TORONTO (Reuters) – Canada Goose Inc, a maker of luxury winter down jackets, expects double-digit sales growth going forward and is forecasting revenue this year to be well over C$200 million ($176.76 million), its chief executive officer said on Wednesday.
The Toronto-based manufacturer, which started in a small warehouse in 1957, has grown to about 1,000 workers and is known for its high-end coats, now sold in more than 50 countries.
TORONTO, Oct 6 (Reuters) – Air Canada has reached a
tentative agreement on a new 10-year contract with its pilots’
union, 1-1/2 years ahead of the expiration of the current
contract at Canada’s largest airline.
The Montreal-based carrier said on Monday the new deal,
which is subject to ratification by about 3,000 pilots, will
allow it to accelerate its growth plans. Air Canada has been
pushing expansion of its international flights and of Rouge, its
low-cost vacation carrier.
TORONTO (Reuters) – Max Irons may come from an illustrious acting family and has already had a taste of Hollywood, but he is very conscious of the empty and fleeting nature of fame and fortune.
That awareness helped the British actor with his gritty role in new film “The Riot Club,” out now in UK theaters. The film explores the violent excesses of an elite university society, inspired in part by Oxford University’s Bullingdon Club.
TORONTO/CHICAGO, Sept 25 (Reuters) – The turnaround
specialist who had signed on to run Sears Holdings Corp’s
Canadian business is resigning for personal reasons,
the struggling U.S. retailer said on Thursday, the same day a
major shareholder said it was no longer interested in
contributing to a loan.
Chief Executive Officer Douglas Campbell will resign by the
end of 2014 to tend to family matters, said Sears Canada, which
is majority owned by Sears Holdings. Campbell had taken the helm
of the unit just a year earlier.
TORONTO/CHICAGO, Sept 25 (Reuters) – Department store chain
Sears Canada Inc, which has had six consecutive years
of declining revenue, said on Thursday that Chief Executive
Douglas Campbell will resign by the end of this year so that he
can tend to family matters.
Sears Canada, which is majority-owned by Sears Holdings Corp
, is facing intense competition and has seen its market
share erode for years.
TORONTO (Reuters) – It has been more than 25 years since a young Ethan Hawke stepped on his desk to salute his teacher, portrayed by Robin Williams, in “Dead Poets Society.”
Hawke, 43, has taken on some 50 roles since and this year received his third Oscar nod for best adapted screenplay for “Before Midnight,” shared with Richard Linklater and Julie Delpy.
TORONTO (Reuters) – McDonald’s Corp (MCD.N: Quote, Profile, Research, Stock Buzz) is making its McCafe ground coffee available in Canadian grocery stores this month, the fast-food giant said on Tuesday, part of its broader campaign to win market share in a country long dominated by rivals like Tim Hortons Inc (THI.TO: Quote, Profile, Research, Stock Buzz) and Starbucks Corp (SBUX.O: Quote, Profile, Research, Stock Buzz).
The competition to woo Canadian coffee drinkers has intensified in recent years, while rivals have pushed into McDonald’s territory by expanding their own breakfast and lunch menus in order to attract new customers and drive up spending per visit.
TORONTO (Reuters) – From dramas about mentors and their apprentices, to imaginative musicals, biopics, and documentaries, music underpinned an eclectic swathe of movies appearing at this year’s Toronto International Film Festival.
These ranged from high profile galas like Francois Girard’s ‘Boychoir’ and the Canadian premiere of Sundance favorite ‘Whiplash’ to Ethan Hawke’s intimate and well received study of a former concert pianist.
TORONTO (Reuters) – The interview was supposed to start, but pianist Seymour Bernstein was not quite ready. He held up his iPad to take one more picture of actor-director Ethan Hawke before he was satisfied.
“I think that captures the part of you that I’m very fond of: unassuming and full of affection,” Bernstein told Hawke, showing him the photo.
TORONTO (Reuters) – A jump in online sales helped yogawear chain Lululemon Athletica Inc report a higher-than-expected quarterly profit and increase its full-year earnings forecast on Thursday, sending its stock higher and reversing some damage from a high-profile recall last year.
Shares of the one-time investor darling jumped 14 percent in pre-market trading. Prior to the latest move, its shares had fallen more than 40 percent in the last 18 months following an embarrassing recall of yoga pants deemed too see-through.