Several Canada Goose peers, including Versace, Michael Kors and Gucci, have recently decided to go fur-free, while apparel makers Nike Inc and Gap are looking to make their products more sustainable to cater to eco-conscious shoppers.

Canada Goose, known for its $1,000 parkas, will also stop buying fur by the end of this year. It had in 2020 unveiled plans to introduce reclaimed fur into its supply chain.

The company has long drawn criticism from animal welfare organizations such as the People for Ethical Treatment of Animals (PETA), which has called it a symbol that "represents anything but warmth," as its winter parkas have their hoods lined with fur trim.

Canada Goose's website, however, says it still uses natural down in jackets, even as PETA alleges the down industry uses painful methods to kill geese for making jackets.

(Reporting by Praveen Paramasivam in Bengaluru; Editing by Sriraj Kalluvila)