Canada Goose Holdings

Canada Goose Holdings Inc., known for its high-quality winter clothing, is a Canadian company that has been in operation since 1957. Founded by Sam Tick as Metro Sportswear Ltd., the company initially produced wool vests, raincoats, and snowsuits. Over the years, it evolved to specialize in down-filled jackets and heavy-duty parkas designed to withstand extreme cold weather conditions. Today, Canada Goose is a publicly traded company on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the ticker symbol GOOS. The company's headquarters are located in Toronto, Ontario, Canada. It has become synonymous with luxury outerwear, known for its iconic parkas, lightweight down jackets, rainwear, windwear, and a range of apparel and accessories suitable for various seasons. The company operates through three main segments: Direct-to-Consumer, Wholesale, and Other. It has a significant global presence, selling its products in Canada, the United States, Asia Pacific, Europe, the Middle East, and Africa. Canada Goose maintains a commitment to manufacturing its products in Canada, which is a key aspect of its brand identity. As of 2023, Canada Goose employed approximately 4,760 full-time employees and reported revenues of CA$1.22 billion. The company's operating income stood at CA$136 million, with a net income of CA$69 million. Its total assets were valued at CA$1.59 billion, and total equity was CA$478 million. The leadership team includes Dani Reiss, who serves as the Chairman and CEO, and has been instrumental in steering the company's growth and international expansion. Under his leadership, the company discontinued its private label operations to focus on its branded consumer products. Canada Goose has also been involved in various corporate governance and social impact initiatives. It has a governance quality score as of April 1, 2024, indicating its commitment to ethical business practices and transparency. The company has faced challenges, such as counterfeiting and concerns over the sustainability and treatment of animals, which it has addressed through various measures. Canada Goose continues to be a major player in the luxury apparel industry, competing with other high-end brands while maintaining its unique brand proposition.