Revenue of Canada Goose 2015-2020
The revenue of Canada Goose reached approximately 958 million Canadian dollars in the 2020 fiscal year. Canada Goose, originally known as Metro Sportswear Ltd., is a Canadian owned apparel company focusing on the production and sale of winter clothing. The company has offices in a number of locations to cater for North American, European and Asian operations.
Revenue streams
In the 2020 fiscal year, a bulk of Canada Goose’s revenue came from their Canadian operations. Outside of Canada and the United States, revenue amounted to approximately 386 million Canadian dollars. Over the past few years, Canada Goose has increased their revenue through direct-to-consumer sales by increasing their number of stores. Whilst the majority of their revenue still comes from wholesale sales, direct-to-consumer sales are catching up.
Canadian luxury apparel market
Canada Goose uses high quality Canadian Hutterite down in their jackets. This material pushes their prices up and gives the brand its luxury status. Annual luxury apparel sales are expected to reach approximately 2.68 billion Canadian dollars by 2021 in Canada. E-commerce sales are projected to make up around 205 million Canadian dollars of this revenue.
Revenue streams
In the 2020 fiscal year, a bulk of Canada Goose’s revenue came from their Canadian operations. Outside of Canada and the United States, revenue amounted to approximately 386 million Canadian dollars. Over the past few years, Canada Goose has increased their revenue through direct-to-consumer sales by increasing their number of stores. Whilst the majority of their revenue still comes from wholesale sales, direct-to-consumer sales are catching up.
Canadian luxury apparel market
Canada Goose uses high quality Canadian Hutterite down in their jackets. This material pushes their prices up and gives the brand its luxury status. Annual luxury apparel sales are expected to reach approximately 2.68 billion Canadian dollars by 2021 in Canada. E-commerce sales are projected to make up around 205 million Canadian dollars of this revenue.
