In the News: Canada Goose Refund Debacle; New SEC Rules on Auditing Foreign Companies; and Draft E-Cigarette Regulation
December 07, 2021 | BY
Hugo YeungPublic outrage at Canada Goose's discriminatory return policy; SEC rules implement submission and disclosure requirements for U.S.-listed foreign companies; e-cigarettes to be regulated as a tobacco product
Credit: William Barton/Adobe Stock
Canada Goose faces backlash for discriminatory return policy
Several international brands including Canada Goose, Louis Vuitton, and Gucci are under fire for controversial return policies which allegedly discriminate against Chinese consumers. Shares of Canada Goose have plummeted 20% from a peak of US$45.79 on Wednesday to US$36.53 at Friday's closing.
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