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.
Canada Goose, 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. Bain declined to comment.
Canada Goose, Goldman Sachs and the interested parties did not immediately respond to Reuters requests for comment.
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, and a consortium formed by Hong Kong-listed sportswear maker Anta Sports Products and private-equity firm FountainVest Capital, according to the report.
Canada Goose posted a bigger-than-expected quarterly loss in July, weighed down by higher retail expansion and promotional costs. While it withheld its fiscal 2026 forecast in May due to tariff uncertainty, the company has been partly shielded from such impacts as its domestically made products are exempt under the US-Mexico-Canada trade pact.
By Chandni Shah, Editor: Sumana Nandy, Janane Venkatraman
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