The luxury parka maker said on Thursday it would stop making its products with fur by the end of 2022 as the company looks to become more environmentally conscious after years of backlash over its use of coyote fur.
Canada Goose Holdings Inc on Thursday forecast annual revenue above C$1 billion for the first time, after surging online sales and strong Chinese demand helped the apparel maker post a surprise profit.
Canada Goose beat estimates for quarterly revenue and profit on Thursday, boosted by a surge in online sales and increased demand for its luxury parkas in China, sending the company’s U.S-listed shares up nearly 21%.
Gucci has hung on to its most-in-demand number one position in the latest Lyst Index while The North Face had the hottest product in Q4, topping both the women’s and men’s list - a first for the index.
Remarkably, on the day the second lockdown in Paris ends, November 28, and clothing stores can open, Canada’s Nobis will debut a brand new store there. Its co-founder Robin Yates explains how it has defied the downturn.
Canada Goose has launched Humanature, a new purpose-built platform designed to unite its sustainability and values-based initiatives; and unveiled its most sustainable ever coat, a new Standard Expedition Parka.
The Canadian parka specialist has been extending its range ever since its 2017 stock market listing. It is now set to enter the footwear market, having hired Adam Meek, formerly global senior VP of product at Sperry.
Off-White and Bottega Veneta are continuing to ride high in the latest version of The Lyst Index. The Q4 report from the high-end search engine showed that Off-White is again the "hottest brand on the planet”.