Bain Capital Reports Plans to Sell Majority Stake in Canada Goose

Bain Capital, which holds a controlling stake in luxury outerwear brand Canada Goose, is reportedly exploring the possibility of selling part or all of its shares in the company. The private equity firm owns 60.5% of the multiple voting shares, equating to 55.5% of voting power, and has engaged advisers to gauge interest from potential buyers, including other private equity groups. While these discussions are in the early stages and no deal is guaranteed, the potential sale could significantly alter Canada Goose's ownership structure and impact its strategic direction. Canada Goose, founded in 1957 and transformed into a global luxury brand under CEO Dani Reiss, has recently demonstrated resilience with a market capitalization around $1.3 billion and steady revenue despite economic headwinds and tariffs. Both Bain Capital and Canada Goose have declined to comment on the situation, leaving market speculation ongoing amid broader shifts in luxury brand investments. This development reflects potential shifts in investor sentiment within the luxury goods sector, as companies adjust to evolving consumer behavior and post-pandemic market conditions.