Canada Goose expands its global appeal
30/05/2019
This growth was led by a significant increase in its direct-to-consumer revenue, which now makes up 51.9% of the group’s total revenue. This compares to 43.1% in the previous year. Wholesale revenue also increased, driven in part by a contribution from footwear brand Baffin, which Canada Goose acquired at the end of 2018.
The company saw growth across all geographic regions, with increases of 28.2% in Canada, 36.3% in the US and 60.5% in the rest of the world. Sales outside of Canada and the US now make up 34.5% of overall revenue, almost in-line with sales in its home market.