Group 1 - Bain Capital is considering selling its stake in Canada Goose, with a privatization offer valued at approximately $1.35 billion received [1] - The stock price of Canada Goose has increased by over 16% following the news of the potential sale [1] - Multiple private equity firms and apparel companies have expressed interest in acquiring Canada Goose, including Chinese brand Bosideng and a consortium led by Anta Group [1] Group 2 - Canada Goose's revenue growth has slowed down, with a projected increase of only 1.09% to CAD 1.348 billion for the fiscal year ending March 30, 2025 [2] - Revenue growth rates for Canada Goose from fiscal years 2022 to 2025 were 21.54%, 10.8%, 9.6%, and 1.09% respectively, indicating a downward trend [2] - In the first quarter of fiscal year 2026, Canada Goose reported a revenue increase of 22.4% to CAD 108 million, but net losses widened from CAD 74 million to CAD 125.5 million year-over-year [2]

Core Viewpoint - Bain Capital is planning to sell its stake in Canada Goose, but the company has not commented on this matter [1] Group 1: Bain Capital's Investment - Bain Capital acquired a 70% stake in Canada Goose for approximately $250 million in December 2013, becoming the controlling shareholder [1] - Under Bain Capital's influence, Canada Goose went public in 2017 on both the New York and Toronto stock exchanges, with the stock symbol "GOOS" [1] - As of March 2025, Bain Capital will still hold 60.5% of the multiple voting shares, which provide 10 votes per share, giving it actual control over 55.5% of the total voting power [1] Group 2: Sale Process and Interested Buyers - Bain Capital has hired Goldman Sachs as a financial advisor for the sale process and has received multiple privatization acquisition offers [1] - Interested buyers include private equity firms Hillhouse Capital and Anhong Capital, as well as Chinese down jacket manufacturer Bosideng International, and a consortium formed by private equity firm FountainVest Partners and Anta Sports Products [1] - Anta Sports has publicly clarified that it is not a party to the potential acquisition of Canada Goose [1]

Group 1 - Anta Sports has clarified that it is not a potential acquirer of Canada Goose, despite media reports suggesting otherwise [1] - Bain Capital, the controlling shareholder of Canada Goose, is considering selling its stake, with discussions still in early stages [1] - Canada Goose's revenue for the fiscal year ending March 30, 2025, is projected to be CAD 1.3484 billion, reflecting a year-on-year growth of 1.1%, but showing a declining growth trend compared to previous years [1] Group 2 - Analysts suggest that Bain Capital's potential exit indicates that the luxury branding narrative of Canada Goose may be reaching its conclusion [2] - Multiple potential acquirers have been speculated, including luxury giants LVMH and Kering, as well as outdoor-focused VF Corporation [2] - Bain Capital has reportedly received several acquisition offers, valuing Canada Goose at approximately USD 1.4 billion, with interest from private equity firms and a consortium involving Anta Sports [2]

Group 1 - The core narrative suggests that Bain Capital's potential exit from Canada Goose indicates the end of the brand's luxury transformation story [2] - Bain Capital is reportedly considering selling its stake in Canada Goose, with discussions ongoing with financial advisors about potential buyers [1][2] - Canada Goose's revenue for the fiscal year ending March 30, 2025, is projected to reach CAD 1.3484 billion, reflecting a growth rate of only 1.1%, which is a significant decline compared to previous years [1] Group 2 - Various luxury brands and private equity firms, including LVMH, Kering, and VF Corporation, are speculated to be potential acquirers of Canada Goose [2] - Bain Capital has received multiple acquisition offers, with a valuation of approximately USD 1.4 billion for Canada Goose, including interest from private equity firms Hillhouse Capital and Advent [2] - The stock price of Canada Goose has recently increased by 16.19%, closing at USD 14.14, following the news of the potential sale [4]

Group 1 - Bain Capital, the controlling shareholder of Canada Goose, is considering selling its shares, with potential buyers including Bosideng from the Chinese market [1] - Bosideng representatives stated that the company does not comment on market rumors [1]

北京商报讯（记者 张君花）8月28日，针对加拿大鹅（Canada Goose）的控股股东贝恩资本（Bain Capital）正考虑出售其持有的股份的消息，加拿大鹅相关人士对北京商报记者回应称："品牌对此不予 评论。" ...

人民财讯8月28日电，安踏体育8月28日晚间在港交所公告，公司董事会谨此提及今日若干媒体关于公司 可能收购Canada Goose Holdings Inc.(潜在收购)的报告。公司谨此澄清，其并非该潜在收购的一方。 ...

Group 1 - Recent rumors indicate that private equity firms Hillhouse Capital and Anhong Capital have expressed verbal acquisition intentions for Canada Goose's controlling shareholder, Bain Capital, with an estimated valuation of approximately $1.35 billion [1] - Other potential buyers include a consortium formed by Bosideng, Anta Sports, and FountainVest Partners, which previously collaborated with Anta, Tencent, and the founder of Lululemon to acquire Amer Sports [1] - Canada Goose's market performance has been relatively weak in recent years, with revenue growth slowing significantly from 21.5% in fiscal year 2022 to just 1.1% in fiscal year 2025 [1] Group 2 - Canada Goose reported a 22.4% year-over-year increase in global revenue for the first quarter of fiscal year 2026, reaching CAD 108 million (approximately RMB 561 million), marking the largest increase in nearly nine quarters [2] - The significant growth in the Greater China region was 18.7%, indicating strong market performance [2] - The company is implementing a four-season strategy to diversify its product line beyond winter apparel, introducing items such as sweaters, footwear, and sunglasses to maintain consumer engagement during off-peak seasons [2]

Core Viewpoint - Bain Capital, the controlling shareholder of Canada Goose, is considering selling part or all of its 60.5% stake in the high-end functional apparel brand, with multiple acquisition offers received, valuing the company at approximately $1.35 billion, which is 8 times its average EBITDA over the past 12 months [1][3]. Group 1: Acquisition Interest - Advent International and Boyu Capital have made verbal offers for Canada Goose, with Advent focusing on consumer upgrades and healthcare, while Boyu is backed by top-tier limited partners [3]. - Other Chinese institutions, including Bosideng and a consortium formed by FountainVest Capital and Anta Group, have also expressed interest in acquiring Canada Goose [3][4]. Group 2: Company Background and Growth - Canada Goose was founded in 1957 and has transformed from a niche brand for extreme weather to a global luxury brand, significantly expanding its product line from 20 to 200 items under Bain Capital's ownership [4]. - The company went public in 2017, reaching a peak market value of over $7.8 billion, with the Greater China region becoming its largest market, accounting for nearly half of its global stores [4][6]. Group 3: Financial Performance - Canada Goose's sales growth has slowed significantly, with projected growth rates dropping from 21.54% to 1.1% from fiscal years 2022 to 2025 [6]. - In the first quarter of fiscal year 2025, Canada Goose reported a 22.4% year-over-year revenue increase to CAD 108 million, marking the largest growth in nearly nine quarters, with the Greater China region showing an 18.7% increase [6]. Group 4: Market Challenges - The luxury goods sector is experiencing a slowdown, and Canada Goose faces intense competition in China from brands like Lululemon and Arc'teryx, as well as local brands like Bosideng [6]. - The recent growth of Canada Goose is largely attributed to the expansion of its footwear and accessories categories, with plans to increase investment in sweaters, sunglasses, and shoes to transition into a year-round luxury brand [6][7].

Shares of Canada Goose Holdings are surging almost 13% in early trading Wednesday following a report that controlling shareholder Bain Capital has received takeover bids valuing the maker of high-end winter jackets at around $1.35 billion. https://t.co/2cuNWOfEua ...