roots canada news and archive

Roots chief product officer Karuna Scheinfeld to step down

Karuna Scheinfeld, chief product officer of Roots Corporation will be stepping down at the end of 2024. The company said in a release that it does not intend to replace Scheinfeld; however, it has commenced a search for senior-level design talent with international experience in the outdoor and active sectors to support these fast growing areas...

Business

Roots Canada posts sales decline, loss widens

Canadian outdoor-lifestyle brand Roots' first quarter sales were 37.5 million Canadian dollars, representing a decrease of 9.7 percent. DTC sales were 31.4 million Canadian dollars, down 11.3 percent year-over-year. P&O sales including wholesale Roots branded products, licensing to select manufacturing partners and the sale of certain custom...

Business

Roots Q4 sales decline by 2.9 percent

Outdoor lifestyle brand Roots sales were 108.2 million Canadian dollars in the fourth quarter, down 2.9 percent. DTC sales of 97.8 million Canadian dollars were down 0.8 percent year-over-year. Total sales decreased 3.5 percent to 262.7 million Canadian dollars in FY2023 and DTC sales were 222.5 million Canadian dollars, down 3.8 percent. The...

People

Roots appoints interim chief financial officer

Canadian outdoor apparel and lifestyle retailer Roots has appointed current managing director at Searchlight Capital Partners, Meghan Roach, as the company’s interim chief financial officer, effective immediately. Roach will hold the role on an interim basis following the previously announced resignation of the company's chief financial officer,...