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Canada Goose Adds Chief HR Officer

Canada Goose hired Jess Johannson as chief human resources officer, overseeing its global teams within HR, including talent acquisition, employee experience, training, and global policy.

EXEC: Canada Goose Slashes Outlook On China Softening, Macro Concerns

Canada Goose Holdings, Inc. significantly cut its outlook for its fiscal year ending March 2023 as COVID-19 restrictions continue to slow the recovery in China and macroeconomic concerns mount. The downward adjustment comes despite Canada Goose reporting second-quarter results that handily topped analyst targets.

Canada Goose Appoints President, China

Canada Goose announced it had hired Larry Li as president, China, effective immediately. Most recently, LI was managing director, China at Dunhill, part of the Richemont Group.

EXEC: Canada Goose Not Seeing Demand Wane

Canada Goose reported revenues and bottom-line results surpassed its guidance in the first quarter ended July 3 profitability due to strength in North America. Dani Reiss, chairman and CEO, told analysts that demand for the high-end outerwear brand remained strong despite heightened macroeconomic pressures.

Canada Goose’s Q1 Tops Guidance

Canada Goose Holdings Inc. reported a wider loss in the first quarter ended July 3 due to the timing of marketing expenses while sales grew 24 percent on improving store productivity. Both the loss and sales topped guidance. Canada Goose maintained its guidance for the year.

Canada Goose Makes Two Key Executive Appointments

Canada Goose Holdings, Inc announced two key executive appointments with Carrie Baker as President, Canada Goose and Ana Mihaljevic assuming the dual role of president, North America and EVP, sales operations and planning.

Canada Goose Appoints Board Member

Canada Goose Holdings, Inc. has appointed Belinda Wong, chairman of Starbucks China and executive vice president, Starbucks, to its Board of Directors, effective immediately.

Canada Goose Announces Share Repurchase Program

Canada Goose Holdings, Inc. announced that the Ontario Securities Commission granted the company exemptive relief to allow the purchase of up to 10 percent of its public float of subordinate voting shares through the New York Stock Exchange and other U.S.-based trading systems.