08:57:19 EDT Mon 24 Aug 2026
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or Name
USA
CA



Roots Corp
Symbol ROOT
Shares Issued 39,197,165
Close 2026-08-21 C$ 4.06
Market Cap C$ 159,140,490
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Globe/CP say brand manager wants to take Roots global

2026-08-24 06:14 ET - In the News

The Globe and Mail reports in its Saturday edition that the New York brand manager that has signed an agreement to buy Roots wants to take the storied Canadian company and export it to the rest of the world. A Canadian Press dispatch to The Globe says if the proposed deal goes through, Marquee Brands, the firm behind Martha Stewart, Laura Ashley and Roberto Cavalli, says growth will be a top priority. Chief executive officer Heath Golden said Friday that he envisions his company bringing Roots to big markets such as Korea, India and Mexico and expanding the small presence it already has in the United States and China. "Many of our partners around the world want to be a part of bringing Roots into different markets," he told CP. "So we think the sky is the limit for this brand." Roots has more than 100 corporate-owned stores in Canada but just two in the U.S., where it has been working to expand. A partner operates another 100 shops in Asia and the brand also has a presence on Tmall, Alibaba Group's Chinese platform. Mr. Golden said, "It is loved in its home market and it is loved around the world, so nothing here is broken. This is really about just continuing to build it out." Marquee is buying Roots at $4.10 a share.

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