Canada Goose opens store in Beijing after construction delay
A
A
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.
Help us improve Globalnews.ca
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.
READ MORE: Canada Goose’s stock plummets amidst Canada-China dispute
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.
© 2018 The Canadian Press
Editor's Picks
Catholic Church abuse: Canada's dark history and how to move forward
How old is too old? Joe Biden and Bernie Sanders vie for the Oval Office
Canadian captured in Syria admits to role in gruesome ISIS execution videos
Solicitor-client privilege is at the heart of questions on SNC-Lavalin affair. Here's how it works
As RCMP investigated casino money laundering, police distrust of B.C. government grew
Canadian women fleeing ISIS territory surrender to U.S.-backed forces in Syria
‘BCLC could have stopped this’: Former casino investigators question whether officials unwilling to stop criminal activity
Comments
Want to discuss? Please read our Commenting Policy first.