In Search of Higher Margins, Canada Goose to Make More of Its Own Luxury Coats

In Search of Higher Margins, Canada Goose to Make More of Its Own Luxury Coats
Workers make jackets at the Canada Goose factory in Toronto, Ontario, Canada, February 23, 2018. REUTERS/Mark Blinch
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Luxury coat maker Canada Goose plans to bring more manufacturing in-house in a bid to boost margins and help it live up to lofty investor expectations as the most expensive stock among major luxury brands.

The Toronto-based company aims to make at least half of its outerwear itself in a few years, up from about a third now, Chief Executive Officer Dani Reiss told Reuters in an interview at the company’s Toronto headquarters.