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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Canada Goose Holdings Inc    GOOS   CA1350861060

CANADA GOOSE HOLDINGS INC

(GOOS)
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Canada Goose : Taps Apparel Industry Veteran to Lead Design & Merchandising Team

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08/12/2019 | 05:01am EDT

Canada Goose (NYSE/TSX: GOOS) today announced that Woody Blackford will join the company in Fall 2019 as the EVP, Design and Merchandising. Woody will oversee the global design and merchandising organization with a continued focus on category expansion and innovation. Lee Turlington, currently serving as Chief Product Officer, will be leaving the company at the end of the year to re-engage his long-standing consulting practice.

Originally from Canada, Woody has a 25+ year track record in apparel, footwear and accessories, most recently serving as the VP of Global Design & Innovation at Columbia Sportswear Company. An inventor at heart, he brings deep expertise in design leadership, product development, and technical innovation, and is recognized for his success in driving the global commercialization of new products and categories.

“As someone who’s deeply passionate about product performance, I’ve watched and admired Canada Goose for years as it continues to lead the performance luxury category, while staying true to its DNA as a function-first brand,” said Blackford. “With footwear and other category expansion opportunities on the horizon and a focus on innovation, I am thrilled to join the company and lead an already exceptional team.”

“Pushed far enough, function has become fashion. We are a function-first company built on authenticity – and that’s what Woody lives and breathes. I’m excited to have him leading our design and merchandising team as we continue to grow our existing categories, and grow into the whitespace we see ahead,” said Dani Reiss, President & CEO, Canada Goose.

“Over the last three years, Lee has successfully built a world-class design and merchandising organization and was responsible for our first non-outerwear category, with our launch of Knitwear. I am so grateful for the strong foundation he has established, and we wish him the best in his future adventures,” said Reiss.

About Canada Goose Inc.

Founded in a small warehouse in Toronto, Canada in 1957, Canada Goose has grown into one of the world’s leading makers of performance luxury apparel. Every collection is informed by the rugged demands of the Arctic and inspired by relentless innovation and uncompromised craftsmanship. From the coldest places on Earth to global fashion capitals, people are proud to wear Canada Goose products. Employing more than 4,000 people worldwide, Canada Goose is a recognized leader for its Made in Canada commitment, and is a long-time partner of Polar Bears International. Visit canadagoose.com for more information.


© Business Wire 2019
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Financials (CAD)
Sales 2020 1 052 M
EBIT 2020 265 M
Net income 2020 184 M
Debt 2020 35,6 M
Yield 2020 -
P/E ratio 2020 32,7x
P/E ratio 2021 25,9x
EV / Sales2020 5,84x
EV / Sales2021 4,68x
Capitalization 6 105 M
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 66,29  CAD
Last Close Price 55,74  CAD
Spread / Highest target 57,9%
Spread / Average Target 18,9%
Spread / Lowest Target -26,4%
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Managers
NameTitle
Dani Reiss Chairman, President & Chief Executive Officer
Jonathan Stuart Sinclair Chief Financial Officer & Executive Vice President
Jacob Pat Chief Information Officer
Ryan Cotton Director
Joshua Bekenstein Director
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