Canada Goose Holdings (NYSE:GOOS) launched a re-commerce platform known as Canada Goose Generations. The corporate goals to supply a licensed reselling platform that retains Canada Goose merchandise in circulation and provides them a “second, third and fourth lifetime.”
The curated assortment of classic items is claimed to pay homage to a long time of care and craft. Canada Goose (GOOS) plans to drop in gadgets from the model’s 65-year archive and refreshed merchandise from the previous. Shoppers can even be capable to commerce of their Canada Goose merchandise on-line at an internet site the place they are going to be assessed and authenticated. Compensation can be delivered by way of a Canada Goose present card, which can be utilized on-line and in shops throughout the U.S.
Canada Goose will launch the re-commerce platform within the U.S. and has plans to take it to Canada later within the yr.
Shares of Canada Goose (GOOS) rose 4.38% in late afternoon buying and selling on Tuesday.
Earnings are due out from Canada Goose on February 2. See the consensus estimates.