Because they were asked to
http://business.financialpost.com/2013/12/10/canada-goose-sells-majority-stake-to-bain-capital/
A little something about how they work.
http://en.wikipedia.org/wiki/Private_equity_firm
http://en.wikipedia.org/wiki/Private_equity
There could a number of reason, why they would need it, but it sounds a lot like they are trying to expand (build new factories etc.)
huh....
What does international sales with in the last 5-10 years and labour costs have to do with each other?
Their retail pricing was just homogenized, so they cost the same all over the world, which they didn't 5+ years ago. The large difference in msrp., showed their hand, which really wasn't a good idea, as some buyers f.x. in Europe would feel ripped of paying double of what the US or Canada payed.
OK, it is an investment. My question now is; why does Bain Capital invest in Canada Goose & why does Canada Goose need to be invested?
I'm imagining something like stock though. Can you explain me a little more? Sorry for my ignorance.
Because they were asked to
http://business.financialpost.com/2013/12/10/canada-goose-sells-majority-stake-to-bain-capital/
A little something about how they work.
http://en.wikipedia.org/wiki/Private_equity_firm
http://en.wikipedia.org/wiki/Private_equity
There could a number of reason, why they would need it, but it sounds a lot like they are trying to expand (build new factories etc.)
you should be lol
huh....
Especially with their crazy rising labor costs.
What does international sales with in the last 5-10 years and labour costs have to do with each other?
Their retail pricing was just homogenized, so they cost the same all over the world, which they didn't 5+ years ago. The large difference in msrp., showed their hand, which really wasn't a good idea, as some buyers f.x. in Europe would feel ripped of paying double of what the US or Canada payed.