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Canada Goose Might Change Hands
Luxury apparel brand Canada Goose could soon have a new majority owner. **Bain Capital** is reportedly exploring options that include selling some or all of its stake in the company, potentially reshaping the brand’s future.
Key Development
**Bain Capital** is working with consultants to gauge interest from possible buyers, according to undisclosed sources. The investment firm acquired a controlling interest in Canada Goose back in 2013.
Four years later, **Bain Capital**, along with CEO **Dani Reiss**, took the company public. Despite the IPO, **Bain Capital** maintained control through weighted voting rights. As of March 2025, they possessed approximately 60.5% of the shares, translating to 55.5% of the company’s total voting power. **Reiss** holds around 18% of the shares.
Financial Snapshot
For the fiscal year concluding in March 2025, Canada Goose posted revenues of $1.3 billion Canadian (approximately €857 million) along with a net profit of about $95 million Canadian (around €60.3 million).
Broader Market Context
The luxury goods sector has seen considerable activity, with LVMH’s recent acquisition of Pedemonte Group, a testament to the continued appeal of high-end brands and the strategic moves by major players to consolidate their market position, as reported by Reuters (Reuters, 2024).
Potential Impact
A sale of **Bain Capital’s** majority stake could significantly alter Canada Goose’s strategic direction, depending on who the new owner is. It remains to be seen how this will affect the brand’s operations and future trajectory.
