Canada Goose sells footwear brand Baffin to Royer

Canadian outerwear manufacturer Canada Goose Holdings Inc. (Canada Goose) has entered into a definitive agreement to sell Baffin, a Canadian performance footwear brand, to L.P. Royer Inc. (Royer). Royer is a Canadian manufacturer specializing in work and military footwear. The transaction is expected to close in August 2026, subject to customary closing conditions. Financial terms of the deal were not disclosed.