Home / Knowledge / News / Apparel/Garments / Canada Goose outerwear sells major stake to Bain Capital
Canada Goose outerwear sells major stake to Bain Capital
Dec '13
Canadian extreme weather outerwear manufacturer, Canada Goose, has sold its majority stake to Boston-based private equity firm Bain Capital for an undisclosed sum.
The Canadian outerwear firm, which is one of world’s leading makers of extreme weather jackets, has taken the step in order to expand its reach to new markets and also increase its local manufacturing operations.
However, although the Boston firm would be owning the majority stake of Canada Goose, Dani Reiss president and CEO of the Canadian firm would be retaining his position as the company’s head.
Mr. Reiss said Bain Capital has had a long and impressive track record for successfully investing in Canadian firms and Canada Goose is thrilled to bring them on board, as they are the right partners with the right resources to help the firm reach its true potential.
Founded in a small warehouse in Toronto more than 55 years ago by Reiss' grandfather, Canada Goose now employs more than 1,000 people and its apparel is sold in more than 50 countries. Canada Goose is a leading producer of extreme weather outerwear, proudly manufactured only in Canada.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search