No. of Recommendations: 1
The young Chinese couples love to wear their fashion statement Canada Goose parka's that were designed for the Antarctic and Arctic but that they wear when it is +15C. }};-@

Huawei Fallout Hits Canada Goose Shares While China Rival Soars

Bloomberg Jeanny Yu and Daniela Wei December 11, 2018

(Bloomberg) -- Escalating tensions between China and Canada triggered by the arrest of Huawei Technologies Co.’s finance chief are having a dramatic impact on two of the world’s hottest apparel stocks.

Canada Goose Holdings Inc., the trendy maker of premium parkas, has tumbled almost 20 percent over the past four days. At the same time, Bosideng International Holdings Ltd., a Hong Kong-based downy apparel maker, has jumped nearly 13 percent to a five-year high.

The detention of Huawei’s Meng Wanzhou last week has affected Canadian companies, causing Canada Goose’s share price to slump, the official Weibo account of a website backed by state-run Global Times said Tuesday. Calls have gone out on the Weibo social-media platform to boycott Canadian brands, including Canada Goose.

Then there is this ...

The Latest: Canadian allegedly detained in China

The Canadian Press The Canadian PressDecember 11, 2018
Print the post  


This is a Politics Free Board
Politically charged posts are not permitted on the Metar Board. If you make a political post, and it is alerted, the post will be removed. Thanks!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.