Throughout the year, Canada Goose continued executing against its key priorities: enhancing luxury retail execution, evolving the brand and product offering, and simplifying internal operations.
Canada Goose’s Q3 2024 shows revenue declines as over-reliance on China and shrinking wholesale business raise questions about its future growth strategy.
Jared Gordon discusses the brand's 80% drop in stock value and lowered financial forecast, attributing it to concerns about market saturation, vulnerability to discretionary luxury spending, and economic uncertainty in China. He also argues that the company is strategically transitioning toward a more diverse product range and evolving into an "Evergreen" brand, with potential for long-term success.
The popular and rapidly expanding outerwear and fashion brand is relocating to a glossy new downtown development in one of the biggest office transactions in the city since the start of the pandemic.
The popular outerwear and fashion brand will have nine stores in Canada by the end of the summer as it pushes hard with its direct-to-consumer retail strategy.
The popular Canadian outerwear brand is looking to further drive sales through its own stores and e-commerce site as it pulls its products from multi-brand retailers in Canada and abroad.
Several companies in Canada are supporting the supply of personal protective equipment (PPE) at a critical time when health and other front-line workers are at risk of infection.
Other News: French retailer Orchestra closing only Canadian store, The Row closes Montreal concession, Article opens GTA warehouse, Eataly opens 4th restaurant space in Toronto.
The Bloor Street menswear flagship has unveiled an elevated hard-shop concept at a time when Canada Goose is also opening direct-to-consumer storefronts globally amid a wholesale distribution reduction.
North America’s largest shopping centre has partnered with a leading auto retailer to launch a first-ever initiative that will include a 317,000 square foot facility with 65 servicing bays, car detailing, and valet parking stations to serve mall customers.
The popular fashion and outerwear brand continues to expand its direct-to-consumer business as it opens standalone storefronts in cities globally. By this winter, Canada will have 7 Canada Goose stores with more said to be on the way
The popular Canadian fashion and outerwear brand opened its doors on Friday, featuring the retailer’s first ‘cold room’ in the country in its largest store to date.
The Canadian fashion and outerwear brand is said to be opening a network of store locations nationwide as it secures leases and sees phenomenal success.
We’re predicting that this year will be one of highs and lows — Sears Canada will shutter, Nordstrom Rack will enter Canada, marijuana will be legalized, and plenty of other developments.