Direct-to-consumer boosts Canada Goose
09/08/2018
In US dollars, its revenues for the quarter were $34.2 million, an increase of almost 60% year on year.
Direct-to-consumer sales accounted for 52% of Canada Goose sales for the quarter, whereas in the the first quarter of its last business year, only 30% of its sales were direct rather than through retail partners.
“Our strong start to the year, in our smallest fiscal quarter, is a great leading indicator,” said chief executive, Dani Reiss. “Our products and our brand continue to resonate with people around the world, and our direct-to-consumer channel was a standout performer in the quarter.”