You are here

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

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...

Market voices on: