“Canada’s supply chain is very dependent on China, but consumer-facing Canadian brands in China could be at risk too,” he said. “It’s something that could potentially impact the future growth prospects of Canadian companies in China.”
Sarah Kutulakos, executive director of the Canada China Business Council, said diplomatic relations between the two countries have been strained for years but the economic relationship has remained.Article content She added that Canada’s reputation in China remains strong, and hostilities between the two countries have not impacted the impression of Canada in the past.
Lululemon had 117 stores in China as of the end of January, according to the company’s most recent annual report.
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