Canada Goose gets take-private bids valuing it at about $1.4 billion, CNBC says

Aug 26 (Reuters) - Canada Goose's GOOS.TO, GOOS.N controlling shareholder Bain Capital has received bids to take the luxury goods maker private at a valuation of about $1.4 billion, CNBC reported late on Tuesday, citing people familiar with the matter.

Private equity firm Bain, which acquired a majority stake in Canada Goose in 2013, is looking to offload its holding and Goldman Sachs is advising on the sale, though the final decision is on hold till more offers roll in, the report said.

U.S.-listed shares of Canada Goose were up about 9% in premarket trading on Wednesday, after having risen about 21% for the year so far. The company is valued at $1.18 billion, according to LSEG data.

CNBC said private equity firms Advent International and Boyu Capital have made verbal offers to buy Canada Goose, a company best known for its luxury parkas that has diversified into eyewear, rainwear and summer-ready collections.

Other prospective buyers include Shanghai-based apparel manufacturer Bosideng International 3998.HK, and a consortium formed by Hong Kong-listed sportswear maker Anta Sports Products 2020.HK and private-equity firm FountainVest Capital, according to the report.

Canada Goose, Goldman Sachs and the interested parties did not immediately respond to Reuters requests for comment, while Bain declined to comment.

The company posted a bigger-than-expected quarterly loss in July, weighed down by higher costs associated with retail expansion and promotions.

While it withheld its fiscal 2026 forecast in May due to tariff uncertainty, the company has been partly shielded from such impacts as 75% of its products are made domestically and are exempt under the U.S.-Mexico-Canada trade pact.