“Today, we are realigning our teams to ensure that corporate resources are fit for purpose to fuel our next phase of growth across geographies, categories, and channels,” said Dani Reiss, Chairman & CEO. “We are focused on achieving efficiency and margin expansion, while investing in key initiatives – brand, design and best-in-class operations – that will powerfully position our iconic performance luxury brand to deliver long-term growth.”
“While the decision to reduce our workforce was difficult, it was the right decision to put our business in the best position for the future,” continued Dani. “To those employees who are leaving us, thank you for choosing to spend part of your career at Canada Goose. I am personally grateful to each and every one of you and for the contributions you have made during your time with us.”
Canada Goose will provide full results for the quarter and year ended March 31, 2024 on its May 2024 earnings call, including further information on the Transformation Program and its impacts, and our outlook for fiscal 2025.
Fibre2Fashion News Desk (RM)