Shai Gilgeous-Alexander

Luxury outerwear brand Canada Goose has unveiled its first co-designed jacket with brand ambassador and basketball star Shai Gilgeous-Alexander. Dubbed the NBA’s most stylish player for his notorious charismatic style, Gilgeous-Alexander has co-designed a jacket with Canada Goose inspired by one of the luxury brand’s year-round favourite pieces,...

Business

Canada Goose sees revenue growth as it expands its warmer-weather product range

Canada Goose Holdings Inc. reports its first quarter fiscal 2025 financial report, reporting revenue growth and net loss. The report shows that the Asian market and expansion into lighter, warmer-weather apparel drove revenue growth. The Canadian luxury clothing company reports total sales of 88.1 million dollars (approximately €81.6 million),...

People

Canada Goose names Alfredo Tan as chief digital & information officer

Canada Goose has appointed Alfredo Tan as the new chief digital & information officer, effective August 7, 2024. He takes over for Matt Blonder who will be departing Canada Goose. The company said in a release that Tan will drive the brand’s digital capabilities and lead the teams responsible for developing the company’s digital roadmap across...

Fashion Featured

A closer look at Canada Goose commitment to go 'fur-free'

For many, the name Canada Goose goes hand in hand with quality, performance, and luxury outerwear. With roots dating back to the 1950s, the once small and local brand has grown from its humble beginnings into one of the world's leading manufacturers of high-end apparel. Renowned for their parkas, particularly the Expedition Parka created in the...

BusinessFeatured

Canada Goose Q4 revenues grow 22 percent

Canada Goose revenue increased 22 percent or 23 percent on a constant currency basis to 358 million Canadian dollars for the fourth quarter. Gross profit grew 22 percent to 233 million Canadian dollars and gross margin for the quarter was 65.1 percent. “Our fourth quarter results came in ahead of guidance, reflecting the power of our iconic...

PeopleFeatured

Canada Goose names Haider Ackermann as creative director

Luxury outerwear brand Canada Goose has named Colombian-born French designer Haider Ackermann as its first-ever creative director to “shape” its future products and “elevate the brand’s creative aesthetic”. In a statement, the luxury parka brand said that Ackermann will be based in Paris and work alongside chairman and chief executive officer...

Business

Canada Goose to cut 17 percent of its global workforce

Outerwear purveyor Canada Goose is cutting 17 percent of its global workforce as part of a cost saving measure and growth strategy. News of the announcement on Tuesday saw the company’s share price tumble 3.7 percent, with stock down 75 percent in the past 12 months. The company is listed on the Toronto Stock Exchange. “Change is a constant...

BusinessFeatured

Canada Goose signs multi-year partnership with Central Saint Martins

Luxury outerwear brand Canada Goose is strengthening its commitment to the next generation of fashion talent with a new multiyear partnership with London’s Central Saint Martins, part of the University of the Arts London. The announcement follows a two-year partnership between the two, which saw Canada Goose collaborating with Central Saint...

Business

Canada Goose reports 6 percent increase in Q3 revenues

Canada Goose third quarter revenues increased 6 percent to 609.9 million Canadian dollars, up 5 percent on a constant currency basis. Canada Goose expects fourth quarter revenue between 310 million and 330 million Canadian dollars, adjusted EBIT between 14 million Canadian dollars and 27 million Canadian dollars and adjusted net income per...