Luxury apparel brand to celebrate its IPO with market close ceremony
TORONTO, March 16, 2017 /CNW/ - Toronto Stock Exchange (TSX) today announced Canada Goose, a leading maker of Arctic luxury apparel, began trading on TSX this morning under the symbolTSX:GOOS. Canada Goose is the largest retail IPO year-to-date 2017 on TSX.
"TSX is extremely proud to welcome Canada Goose to the market. Made in Canada and an iconic global brand, TSX is pleased to support the company as they enter their next phase of growth," said Ungad Chadda, President, Capital Formation, Equity Capital Markets, TMX Group. "At TMX, we love seeing great Canadian companies create global consumer brands - and our role is to help them access the capital and liquidity they require to execute their strategies and drive their future success. We congratulate Canada Goose on their IPO and global leadership position."
To celebrate the listing, Dani Reiss, President & CEO, Canada Goose, will join Mr. Chadda to close the market today at 4:00 p.m. ET.
Founded in a small warehouse in Toronto, Canada 60 years ago, Canada Goose has grown into a global outerwear brand. Canada Goose is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. The Company's jackets are sold in 36 countries around the world, including in two owned retail stores and four e-commerce stores.
TSX and TSX Venture Exchange are home to 126 consumer products and services issuers with a combined market capitalization of approximately $302 billion, as of January 31, 2017.
For Market Closes: Media may pick up a feed from the TOC (television operations centre) for all market close ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market close ceremony at approximately 3:57 p.m. ET and the markets will close with the sound of a siren (the traditional market close on Toronto Stock Exchange) at 4:00 p.m. ET.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing and Singapore. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
This news release is not, and should not be construed as, an invitation to purchase securities listed on TSX. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Listing on TSX does not guarantee the future performance of a security. Please seek professional advice to evaluate specific securities.
SOURCE Toronto Stock Exchange
For further information: Catherine Kee, Manager, Corporate Communications, TMX Group, 416-814-8834, [email protected]