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Earnings roundup: Ecommerce is a bright spot for luxury apparel retailers

Canada Goose Luxury winter outerwear brand Canada Goose’s revenue declined 63.2% to $26.1 million in its fiscal Q1 ended June 28, down from $71.1 million in Q1 2019. The Canadian-based brand’s direct-to-consumer business, which includes its ecommerce operations and 22 stores, declined 70.1% to $10.4 million in the first quarter largely due to temporary store […]

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