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Canada Goose parkas have become synonymous with wealth, celebrity, and Hollywood, but the brand wasn’t always the luxury label it is today. What started out as a little-known manufacturer of utilitarian outerwear went through decades of transformation and three generations of leadership before becoming a status symbol. Since taking over as CEO in 2001, Dani Reiss has leveraged the brand’s reputation for quality to foster a cult following of folks who covet these coats. Here’s how Canada Goose went from making jackets for its competitors to selling parkas that cost more than some used cars. Editor's Note: At 1:17, we incorrectly show a picture of David Reiss when referring to Sam Tick. At 17:32, we say "this year" when the data comes from fiscal year 2024. ------------------------------------------------------ #canadagoose #luxury #businessinsider Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: / businessinsider Business Insider on Instagram: / businessinsider Business Insider on Twitter: / businessinsider Business Insider on Snapchat: / 5319643143 Business Insider on TikTok: / businessinsider How Canada Goose Went From Polar Necessity To High-Fashion Luxury | So Expensive | Business Insider