Canada Goose (GOOS) Provides Update on Arbitration Proceedings

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Go back to Canada Goose (GOOS) Provides Update on Arbitration Proceedings

Canada Goose Provides Update on Arbitration Proceedings

June 4, 2025 5:00 PM EDT

TORONTO--(BUSINESS WIRE)-- Canada Goose Holdings Inc. (NYSE:GOOS, TSX: GOOS) announced today that an arbitrator has awarded financial compensation to a former vendor in connection with a previously announced commercial dispute. The case relates to the termination of a contract in 2021, and the award communicated today has resulted in a one-time financial charge of approximately $30 million USD.

Canada Goose disagrees with the legal basis for this award and is assessing available options.

This judgment is not related to current vendor relationships or ongoing business operations. Canada Goose maintains strong... More