April 15 (Reuters) – Winter clothing maker Canada Goose Inc has appointed investment bank Canaccord Genuity to explore options and perhaps tempt new investors as demand soars for its fashionable cold-weather gear, sources familiar with the situation said.
Industry sources said the fast-growing Toronto-based company might consider an outright sale. But Canada Goose said it is, at most, seeking to sell a minority.
“We’re certainly exploring options to introduce additional equity into the company,” Canada Goose Chief Executive Dani Reiss told Reuters on Monday.
He insisted that the family-owned company is not for sale, but said it would consider bringing on a “value-added minority partner”.
Canada Goose has turned its pricey fur-lined parkas and other accessories into must-have cold-weather items.
Read more…