Canada Goose posted a bigger-than-expected quarterly loss in July, weighed down by higher costs associated with retail expansion and promotions.

Canada Goose Holdings Inc.’s GOOS-T controlling shareholder Bain Capital has received bids to take the luxury goods maker private at a valuation of about US$1.4-billion, CNBC reported late on Tuesday, citing people familiar with the matter.

Private equity firm Bain, which acquired a majority stake in Canada Goose in 2013, is looking to offload its holding and Goldman Sachs is advising on the sale, though the final decision is on hold till more offers roll in, the report said.

U.S.-listed shares of Canada Goose were up about 9 per cent in premarket trading on Wednesday, after having risen about 21 per cent for the year so far. The company is v

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