The Toronto-based down-jacket maker said overall revenue dipped five percent year-over-year to $268 million, although it was still better than what analysts expected.  One bright spot was China, where sales rose 5.7 per cent. (The Logic)

Talking point: Canada Goose revised its outlook for the remainder of the year to reflect that revenue growth could continue to decrease in the low-single-digits—compared to an August outlook, when it expected revenue to rise. Its direct-to-consumer segment performed weaker than expected, amid a “challenging macroenvironment that affected consumer sentiment,” CEO Dani Reiss, Chairman and CEO said in a statement. North America’s luxury market is facing dwindling consumer demand, according to consultancy Bain, especially in Canada where cash-strapped consumers have been hit by high interest rates. Canada Goose is instead redoubling efforts in Asia, where it recently opened a new store in Tokyo and went live on Chinese shopping platform Douyin.