Asian demand provides tailwinds as Canada Goose changes direction
18/05/2023
CEO Dani Reiss said: “I am pleased with our fourth quarter results, particularly the strong revenue results generated in Greater China and EMEA (Europe, the Middle East and Africa).
“This is a testament to the strength of the brand and this momentum has continued alongside early encouraging results in North America in fiscal 2024 year to date"."
The brand's recently published growth plan will focus on three areas: increasing the focus on women and Gen Z; doubling the amount of stores by 2028; and diversifying into newer categories such as rainwear, apparel and footwear as well as the addition of eyewear, luggage and home.
Mr Reiss added: “I am excited by the progress our global teams have made in advancing our strategic growth pillars – to accelerate consumer focused growth, build out DTC and create new and expand product categories, rapidly.”
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