Bain Capital news and archive

Bain Capital secures majority stake in South Korea’s Echo Marketing

US private equity firm Bain Capital has snapped up a majority stake in Echo Marketing, the South Korean parent company of activewear brand Andar. The stake, valued at 344 million dollars, reflects Bain’s efforts to expand its presence in consumer brands, particularly in South Korea’s athleisure sector. A regulatory filing seen by Reuters stated...

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Business

Is Canada Goose up for sale?

Bain Capital is reportedly considering selling part or all of its controlling stake in luxury apparel brand Canada Goose Holdings Inc. (Canada Goose). Bloomberg reports that the investment firm is working with advisors and gauging interest from potential buyers, according to sources close to the matter. Bain Capital acquired a majority stake in...

Fashion

Toms sells stake to Bain Capital to “accelerate growth”

Toms, the canvas shoe company that operates a One-for-One policy to give shoes to children in need, has agreed to sell a 50 percent stake in its business to private investment firm Bain Capital. The deal will see Toms founder Blake Mycoskie continuing as the “visionary of the company”and remaining the 50 percent owner of Toms. The shoemaker...