https://www.google.ca/amp/s/sec.the...ock-market-debut/article34319417/?service=amp
Interesting comment in the article from an analyst about the prospects for the Company's iconic $900 fur trimmed down jackets.
Interesting comment in the article from an analyst about the prospects for the Company's iconic $900 fur trimmed down jackets.
Avenue Investment Management portfolio manager Bryden Teich, who did not participate in the IPO, was cautious about the company’s growth prospects.
“It is a very niche product at the high end of the retail market, and the retail market is under pressure overall,” Teich said. “In light of an over-indebted Canadian consumer, a really tough retail environment, I have a hard time seeing how it becomes a big growth story.”