Is Canada’s goose cooked in China?

Richmond Hill Post - - News -

Canada Goose, founded and based in North York, is pay­ing for its Cana­dian pride, in the wake of the ar­rest of Meng Wanzhou, the CFO of Chi­nese tech ti­tan Huawei who was de­tained in Van­cou­ver on Dec. 1 on sus­pi­cion of a pos­si­ble vi­o­la­tion of U.S. sanc­tions against Iran. Since the de­tain­ment, China’s em­bassy has protested against Canada and de­manded her re­lease; U.S.-China trade re­la­tions are back on thin ice; and Canada Goose, the iconic out­er­wear re­tailer, is fac­ing boy­cotts among Chi­nese con­sumers. Over the course of Meng’s bail hear­ing in Van­cou­ver, Canada Goose stocks dropped 20 per cent, and a new flag­ship in the tony San­l­i­tun district in Bei­jing has de­layed its De­cem­ber open­ing.

FEEL­ING DOWN? Canada Goose cov­ers its lo­gos and de­lays the open­ing of its Bei­jing flag­ship.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.