Description: China’s state-run People’s Daily newspaper warned that Canada Goose Holdings Inc. may have violated Chinese consumer law, a sign the clothing company may be facing a difficult period in the world’s No. 2 economy.
Source: BNNBloomberg.ca – video report
Date: Dec 03, 2021
Questions for discussion:
- Summarize the key points presented in this report.
- What do you think all of this means for the company and perhaps other foreign brands operating in China?
- How should the firm respond?