Business Insider

Why Canada Goose is so expensive

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Canada Goose parkas have become synonymous with wealth, celebrity, and Hollywood, but the brand wasn't always the luxury label it is today. What started out as a little-known manufacturer of utilitarian outerwear went through decades of transformation and three generations of leadership before becoming a status symbol. Since taking over as CEO in 2001, Dani Reiss has leveraged the brand's reputation for quality to foster a cult following of folks who covet these coats. Here's how Canada Goose went from making jackets for its competitors to selling parkas that cost more than some used cars.

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