canada goose

Canada Goose Q2 shows steady progress despite challenging environment

Canada Goose has reported a 5 per cent YoY revenue drop to CAD $267.8 million (~$192.43 million) in Q2 FY25. Direct-to-consumer revenue declined 5 per cent, and wholesale revenue decreased 15 per cent due to planned inventory adjustments. Gross margin fell to 61.3 per cent. Revised FY25 guidance forecasts a slight revenue change, with adjusted EBIT margin at -60 to +60 basis points.




canada goose

Canada Goose to stop buying new fur by 2022

The brand will however continue to use fur it has reclaimed from customers through a buy-back scheme




canada goose

Canada Goose to end use of virgin fur

Parka brand has no plans to change policy on down and says it is not bowing to pressure




canada goose

Canada Goose will buy coyote fur already in the market place for its $1000 parkas starting in 2022

Canada Goose, in a sustainability report planning for its future, says it won't buy coyote fur from trappers starting in 2022 as CEO Dani Reiss insists the company wasn't catering to activists.