Weekend Briefing: The resilience of luxury outerwear brands

Last week, luxury outerwear brands showed more resilience than the rest of the luxury sector. Don’t forget to subscribe to the Glossy Podcast for interviews with fashion industry leaders and Week in Review episodes, and the Glossy Beauty Podcast for interviews from the beauty industry. –Danny Parisi, sr. fashion reporter

Movement at luxury outerwear brands

It was a good week for luxury outerwear brands.

Despite the continued slowdown in its U.S. sales that has put a damper on recent Canada Goose earnings, the brand’s most recent report found that Asia-Pacific is more than making up for any North American losses. Canada Goose sales in Asia-Pacific surged 62% year-over-year in the quarter ending December 31, reported on Thursday. That was primarily driven by strong sales from Singles’ Day, which is celebrated in China on November 11. That made up for the 14% fall from the U.S., still a concerning trend but softened by the success Canada Goose has seen elsewhere.

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