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Canada Goose’s China Woes Set Up Worst Week Since Pandemic Began
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Canada Goose’s China Woes Set Up Worst Week Since Pandemic Began
Sandrine Rastello
Fri, December 3, 2021, 2:26 PM



(Bloomberg) -- Canada Goose Holdings Inc.’s problems in China are putting the stock on track for its biggest weekly drop since the early days of the pandemic.



The shares were down 20.6% this week as of 2:17 p.m. New York time on Friday, reflecting investors’ concerns about a controversy in China about its return policy. That would be the biggest slide since March 2020, when the Covid-19 crisis started to hit the North American economy.

The Toronto-based parka marker is under fire, with the ruling Communist Party’s flagship newspaper saying the company has imposed a “discriminative” return policy on Chinese consumers.

Similar statements against foreign companies -- which hit Christian Dior SE last month -- have often led to sliding local sales and apologies from executives.

Canada Goose also faces a second summons by consumer regulators in Shanghai to explain why it has a different return policy in China than elsewhere after a woman complained she was unable to get a refund for a down coat she bought in a store. Canada Goose refunded the shopper Thursday, according to state newspaper People’s Daily.

Earlier this year, Canada Goose was fined and criticized by state media for allegedly misleading consumers in some advertisements. Chief Executive Officer Dani Reiss said in a November interview the event had had no impact on business.

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One women caused this.... Well I hope China doesn't have a problem with the "No Food In Pocket " part of the new return policy....
 

Lulus to Report Third Quarter 2021 Results on December 14, 2021
Lulu's Fashion Lounge Holdings, Inc.,
November 22, 2021



CHICO, Calif., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), a customer driven, digitally native women’s fashion brand, announced today that the Company will release its third quarter 2021 financial results on Tuesday, December 14, 2021, after market close.
 

CI&T Inc. (CINT)-This looks very good.
NYSE - Nasdaq Real Time Price.

12.49+0.14(+1.13%)
As of 10:16AM EST.


STOCK-OF-THE-DAY....

CI&T initiated with a Buy at Goldman Sachs 06:42 CINT Goldman Sachs analyst Diego Aragao initiated coverage of CI&T with a Buy rating and $23 price target, which implies 85% upside. CI&T has the capacity to deliver "agile, scalable" digital services, consolidate itself as a digital native specialist and lead the technological evolution of multiple companies, Aragao tells investors in a research note. He sees "solid growth trends," with revenue growing at a 31% annually though 2023, backed by the competitive advantage of being a digital pure play "that is well-prepared to compete with other tech-developing peers."


 
stonedinvestor said:

CI&T Inc. (CINT)-This looks very good.
NYSE - Nasdaq Real Time Price.

12.49+0.14(+1.13%)
As of 10:16AM EST.


STOCK-OF-THE-DAY....

CI&T initiated with a Buy at Goldman Sachs 06:42 CINT Goldman Sachs analyst Diego Aragao initiated coverage of CI&T with a Buy rating and $23 price target, which implies 85% upside. CI&T has the capacity to deliver "agile, scalable" digital services, consolidate itself as a digital native specialist and lead the technological evolution of multiple companies, Aragao tells investors in a research note. He sees "solid growth trends," with revenue growing at a 31% annually though 2023, backed by the competitive advantage of being a digital pure play "that is well-prepared to compete with other tech-developing peers."


More...
Actually they do what DOMO does!
Buy DOMO Stoney, call the fund, you'll impress them.
$50.97
Rock solid balance sheet, and they make money.
Based in Utah too. Always a good sign.

EDIT: My bad, Weave does what DOMO does.
 
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