meglio museum o Canada Goose

July 4, 2017 Comments Off on meglio museum o Canada Goose

Canada Goose Inc. known for its trademark $900 Parka with coyote fur-lined hoods, has confidentially for an IPO that is expected to value the company at $2 billion.The move by the Toronto-based brand marks the first retailer to go public on a U.S. exchange in over a year. Canada Goose plans to sell 10–15 percent of the company to the public, expected to raise $200 million–$300 million.Canada Goose’s burst onto the luxury winter weather scene has seen rapid growth, leading the company to open up a flagship store in Manhattan in November. The jackets are becoming a must own product in extreme cold weather climates. Bain Capital acquired a majority stake in Canada Goose in 2013 when the company was valued at just $250 million.Apparel or shoe companies going public have been particularly sparse, over the last decade only 12 have gone public in the United States and Canada. The biggest IPO was from another Canadian apparel brand, Lululemon Athletica inc. LULU 0.54%, which raised $377 million in 2007.

Taking the battle to the boardroom, PETA plans to buy shares in the IPO of upscale apparel-maker Canada Goose Inc. in order to have a shareholder voice in what the activist group calls the company’s mistreatment of animals.Canada Goose filed an amended IPO last Friday expected to raise $200–$300 million and value the company at $2 billion. The shares are to be listed on the New York Stock Exchange.PETA said in a news release Tuesday it plans to buy the minimum amount of shares necessary to give PETA the right to attend and speak at annual meetings, and to offer resolutions for the company to stop using coyote pelts for its pricey jackets, some of which retail for nearly $1,000.

The animal rights group’s last November staged demonstrations at the grand opening of the Toronto-based company’s first-ever brick-and-mortar store.Canada Goose touts it cold-weather wear as preferred fashion of celebrities, explorers and fashion followers.Canada Goose was founded in 1957 by Polish immigrant Sam Tick. The company began operations by selling high-quality woolen coats and outerwear. In 1985, Tick’s son-in-law, David Reis, acquired a majority stake in the company. In 2001, Dani Reiss, the founder’s grandson-in-law, assumed the position of President and CEO.Private equity firm Bain Capital acquired a majority share of the company in 2013.