Robert Ohmes: Any thoughts on changes in distribution strategy, maybe opening up more with Amazon as an example.
Dani Reiss: No. In fact, we don’t. There’s a time when we sold through Amazon many years ago. We decided to stop doing that and the decision turned out to be the right one for us and helped accelerate our own online business at the time. So, we feel that we have the right alchemy of partners and we’re going to stick with them.
Carrie Baker: I think just jump in on that, bridge – to add some color on. The whole stay with the same strategy, we may add some doors. We’re not looking to add volume of doors, but strategic accounts, influencer accounts. Of course, those change year after year, season after season. Are they meeting a different customer that we want to reach? So those are where we think about adding. Generally, as you’ve heard us talk about, it’s streamlining wholesale to make sure that we’re doing better business, bigger business with the right partners that treat the brand right, understand that it’s a full price brand, full price proposition. So, nothing on that front has changed, but I just wanted to clarify who we would add with – we did.
Jonathan Sinclair: Otherwise it has to be brand accretive. And that’s our guiding light. And ultimately, that’s why we lean further into DTC in this journey.
Operator: Our next question comes from Jonathan Komp from Baird.
Jonathan Komp: Jonathan, congrats on the new role. I want to ask just about that transition. And I know it will take some time to occur. But could you just maybe elaborate more on the reasons for the leadership change in the Asia-Pacific region? And then, maybe more near term, if you could just talk a little bit more about – separate of the easy comparisons in China, the next few months, what your sense of the recovery for the Chinese consumer and how that’s faring versus your expectations?
Dani Reiss: It’s Dani. I’ll start with a high level commentary on the management changes and leadership changes, which I’m very excited about. So, Jonathan moving to APAC, obviously Jonathan has got a tremendous knowledge of our business over the years, and that goes without saying. And he’s also got tremendous knowledge of the Asian market from this business and past businesses. He’s been involved, in that region, great knowledge of the retail landscape and storage agencies, and was a key also in negotiating our JV agreement with Japan. So, Jonathan’s perfectly suited for that role and gives me someone – another person that I trust deeply in that region. And that’s very important. With regards to Neil, Neil has been working with candidates for a long time now.
Knows our business and our brand intimately, is a protector of it, and has been – we’ve been molding him and building him up for this role. And he’s ready to take it on. It’s very exciting for us and for him that we’ve reached this moment. So, it’s an exciting future.
Jonathan Sinclair: To answer your question about Mainland China, I think that you’ll recall what was happening a year ago. I think Golden Week has been an interesting time this year. It’s not been the sort of peak that we’ve experienced, certainly pre-COVID and years prior. But as we look forward, we’re going to be open in November, we’re going to open in December, and these are critical months. As important as October is, November is way more important, December way more important again. And we’re looking forward to full trading in all of our stores. We’ve got all of the right inventory well staged around the region. And we believe we’re well positioned to take advantage of the consumer demand, and particularly as the cooler temperatures settle in, which is probably only just beginning to happen. Both in China and Shanghai, it’s still very warm.
