Canada Goose Bullish on Consumer Demand
Officials at GOOS are optimistic their FY 2023 will play out the same as every past recession—save for the first year of Covid-19—with the P&L free of red ink as its luxury consumer base remains insulated from market headwinds. The company sees its North American consumer remaining very healthy in ’23, with demand in Asia strong but sales damped by pockets of lockdown flair ups, it told the Goldman Sachs Global Retailing Conference. EMEA is now the principal concern with the ongoing Ukrainian war, looming energy crisis and inflation.
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