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Luxury coatmaker Canada Goose said to have picked banks for IPO

Credit Suisse, Canadian Imperial Bank of Commerce and Goldman Sachs to lead offering; sale likely next year

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Founded in 1957 as Metro Sportswear, Canada Goose specialises in woolen vests, raincoats and snowmobile suits. Its most expensive coat - which has a coyote-fur lined hood and claims to protect the wearer in temperatures below -32° Celsius - retails for US$1,500.

New York

CANADA Goose Inc, the retailer of high-end winter parka coats that can sell for more than US$1,000 apiece, has chosen bankers to lead its planned initial public offering (IPO), according to people familiar with the matter.

Credit Suisse Group AG, Canadian Imperial Bank of

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