一件19000，「羽绒服一哥」要被卖了

Core Viewpoint - Canada Goose Holdings Inc. is considering selling part or all of its shares held by Bain Capital, attracting interest from private equity firms amid declining sales and stock prices [4][14][15]. Company Overview - Canada Goose was founded in 1957 in Toronto and initially focused on functional cold-weather gear before transforming into a global luxury brand with the help of Bain Capital, which acquired it in 2013 [4][7][9]. - The brand gained significant recognition through product placements in films and sponsorships of major film festivals, leading to sales exceeding $100 million by 2013 [8]. Financial Performance - Canada Goose's sales growth has been declining, with revenue growth rates of 21.54%, 10.84%, and 9.6% for fiscal years 2022, 2023, and 2024, respectively, and a projected drop to 1.1% for fiscal year 2025 [14]. - The company's market value has decreased from a peak of $7.8 billion to approximately $1.36 billion, losing over $6.4 billion in value [14][15]. Market Challenges - The brand's performance in China has been disappointing, facing issues such as fines for false advertising and criticism over return policies, while local competitors like Bosideng are gaining market share [14][15]. - Canada Goose's revenue in China for fiscal year 2025 was CAD 427 million, showing only a 1% increase year-over-year, with a decline of 1.7% when adjusted for fixed exchange rates [15]. Management Changes - The company has undergone multiple changes in its China leadership, with the recent appointment of Celine Xie as the new president for the region, marking the third leadership change since 2022 [15]. Investment Landscape - The potential sale of Canada Goose reflects a broader trend in the consumer market, where private equity firms are actively seeking opportunities amid high inflation and interest rates, particularly in luxury and essential goods [18][20]. - Notable recent acquisitions in the consumer sector include 3G Capital's $9.4 billion purchase of Skechers and various deals involving Starbucks China and other brands, indicating a robust environment for mergers and acquisitions [18][19].