Winter jacket maker Canada Goose prepares for IPO: Reuters
Canada Goose Inc, a maker of luxury winter down jackets, is interviewing banks to help prepare for an initial public offering (IPO) that could value the company at as much as US$2 billion, sources told Reuters. An IPO of Toronto-based Canada Goose would demonstrate the explosive growth the company has experienced, following its transition from selling jackets primarily to adventurers on expeditions to shoppers in more than 50 countries. Canada Goose sold a majority stake in 2013 to U.S. private equity firm Bain Capital for an undisclosed amount, to help meet its growth ambitions.
10 October 2016•1 min read
