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EXEC: Canada Goose Divests Baffin Boot Business to Canadian Manufacturer
['Sgb Executive']
SGB Media Online
Canada Goose Holdings, Inc., entered into an agreement to sell Canadian footwear brand Baffin Ltd. to L.P. Royer, Inc., a Canadian manufacturer of work and military footwear.
Dani Reiss, Chairman & CEO, Canada Goose, said, “This transaction is about focus.
Paul Hubner has done a fantastic job building Baffin into the strong Canadian brand it is today.
Canada Goose said, “That evolution reflects Canada Goose’s long-term commitment to footwear and its vision of building a broader lifestyle offering.
The transaction allows for even greater focus and investment behind the Canada Goose brand across categories, seasons and markets.”