(Reuters) -Canada Goose’s (GOOS) controlling shareholder Bain Capital has acquired bids to take the luxurious items maker personal at a valuation of about $1.4 billion, CNBC reported late on Tuesday, citing folks conversant in the matter.
Private fairness agency Bain, which acquired a majority stake in Canada Goose in 2013, is seeking to offload its holding and Goldman Sachs (GS) is advising on the sale, although the ultimate choice is on maintain until extra provides roll in, the report mentioned.
U.S.-listed shares of Canada Goose had been up greater than 6% in premarket buying and selling on Wednesday, after having risen about 21% for the 12 months thus far. The firm is valued at $1.18 billion, in line with LSEG information.
CNBC mentioned personal fairness companies Advent International and Boyu Capital have made verbal provides to purchase Canada Goose, an organization greatest identified for its luxurious parkas that has diversified into eyewear, rainwear and summer-ready collections.
Other potential consumers embody Shanghai-based attire producer Bosideng International, and a consortium fashioned by Hong Kong-listed sportswear maker Anta Sports Products and private-equity agency FountainVest Capital, in line with the report.
Canada Goose, Goldman Sachs and the events didn’t instantly reply to Reuters requests for remark, whereas Bain declined to remark.
The firm posted a bigger-than-expected quarterly loss in July, weighed down by greater prices related to retail growth and promotions.
While it withheld its fiscal 2026 forecast in May as a consequence of tariff uncertainty, the corporate has been partly shielded from such impacts as 75% of its merchandise are made domestically and are exempt beneath the U.S.-Mexico-Canada commerce pact.
(Reporting by Chandni Shah in Bengaluru; Editing by Sumana Nandy, Janane Venkatraman and Devika Syamnath)