Canada Goose seeks new investors
16/04/2013
Industry sources said the fast-growing Toronto-based company might consider an outright sale.
"We're certainly exploring options to introduce additional equity into the company," said Canada Goose chief executive Dani Reiss. He insisted that the family owned company is not for sale, but said it would consider bringing on a "value-added minority partner".
The company was founded in 1957 and bucks the manufacturing trend by making its winter gear in Toronto and Manitoba, and not in locations with lower labour costs.
The industry sources said information packages will be sent to potential bidders such as Nike, adidas, Helly Hansen, The North Face and Percival next month.
Share this story:
