Canada Goose Holdings Inc.’s stock GOOS rose 2.8% premarket Tuesday, after the maker of luxury outerwear said it’s acquired it’s first manufacturing facility in Europe. The plant called Paola Confectii is based in Romania and has been a partner in making luxury knitwear for Canada Goose since its launch in 2017. The plan already makes best-selling products such as the HyBridge Knit Jacket, said Canada Goose. Knitwear is one of the company’s leading segments in its apparel category and exceeded $70 million in annual sales in fiscal 2023. “Our core down-filled products will continue to be proudly made in Canada, while apparel…
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