Edward Hume Kernaghan, a 10% Holder, acquired 90,500 Common Shares on an indirect ownership basis for registered holder KERNWOOD LTD at prices ranging from $2.390 to $2.560 between December 16th, 2022 and December 20th, 2022. This represents a $224,217 investment into the company's shares and an account share holdings change of 2.1%.
Roots is in the Apparel & Accessories Retailers Sub Industry Group under the Consumer Cyclicals Sector.
Roots Corporation is an outdoor-lifestyle brand company. The Company designs, markets, and sells a range of selection of products in different departments, including women's men's, children's, and gender-free apparel, leather goods, footwear, and accessories. It operates through two segments: Direct-to-Consumer and Partners and Other. The Direct-to-Consumer segment comprises of sales through corporate retail stores and the Company's e-commerce Website www.roots.com. The Partners and Other segment consists primarily of the wholesale of Roots-branded products to its international operating partner. It also includes the Company's sales from its Roots-branded storefront on business-to-consumer marketplace Website Tmall.com in China, the wholesale of Roots-branded products to select retail partners, and the sale of custom Roots-branded products to select business clients. The Company has over 100 corporate retail stores in Canada. It serves over 55 international markets.
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