Canadian National Leisure Brands Will Officially Land On The Toronto Stock Exchange.

According to the world clothing shoes and hat net, R Canadian national leisure brand oots Corp. (ROOT), which will submit the listing documents in mid September, will be officially listed on the Toronto stock exchange in the middle of this month.

The investment bank is not optimistic about the listing of Roots Corp., Norman Levine Levine, general manager of Portfolio Management Corp., said it was well known for its listing.

Brand Canada Goose Holdings Inc. (TSE:GOOS; NYSE:GOOS): Canada geese are different, while the latter are listed in the United States, while American stocks are relatively loose in pricing. On the contrary, the Canadian stock market offers less public investment opportunities because of fair pricing.

David Cockfield, general manager of Northland Wealth Management, said that the listing of Roots Corp. may be implicated in the weak retail market. He said the company had a wait and see attitude toward the listing of Roots Corp..

In addition, the composite growth rate of Roots Corp. in 2014-2016 years is 14%, which is also lower than that of Canada Goose Holdings Inc., Canada goose and the latest listed service company Aritzia Inc. (ATZ.TO) over the same period 20%.

Roots Corp. is currently the main market for the North American market, operates 120 stores, and operates 130 stores in mainland China and Taiwan through the agent, Hongkong's Feng Shi group.

The IPO, the company is undoubtedly to raise funds to further expand the two major markets.

It is reported that Roots Corp. hopes to add 25 stores in the Greater China market, while developing new Asian emerging markets such as Singapore and Malaysia.

In 2016, Roots Corp. revenue increased by 281 million 900 thousand Canadian dollars, an increase of 10% over the same period last year, but net profit fell from $16 million 500 thousand to $8 million 100 thousand.

Founded in 1973 by Michael Budman and Don Green, the brand of Roots was founded in the early days of its founding.

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In 2015, two people sold the controlling rights to private equity Searchlight Capital Partners.

Roots Corp., who invested in the 2002 Winter Olympics in Salt Lake City, has won a reputation in the North American market for the American delegation's sponsorship of clothing. The company has also been a sponsorship brand of the Canadian Olympic delegation.

The company said that despite the limited investment in marketing, the US electricity supplier business is booming, and footwear and leather goods business will broaden the company's revenue source.

Two years ago, this headquarter was located

The company agreed to sell the majority stake to Searchlight Capital Partners, a private equity firms based in New York.

Founded in 1973 by Michael Budman and Don Green, it originated in a small shop in Toronto.

It now has more than 200 retail outlets in Canada. According to its website, the mainland and Taiwan sell products from sportswear and handbags to household products.

More attention should be paid to the world clothing shoes and hats net.