The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase.Of all the ways you might stay warm this winter, no item in your closet will be more important to the cause than a reliable down jacket.With a good down jacket, you’ll be able to insulate your body heat, protect yourself from the elements, and display some style even while you’re all bundled up for winter.Below, we’ve put together a selection of our favorite down jackets. Check it out and see if one of them might be right for your needs this winter. And if we missed your favorite down jacket, don’t hesitate to let us know in the comments.Canadian apparel maker Gildan Activewear Inc said it had won a bankruptcy auction to buy U.S. fashion retailer American Apparel for about $88 million in cash.
The deal is subject to approval from a bankruptcy court on Thursday, the company said.Under the deal, Gildan will acquire the intellectual property rights related to the American Apparel brand and certain manufacturing equipment. The company , however, will not buy any of the 110 American Apparel retail stores.Reuters reported late on Monday that Gildan had won the auction, which also attracted other bidders such as California-based apparel maker Next Level.Guggenheim Securities, LLC is acting as Gildan’s financial adviser, while Sullivan and Cromwell LLP are providing legal advice. Canada Goose, the Canadian winter apparel manufacturer, is planning to go public, according to The Wall Street Journal.
The flotation could value the company at as much as $2 billion, and may take place as early as next year, according to the report.The Toronto-based company has not yet hired bankers, but rather is interviewing potential underwriters, according to sources cited by The Journal.Canada Goose is known for its winter coats with a signature red, white, and blue patch on the sleeve. They often retail for between $600 and $800.As Business Insider’s Dennis Green previously reported, Canada Goose is the unofficial parka for film crews working in colder environments. They’ve been used off-camera for everything from „Game of Thrones“ to „The Danish Girl.“