Mt69sinai
7 years ago
Ok this is starting to get OLD,,,,
GOOS UP +$7.67/+9.83% with a pps of $85.68!!!!!!!!!
What could happen tomorrow ??
$90+ No surprise
$100+ No surprise either,,, coming next 6-8 weeks imo
Glta and congrats longs!!!!!!
$$$$$GOOS$$$$$
Mt69sinai
7 years ago
Wowwwwwwwwwwwwzers!!!!
Just returned home from The Wynn Las Vegas on Friday late nite,,, had a nice toast on the way back to Mccaraan airport in the Limo and raised a glass for everyone on this board,,,,UNBELIEVABLE!!! I thought I was still extremely intoxicated(mayb a bit) when I saw the $75+ Gappa!,,, unreal for Goose to hit over $81+ during power hour I would never have dreamed in my life...with great Earnings maybe 5-7+ UP but $18!!! What a great way to end a Vegas trip!
I believe we will continue to flourish in the $80sss for some time,,, this is turning into a Luis Vuitton stock!
Best of luck to all and continued success and great health in future!
Mt69
$$$$$GOOS$$$$$
Mt69sinai
7 years ago
Canada Goose Announces Strategy for Long-Term Growth in Greater China
05/31/18
Opening Regional Head Office in Shanghai, First Two Retail Stores in Beijing and Hong Kong, and Launching e-Commerce
TORONTO--(BUSINESS WIRE)-- Canada Goose (NYSE:GOOS, TSX:GOOS) today announced its expansion plans for Greater China, including establishing a regional head office in Shanghai and appointing Scott Cameron as President, Greater China. To meet growing consumer demand, Canada Goose will also launch its direct-to-consumer business including opening two retail stores โ in Beijing and Hong Kong โ with operating partner ImagineX Group, and e-commerce operations via Alibaba Groupโs Tmall, Chinaโs largest consumer platform for brands and retailers, in fall 2018.
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โAs the worldโs largest luxury market, the opportunity for Canada Goose in China is massive. We have already seen exceptional demand from Chinese consumers โ locally and internationally โ for years, and we are excited to bring our authentic and immersive retail and e-commerce experience directly to our fans there,โ said Dani Reiss, President & Chief Executive Officer. โWe are making significant investments and putting the right people and partners in place now, to drive long-term brand affinity and a sustainable business for years to come.โ
Establishing a Foundation for Success, Expands Operational Footprint
To grow national market development efforts, Canada Goose has appointed Scott Cameron to President, Greater China and will open a regional head office in Shanghai, which will be home to a cross-functional business unit, with local expertise and capabilities in marketing and commercial operations.
Scott previously served as EVP, eCommerce, Stores and Strategy where he was responsible for all operational elements of the Canada Goose direct-to-consumer business, and led the Strategy team. Under his leadership, the company successfully established and grew its direct-to-consumer channels globally, including the launch of the companyโs first six retail stores and opening e-commerce in 9 new markets. Scott joined Canada Goose from McKinsey & Co., where he was a principal focused on luxury and apparel retail brands.
Bringing the Canadian Arctic to Asia, Launches DTC Channel
With strategic wholesale distribution partners in the market, Canada Goose has seen positive local demand for its authentic heritage, premium craftsmanship, and timeless, function-first designs for a number of years. To build on that and enable consumers to experience the brandโs full assortment, Canada Goose will open a flagship store in Beijing in the prestigious Taikoo Li Sanlitun North Mall. The company will also open a store in ifc mall, a world-class business and leisure destination in Hong Kong. Both stores will open in fall 2018.
With premier locations, curated store assortments and high touch personal service, the stores will serve as gathering places for fans to explore the companyโs rich heritage and discover the latest collections through the brandโs unique and unfiltered lens. Canada Goose has selected ImagineX, a retail brand management and distribution company that is part of The Lane Crawford Joyce Group โ Asiaโs pre-eminent luxury lifestyle group specializing in fashion retail, brand management and distribution, to support the operational buildout of its retail presence. ImagineX will be responsible for staffing world-class retail brand ambassadors and managing day-to-day retail operations.
Building on the successes and learnings of its cross-border e-commerce pilot project in China, Canada Goose will transition its online Chinese distribution to a flagship store in the luxury pavilion of Alibaba Groupโs Tmall platform, in fall 2018.
The Company intends to provide additional details regarding these initiatives and investments when it releases fourth quarter and fiscal year results.