Canada Goose Feeling Really Good About Business, CEO Says

Canada Goose Feeling Really Good About Business, CEO Says

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Business

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The transcript discusses Canada Goose's growth since going public, focusing on their strategy to expand direct-to-consumer sales through new store openings and ecommerce. The company is optimistic about the holiday season and future growth, despite challenges in department stores. They emphasize their commitment to Canadian manufacturing and are not overly concerned about trade negotiations like NAFTA. The introduction of new product lines, such as knitwear, is also highlighted as part of their strategy for profitability.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What milestone is Canada Goose celebrating this year?

50th anniversary

80th anniversary

60th anniversary

70th anniversary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Canada Goose's sales model changed in recent years?

From online to physical stores

From wholesale to direct-to-consumer

From retail to online only

From direct-to-consumer to wholesale

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Canada Goose's sales are now direct-to-consumer?

15%

28.5%

50%

40%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Canada Goose fund its growth and new initiatives?

By reducing manufacturing costs

Using cash flow and profitability

By taking loans

Through external investors

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Canada Goose's stance on the ongoing NAFTA trade negotiations?

They are planning to expand in the US

They plan to move manufacturing

They are not overly concerned

They are very concerned