TORONTO — Canada Goose Inc. says its new store in Beijing has opened following a delay.
READ MORE: Canada Goose delays China flagship store opening, citing ‘construction’ issues amid Huawei spat
The Toronto-based luxury parka maker has said the delay was due to ongoing construction.
Get daily National news
Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.
The announcement of the delay came in mid-December, in the midst of growing tensions between China and Canada following the arrest of Huawei chief financial officer Meng Wanzhou in Vancouver.
- Prime minister commits more than $3B for defence projects in the Maritimes
- Bodies of pilots who died in collision at N.Y. airport are repatriated to Canada
- 3 Saskatoon overpass strikes under investigation, multiple charges laid
- Watchdog report prompts renewed calls for Indigenous people to run Indigenous procurement
Since Meng’s Dec. 1 arrest, Canada Goose’s stock has dropped by about 36 per cent to $57.06.
Earlier this year, Canada Goose announced its China expansion plan, which also involves an office in Shanghai and a store in Hong Kong.
Comments
Want to discuss? Please read our Commenting Policy first.