Home Current Canada Goose shares slide amid Beijing-Ottawa row over Huawei CFO arrest

Canada Goose shares slide amid Beijing-Ottawa row over Huawei CFO arrest

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Canada Goose shares slide amid Beijing-Ottawa row over Huawei CFO arrestThe company’s slide in the stock market comes amid reports that former Canadian diplomat Michael Kovrig has been detained in China. Growing tensions between Beijing and Ottawa over the arrest of a senior Huawei executive have inflicted damage on the luxury clothing retailer Canada Goose, as Chinese consumers call for a boycott of the brand. Shares in the company have plunged nearly 20% since the arrest last week of Huawei’s chief financial officers Meng Wanzhou in Vancouver.