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Shanghai, China – December 02: The citizen is held near the Canadian Husak shop on December 2, 2021 in Shanghai, China.
Visual China Group | Gets the image
Canadian goose According to people, acquaintances with this issue, he managed the shareholder, Bain Capital, aimed at accepting a luxury manufacturer Parka Private when estimating about $ 1.4 billion.
People said Bain Capital seeks to unload its content in the Canadian gees, and Goldman Sachs advise on sale. All existing proposals seek to privatize the company listed in Toronto, as well as in New York, according to sources that have not been called, as the information is confidential.
Private capital firms Boyu Capital and Advale International made oral sentences, evaluating the Canadian goose eight times a 12-month average income, taxes, depreciation and depreciation, which means about $ 1.35 billion, people said.
Other interested buyers include Bosideng InternationalCapital jacket manufacturer in Shanghai and Consortium, formed by private capital and Anta Sports Product-Duet headed the transaction in 2019 To buy America in Finland, the owner of Wilson’s tennis racket.
According to several industry observers, the application is to accept the private Canadian Canadian geese, as in particular, buyers will give buyers more autonomy to turn the company without further control of regular financial disclosure.
Bain Capital holds on to the decision while the more suggestions were tuned, people said, adding that after choosing the buyer, it is expected to take a proper check less than two months before signing the transaction.
This year, New York Canada Goose’s shares have gained more than 21%, raising the market value to $ 1.18 billion. Although far from its peak in 2018 at $ 7.7 billion, a year after it became public, the assessment provided a negative profitability for Bain from reported about $ 250 million Level when he took control in 2013.
As of March, Bane owned about 60.5% of his many voting shares, which are 10 times higher than the company’s state shares, giving Bain 55.5% of the total voting power in the firm, According to a regulatory application.
The planned output of Bain happens when the Canadian goose fights for the support of growth in several key markets, and analysts call into question its brand positioning and marketing strategy at a time when consumers become careful in buying big tickets.
For the year ended in March, the company’s profits by 1.1% on permanent currency Earlier, up to $ 1.35 billion of Canadian dollars, as sales in its decisive markets, including Canada, China and the EMEA region, consisting of Europe, the Middle East, Africa and Latin America – decreased by 2.4%, 1.7%and 12.1%respectively.
This was a sharp slowdown in the world growth that had Rising 23.2% in 2022. 10.9% in 2023 and 9.6% in 2024 on permanent currency.
Reduction of sales in China – which takes almost half of the company stores – signals a sharp downturn compared to a jump of 47% of the 2024 sales jump when China overtook Canada as the largest company market.
In The last quarter ends in JuneCanada geese, seasonally slow period for the winter cover manufacturer, outlined a large $ 125.5 million loss, expanding $ 74 million from the same period last year.
The output also occurred when the 12-year Bayna control in Canada significantly exceeded the typical private capital investment cycle of about five to 10 years, which made the way out the next step.
“The Bain Canada Goose Bain is a classic PE funds cycle – the acquisition of the brand, accepting it publicly and now wants to come out,” said veteran Galina, who did not want to call it, adding that the output is 12 years away from the perfect one.
“The problem with the Canadian goose is that it does not work functional clothing, nor particularly good in terms of consumers,” said Jaling Jiang, the founder of Aperturechina’s consulting firm.
Jiang added that the company strives for the middle level and celebrities in its marketing, deviating from the main force in Winterwear. “The brand feels useless and faceless.”
She also pointed to the inconsistency in Canada’s messages and actions: “It is uncomfortable when they see quality throughout their lives, and then they face a number of quality scandals in China … and when they call themselves luxurious fashion, but many consumers expect them to buy at outlets (mass market).”
The Canadian goose noted that higher tariffs in the United States can increase raw material costs and maintaining prices that risk blurring the company’s competitiveness in some markets.
By holding its current forecast for the financial year over an uncertain trading environment, the company said in a good condition to manage the impact of tariffs, as 75% of its items are produced in Canada and are currently being exempted from tariffs on the US due to the implementation of the US-Mexico Cood.
The manufacturer of outerwear is justify Clicking on the sweaters, the sun’s glasses and shoes when it strives to convert from the park specialist to a seasonal brand with sustainable sales in the seasons.