Canada Goose Falls on Report it Revised ‘Ethical’ Claims
- The retailer’s shares were down as much as 7.4% on Thursday
- NY Post said company pulled down video, claims from website
An employee checks a finished jacket with a fur collar at the new Canada Goose Inc. manufacturing facility in Montreal.
Photographer: Christinne Muschi/BloombergThis article is for subscribers only.
Canada Goose Holdings Inc. fell 4.7% on a report that it backed off claims of ethical treatment of animals used to make winter clothing following a regulatory review of its marketing.
The New York Post earlier reported that the Toronto-based company no longer claimed on its website that it sources coyote fur from animals in overpopulated areas, and had removed a video showing where it gets the down for its parkas. Canada Goose denied it made changes to its website in response to the regulatory review.