Aug 26 (Reuters) - Canada Goose's
controlling shareholder Bain Capital has received bids to take
the luxury goods maker private at a valuation of about $1.4
billion, CNBC reported on Tuesday, citing people familiar with
the matter.
Private equity firm Bain, which acquired Canada Goose in
2013, is looking to offload its holding, with Goldman Sachs
advising on the sale, the report said.
However, it is holding off on a decision until more offers
roll in.
The company, which is listed in both Toronto and New York,
is valued at $1.18 billion, according to LSEG data.
Reuters could not immediately verify the report. Canada
Goose, Bain Capital, Goldman Sachs and the interested parties
did not immediately respond to Reuters requests for comment.
Global dealmaking has reached $2.6 trillion, the highest for
the first seven months of the year since the 2021 pandemic-era
peak, as a quest for growth in corporate boardrooms. Private
equity, which had been sitting on the sidelines, has once again
been active.
CNBC said private equity firms Advent International and Boyu
Capital have made verbal offers to acquire Canada Goose, a
company best known for its parkas but which also produces
bombers, lightweight jackets, eyewear, rainwear, and
accessories.
Other prospective buyers include Shanghai-based apparel
manufacturer Bosideng International ( BSDGF ), and a consortium
formed by Hong Kong-listed sportswear maker Anta Sports Products ( ANPDF )
and private-equity firm FountainVest Capital,
according to the report.
Canada Goose posted a bigger-than-expected quarterly loss in
July, hit by higher costs from efforts to expand its retail
presence and promotional campaigns.
It had withheld its fiscal 2026 forecast in May due to
tariff uncertainty. But unlike the broader retail sector, it has
been able to partly shield itself from tariff impacts, thanks to
its domestically made products being exempt under the
U.S.-Mexico-Canada trade pact.