![]() The financial terms of the private transaction were not disclosed.Ĭanada goose coats Mr. ![]() The Toronto-based, family-owned extreme-weather outerwear company announced Tuesday that it has agreed to sell a “majority stake” to Boston-based Bain. and we’ve chosen partners to whom it is also extremely important If I thought that it was going to change, I would not have done this deal.”Ĭanada goose womens Made in Canada is extremely important. “And I have no expectation that that’s going to change. Moncler “Made in Canada is extremely important, and extremely important to Canada Goose, and we’ve chosen partners to whom it is also extremely important to,” Mr. private equity firm’s notorious reputation for outsourcing. Reiss said.Ĭanada Goose president and chief executive Dani Reiss aren’t nervous about selling his quintessential Canadian-made outerwear company to Bain Capital, even with the U.S. “This is something I intend to do for a long time to come,” Mr. Reiss and the Canada Goose management team will continue to run the company, but Bain will have board representation. There’s a lot of runways left,” he said.Ĭanada goose coat Mr. “There’s a lot of places we can grow, there’s a lot of ways we can grow. It recently entered the Korean market, and it is targeting China, he said. Their focus is to expand the Canada Goose brand, extending its reach geographically, particularly to Asia. There’s a lot of runways leftĪn initial public offering for Canada Goose is not on the table, at this time, he added. “And that is a sentiment that did not exist until we proved it was possible.”Ĭanada goose mens There’s a lot of places we can grow, there’s a lot of ways we can grow. Reiss says continuing to make Canada Goose in Canada is key for Bain as well.Ĭanada goose parka “We have chosen partners who will make the right decision for the business, and the right decision for Canada Goose is to be made in Canada,” he said. Canada goose sale With a minority stake, he does not necessarily have the final word - but Mr.
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