Canada goose provides update on arbitration proceedings

Toronto--(business wire)--canada goose holdings inc. (nyse:goos, tsx:goos) announced today that an arbitrator has awarded financial compensation to a former vendor in connection with a previously announced commercial dispute. the case relates to the termination of a contract in 2021, and the award communicated today has resulted in a one-time financial charge of approximately $30 million usd. canada goose disagrees with the legal basis for this award and is assessing available options. this jud.
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