It’s the third Canadian company in the past 6 months with a hot consumer product heading to public markets.
Canada Goose filed for the IPO on exchanges in both Canada and the United States.
The big story for the Toronto-based parka maker has certainly been their growth in the U.S.
Between 2014 and 2016, sales south of the border have grown by more than 200 per cent.
Last year, sales stateside were $103.4 million versus $95.2 million in Canada and $92.2 million in the rest of the world.
For Canada Goose and its future success, it really is an international story, especially now that the U.S. is its biggest market.
The opportunities are illustrated with only 16 per cent brand awareness in that country, versus 76 per cent in Canada.
Now all you need is someone with $800 for a coat, and not adverse to wearing a coyote.