Luxury parka maker Canada Goose Holdings Inc. slashed expected revenue growth for the year due to 'material negative impact' from the new coronavirus outbreak.
Garments on display at the Canada Goose Inc. showroom in Toronto on Nov. 28, 2013. Luxury parka maker Canada Goose Holdings Inc. slashed expected revenue growth for the year due to "material negative impact" from the new coronavirus outbreak.
Global travel disruptions have also affected retail stores in international shopping destinations in North America and Europe, the company said, adding there have not been supply chain interruptions. "However, the extent and duration of the disruptions remain uncertain and prolonged disruptions may also negatively impact future fiscal periods."
Coronavirus originated in Wuhan, China. In late January, the World Health Organization declared it a global health emergency.
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