Canada Goose buys first European manufacturing facility
01/12/2023
It is the company’s first European facility, and supports its plan of expanding existing categories and increasing year-round relevance.
Knitwear is one of the leading segments of its growing Apparel category, which exceeded $70 million in annual sales in fiscal 2023. This closer partnership is expected to enhance product margins and supply control, while deepening in-house product expertise.
Canada Goose CEO Dani Reiss said: “Our vertically integrated supply chain has always been one of our core competencies. This strategic investment advances our renowned manufacturing infrastructure and validates the performance luxury brand we are today.
“It also demonstrates the confidence we have in our emerging categories and our plans to develop these categories into even more meaningful contributors to our business.”
Paola Confectii will continue to be led by its general manager Giannino Lessi, and technical director Paola Zaffalon will maintain regular operations.
Image: Canada Goose's HyBridge Knit Jacket, made in Romania
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