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Canada Goose

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business1 year ago

"Canada Goose Slashes 17% of Corporate Jobs Amid Retail Challenges"

High-end outerwear company Canada Goose is cutting approximately 17% of its corporate workforce, amounting to about 915 jobs, as part of its "Transformation Program" aimed at achieving cost savings and organizational simplification. The company is also restructuring its management team and integrating cross-functional teams, with more details expected in May. CEO Dani Reiss emphasized a focus on efficiency and margin expansion while investing in brand, design, and operations to drive long-term growth.

via Fox Business|
#business#canada-goose#corporate-restructuring
business1 year ago

"Canada Goose Announces 17% Corporate Workforce Reduction Amid Retail Layoffs"

Canada Goose is cutting about 17% of its corporate workforce as part of its ongoing "Transformation Program" following a string of retail layoffs, aiming to achieve efficiency and margin expansion while investing in key initiatives. The move comes after the company's sales growth fell short of analysts' expectations, with wholesale revenues particularly weak, reflecting a broader trend in the retail industry. The layoffs are part of a broader trend in the retail industry as companies seek to become more efficient and focus on profits amid a slowdown in consumer spending on discretionary items.

via CNBC|
#business#canada-goose#corporate-workforce
fashion-and-shopping1 year ago

"Flash Sale: Save Up to 52% on Canada Goose Jackets and Get a $600 Discount Before They're Gone"

Travel + Leisure is offering an exclusive discount of up to 52% off on a variety of Canada Goose parkas and puffer jackets through a limited-time sale with luxury retailer Gilt, ending on February 5 at 8 am EST. The sale includes a range of stylish and functional options for both men and women, with discounts of over $300 on select items, making it an ideal opportunity to invest in high-quality winter outerwear.

via Travel + Leisure|
#canada-goose#fashion-and-shopping#gilt
business2 years ago

From Legacy to Billion-Dollar Brand: The Canada Goose Success Story

Dani Reiss, the CEO of Canada Goose, has transformed the company from a small Canadian factory into a global brand worth $1.13 billion. Reiss took over the company at the age of 27 and has since seen tremendous growth, with the company bringing in $878.47 million in revenue in its most recent fiscal year. Despite recent challenges, including a drop in stock price and changing consumer spending habits, Reiss remains confident in the brand's cultural value and plans to continue expanding through new stores, product lines, and increased brand awareness in the U.S. and China.

via CNBC|
#business#canada-goose#ceo