The Boston private equity firm has hired advisers to explore selling all or part of its stake in the Toronto parka maker, Bloomberg reported, citing sources familiar with the matter. Bain’s shares give the company 55.5 per cent of the vote at Canada Goose. (Bloomberg)

Talking point: A sale would mark the end of an era for Bain, which first invested in Canada Goose in 2013, when the brand was on the cusp of transforming from a niche purveyor of extreme cold weather performance wear to a global luxury fashion brand. By 2015, the parkas were a common sight on city streets and among celebrities. Canada Goose went public in 2017 and expanded globally, with its stock hitting all-time highs in 2018. However, it has floundered since then thanks to changing consumer preferences, a weak Chinese economy and a global trade war. Its market capitalization is currently about $1.8 billion, about the same as its value following its 2017 IPO.