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

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Luxury retailer appears to be first casualty as calls for a boycott spread on social media Weibo and echoed on state-run media

Growing tensions between Beijing and Toronto 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. A Canadian judge granted bail to Meng on Tuesday evening.

Related: China-US feud threatens Canada as Huawei executive due in court

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Source: china
Link : Canada Goose shares slide amid Beijing-Ottawa row over Huawei CFO arrest

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