Investing.com -- Goldman Sachs downgraded Canada Goose to Sell from Neutral on Monday, citing challenges in the competitive landscape and concerns over slowing brand momentum. The firm highlighted ...
This caused Canada Goose to delay the opening of its flagship store in Beijing. While sales growth was still strong in fiscal 2019 (March year-end), with "annual revenue increasing by 28.2% in ...
reflecting inefficient store operations and bloated inventories. The need to offload excess stock through promotional events has further pressured margins, eroding Canada Goose’s premium image.
Goldman Sachs downgraded Canada Goose to “Sell” from “Neutral,” citing challenges in the competitive landscape and concerns over slowing brand momentum and luxury spending overall. “We see a less ...