- Facebook/Canada Goose
Canada Goose, the Canadian winter apparel manufacturer, is planning to go public, according to The Wall Street Journal.
The flotation could value the company at as much as $2 billion, and may take place as early as next year, according to the report.
The Toronto-based company has not yet hired bankers, but rather is interviewing potential underwriters, according to sources cited by The Journal.
Canada Goose is known for its winter coats with a signature red, white, and blue patch on the sleeve. They often retail for between $600 and $800.
As Business Insider’s Dennis Green previously reported, Canada Goose is the unofficial parka for film crews working in colder environments. They’ve been used off-camera for everything from “Game of Thrones” to “The Danish Girl.”
The company had sales of $200 million in 2014, according to Entrepreneur, and has since opened more factories in Canada.
It is majority-owned by the private equity firm Bain Capital, which bought a $250 million stake in 2013, according to Entrepreneur.