The Golden Goose: How Dani Reiss Became A Billionaire Turning Canada Goose Into A Luxury Brand Powerhouse

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The Golden Goose: How Dani Reiss Became A Billionaire Turning Canada Goose Into A Luxury Brand Powerhouse
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E-commerce and the 11 company-owned stores in cities like Boston, London and Tokyo now account for 43% of Canada Goose's revenue, up from 11% in 2016

On a snowy, blustery day in Toronto,

“We had gathered a cult following in the coldest places on Earth,” Reiss says, plucking bits of down from his blue-and-black-checkered sports coat. “But we were selling to a really small population.” With Dani’s father at the helm, the company started selling gear under its own Snow Goose brand, but the bulk of its revenue came from making coats for catalog retailers like L.L. Bean, Eddie Bauer and Lands' End. The coats were warm but had a boxy, utilitarian appearance, and young Dani refused to wear them.

After immigrating from Poland, Sam Tick started Metro Sportswear in Toronto and began making wool vests, raincoats and snowsuits.Their devotion to his coats gave Reiss an idea. It was the late 1990s and there was a rapid rise of brands like Dr. Martens and Juicy Couture, otherwise-ordinary items that had developed cult followings willing to pay premium ­prices.

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