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Roots reports $12.3-million profit even as COVID-19 pandemic hampers sales; shares rise TORONTO Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Christinne Muschi/Christinne Muschi/The Globe and Roots Corp. reported a handsome profit in its last quarter as strong online sales and demand for its upscale comfort wear offset the impact of pandemic-related store closures and a dip in overall sales...

The company, known for its premium branded sweats and leather goods, recorded a 60 per cent increase in e-commerce sales in the quarter. "We're seeing some good shifts in the marketplace from a casualization perspective that plays into our strengths," Roots chief executive Meghan Roach said during a conference call. "We are a business that has offered these things for quite a long period of time and our proprietary products have made us successful for that reason." The company recently launched a retro collection, which features the brand's athletic logo from the late 1980s and is marketed w...

TORONTO - Roots Corp. reported a handsome profit in its last quarter as strong online sales and demand for its upscale comfort wear offset the impact of pandemic-related store closures and a dip in overall sales. The storefront of a Roots location in Toronto is pictured on Thursday, September 14, 2017. THE CANADIAN PRESS/Chris Young TORONTO - Roots Corp. reported a handsome profit in its last quarter as strong online sales and demand for its upscale comfort wear offset the impact of pandemic-related store closures and a dip in overall sales. The outdoor lifestyle retailer said Thursday it ...

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