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China Media Warns Canada Goose May Have Broken Consumer Law

  • Firm called in by Shanghai consumer watchdog on return policy
  • Shares slid for three sessions in New York to lowest in month
Canada Goose Holdings Inc. Store Opening
Photographer: Christinne Muschi/Bloomberg

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.

The ruling Communist Party’s flagship newspaper said on a social media account Thursday that the Toronto-based cold weather outfitter used a “discriminative” return policy in China, adding that Canada Goose and other foreign brands must provide quality products and services to the nation’s consumers.