Canada Goose Placing Bets on China

Toronto-headquartered Canada Goose Holdings is expediting its push into China with the launch of retail stores and an e-commerce site this fall, The Globe and Mail reported today. The Globe’s Marina Strauss wrote that it is joining with China-based Alibaba Group and another Asian retailer to roll out its first flagship stores in Beijing and Hong Kong. Canada Goose has been testing an e-commerce site, called CanadaGoose.cn, in China with a limited array of its offerings after having sold its products at other retailers in the country for about five years. The company operates six factories in Canada and produces insulated coats that retail for $1,000 domestically, and even more in China.

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