Luxury apparel maker Canada Goose tops Street, shares rise: Reuters
Canada Goose Holdings Inc reported a smaller-than-expected quarterly loss as the luxury apparel retailer sold more products across its sales platforms, sending its shares up 5.3 percent on the Toronto Stock Exchange, Reuters reported. After a red hot debut in March, Canada Goose has been opening stores internationally and increasing its presence on e-commerce sites to meet a growing demand for its jackets and parkas. Canada Goose raised about $390 million from its initial public offering in March. U.S. private equity firm Bain Capital, which acquired the company in 2013, continues to be its leading shareholder.
10 August 2017•2 mins read
