DOCSLIB.ORG

Li Hong Cheng, Et Al. V. Canada Goose Holdings Inc., Et Al. 19-CV

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Li Hong Cheng, Et Al. V. Canada Goose Holdings Inc., Et Al. 19-CV Case 1:19-cv-08204-VSB Document 1 Filed 09/03/19 Page 1 of 29 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK LI HONG CHENG, Individually and On Case No. Behalf of All Others Similarly Situated, Plaintiff, CLASS ACTION COMPLAINT v. JURY TRIAL DEMANDED CANADA GOOSE HOLDINGS INC., DANI REISS, JONATHAN SINCLAIR, and JOHN BLACK, Defendants. Plaintiff Li Hong Cheng (“Plaintiff”), individually and on behalf of all other persons similarly situated, by Plaintiff’s undersigned attorneys, for Plaintiff’s complaint against Defendants, alleges the following based upon personal knowledge as to Plaintiff and Plaintiff’s own acts, and information and belief as to all other matters, based upon, inter alia, the investigation conducted by and through Plaintiff’s attorneys, which included, among other things, a review of the Defendants’ public documents, conference calls and announcements made by Defendants, United States Securities and Exchange Commission (“SEC”) filings, wire and press releases published by and regarding Canada Goose Holdings Inc. (“Canada Goose” or the “Company”), analysts’ reports and advisories about the Company, and information readily obtainable on the Internet. Plaintiff believes that substantial evidentiary support will exist for the allegations set forth herein after a reasonable opportunity for discovery. 1 Case 1:19-cv-08204-VSB Document 1 Filed 09/03/19 Page 2 of 29 NATURE OF THE ACTION 1. This is a federal securities class action on behalf of a class consisting of all persons other than Defendants who purchased or otherwise acquired Canada Goose securities between March 16, 2017 and August 1, 2019, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. 2. Canada Goose was founded in 1957 and is headquartered in Toronto, Canada. The Company designs, manufactures, and sells premium outdoor apparel for men, women, youth, children, and babies. The Company began trading on the New York Stock Exchange (“NYSE”) on March 16, 2017, following its initial public offering (the “IPO”). 3. Canada Goose operates in two segments—Wholesale and Direct to Consumer. The Company offers parkas, jackets, shells, vests, knitwear, footwear, and accessories for fall, winter, and spring seasons. Canada Goose uses, among other materials, animal down and furs for its winter jackets and other apparel. 4. Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Canada Goose sourced the down and fur used in its clothing products in a way that treated animals in an unethical and inhumane manner; (ii) Canada Goose was thus non-compliant with relevant FTC regulations pertaining to false advertising with respect to its sourcing practices; (iii) accordingly, Canada Goose was the subject of an ongoing FTC investigation regarding false advertising; and 2 Case 1:19-cv-08204-VSB Document 1 Filed 09/03/19 Page 3 of 29 (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times. 5. On November 2, 2017, the non-profit organization People for the Ethical Treatment of Animals (“PETA”) issued a press release alleging that Canada Goose suppliers used unethical measures to obtain the down and fur used in creating the Company’s clothing merchandise (the “PETA Press Release”). The PETA Press Release also stated that PETA had issued a complaint to the FTC regarding these practices because the Company represented in communications and promotional materials that its clothing was produced with down and fur from sources that treated the animals used in sourcing those materials ethically and humanely. 6. On this news, Canada Goose’s stock price fell $0.70 per share, or roughly 3.27%, to close at $20.72 per share on November 2, 2017. 7. Nevertheless, even after the PETA Press Release, Canada Goose continued to represent that the down and fur used in producing its clothing products were collected using humane and ethical practices. 8. Then, on June 17, 2019, the United States Federal Trade Commission (“FTC”) issued a closing letter to Canada Goose’s legal counsel. The FTC Closing Letter stated that the FTC had investigated Canada Goose’s advertising practices for possible violations of the Federal Trade Commission Act (“FTC Act”), citing “concern[s] that Canada Goose may have made false or misleading representations about the treatment of geese whose down is used in Canada Goose’s apparel.” The FTC further stated that it had not recommended enforcement action against Canada Goose because the Company had “remov[ed] the advertising claims at issue from the marketplace and clarify[ied] its business practices in marketing materials.” However, the FTC expressly stated that “[t]his action is not to be construed as a determination that a violation 3 Case 1:19-cv-08204-VSB Document 1 Filed 09/03/19 Page 4 of 29 of law did not occur” and “reserve[d] the right to take further action as the public interest may warrant.” (Emphasis added.) 9. On this news, Canada Goose’s stock price fell $0.50 per share, or 1.36%, to close at $36.17 per share on June 17, 2019. 10. According to an article published on July 12, 2019 by Truth In Advertising (“TINA”)—a well-known watchdog for deceptive marketing practices—Canada Goose continued to deny that it had changed the substance of its prior statements, telling TINA: “We continuously update language in our marketing materials and in our communications, and in this instance the substance of our prior statements has remained the same.” At least in part as a result of Canada Goose’s refusal to admit it had changed the substance of its prior marketing materials and communications, the Company’s securities continued to trade at artificially inflated prices throughout the Class Period. 11. Finally, on August 1, 2019, the New York Post published an article entitled “Canada Goose pulls claims about its ‘ethical’ treatment of animals” (the “New York Post Article”). According to the New York Post Article, Canada Goose had abandoned its claims of ethical treatment of animals used in making its winter jackets and clothing in response to the FTC’s regulatory review. The New York Post Article also reported that Canada Goose had removed from its website previous claims that the Company sourced coyote fur from animals in overpopulated areas, as well as videos purporting to show where Canada Goose obtained down for its parkas. The New York Post article also reported PETA’s assertion that its complaint to the FTC in 2017 had precipitated the FTC’s investigation into Canada Goose for potential violations of the FTC Act. 4 Case 1:19-cv-08204-VSB Document 1 Filed 09/03/19 Page 5 of 29 12. On this news, Canada Goose’s stock price fell $2.21 per share, or over 4.7%, to close at $44.58 per share on August 1, 2019. 13. As a result of Defendants’ wrongful acts and omissions, and the precipitous decline in the market value of the Company’s securities, Plaintiff and other Class members have suffered significant losses and damages. JURISDICTION AND VENUE 14. The claims asserted herein arise under and pursuant to Sections 10(b) and 20(a) of the Exchange Act (15 U.S.C. §§ 78j(b) and 78t(a)) and Rule 10b-5 promulgated thereunder by the SEC (17 C.F.R. § 240.10b-5). 15. This Court has jurisdiction over the subject matter of this action pursuant to 28 U.S.C. § 1331 and Section 27 of the Exchange Act. 16. Venue is proper in this Judicial District pursuant to Section 27 of the Exchange Act (15 U.S.C. § 78aa) and 28 U.S.C. § 1391(b). Canada Goose securities trade on the NYSE located within this Judicial District. 17. In connection with the acts alleged in this complaint, Defendants, directly or indirectly, used the means and instrumentalities of interstate commerce, including, but not limited to, the mails, interstate telephone communications, and the facilities of the national securities markets. PARTIES 18. Plaintiff, as set forth in the attached Certification, acquired Canada Goose securities at artificially inflated prices during the Class Period and was damaged upon the revelation of the alleged corrective disclosures. 5 Case 1:19-cv-08204-VSB Document 1 Filed 09/03/19 Page 6 of 29 19. Canada Goose is incorporated under the laws of British Columbia with its principal executive offices located at 250 Bowie Ave, Toronto, Ontario, Canada M6E 4Y2. Canada Goose securities trade in an efficient market on the NYSE under the ticker symbol “GOOS.” 20. Defendant Dani Reiss (“Reiss”) has served as Canada Goose’s President and Chief Executive Officer at all relevant times. 21. Defendant Jonathan Sinclair (“Sinclair”) has served as Canada Goose’s Chief Financial Officer (“CFO”) since June 2018. 22. Defendant John Black (“Black”) served as Canada Goose’s CFO since before the start of the Class Period until June 2018. 23. Defendants Reiss, Sinclair, and Black are sometimes referred to herein collectively as the “Individual Defendants.” 24. The Individual Defendants possessed the power and authority to control the contents of Canada Goose’s SEC filings, press releases, and other market communications. The Individual Defendants were provided with copies of Canada Goose’s SEC filings and press releases alleged herein to be misleading prior to or shortly after their issuance and had the ability and opportunity to prevent their issuance or to cause them to be corrected.
Load more

Recommended publications
  • A Story of Migration P/E LTM 34.8X EV/EBITDA LTM 24.7X Canada Goose Parkas Have Been Well Loved by Those in the Cold for Over Six Decades
    RESEARCHFebruaryREPORT 3, 2020 FebruaryA 3, Story 2020 of Migration Stock Rating BUY Price Target CAD $66.56 Current Price CAD $39.64 Bear Price Bull Case Target Case $53.75 $66.56 $72.96 Ticker GOOS Canada Goose Holdings Inc. Market Cap (MM) $4,755 A Story of Migration P/E LTM 34.8x EV/EBITDA LTM 24.7x Canada Goose parkas have been well loved by those in the cold for over six decades. The company was founded in 1957 under the name Metro 52 Week Performance Sportswear, originally serving as a small-scale supplier to the most demanding winter customers such as the Canadian Rangers and RCMP. 115 Since then, the brand has grown to global prominence, going public in 2017 while committing to keep design and manufacturing in Canada. 100 GOOS generated a C$144M in profit on C$830M in revenue in 2019 while commanding gross margins of 62%. However, shares have fallen over 50% since the high in November 2018, creating an intriguing opportunity to 85 look at an emerging Canadian icon with a promising future. Investment Theses 70 (1) Authentic identity brand with a storied past is underpinned by technical product excellence, creating a formidable barrier to entry. 55 Canada Goose parkas are becoming a worldwide status symbol among 01-Feb-19 01-Aug-19 01-Feb-20 luxury consumers. GOOS S&P/TSX Disc. Index (2) The company maintains a seemingly long runway, drawing on a channel shift, geographic shift, and category shift to drive margin Consumers expansion and top-line growth over the next decade.
    [Show full text]
  • Canada-Goose-Investor-Presentation
    This presentation includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. These forward-looking statements address various matters including our outlook for fiscal 2020 and our long-term outlook, related assumptions, and our plans for strategic investments to support future growth. Each forward-looking statement contained in this presentation is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, our expectations regarding industry trends, our business plan and growth strategies, our expectations regarding seasonal trends, our inventory levels ahead of these seasonal trends, our ability to implement our growth strategies, our ability to keep pace with changing consumer preferences, our ability to maintain the strength of our brand and protect our intellectual property, as well as the risks identified under the heading “Risk Factors” in our Annual Report on Form 20-F for the fiscal year ended March 31, 2019, and filed with the Securities and Exchange Commission (“SEC”), and the securities commissions or similar securities regulatory authorities in each of the provinces and territories of Canada (“Canadian securities regulatory authorities”), as well as the other information we file with the SEC and Canadian securities regulatory authorities. We caution investors not to rely on the forward-looking statements contained in this presentation when making an investment decision in our securities. The forward-looking statements in this presentation speak only as of May 29, 2019, and we undertake no obligation to update or revise any of these statements.
    [Show full text]
  • CANADA GOOSE HOLDINGS INC. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-A For Registration of Certain Classes of Securities Pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934 CANADA GOOSE HOLDINGS INC. (Exact name of registrant as specified in its charter) British Columbia N/A (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 250 Bowie Ave Toronto, Ontario, Canada M6E 4Y2 (Address of principal executive offices) (Zip Code) Securities to be registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which to be so registered each class is to be registered Subordinate voting shares, no par value New York Stock Exchange If this form relates to the registration of a class of securities pursuant to Section 12(b) of the Exchange Act and is effective pursuant to General Instruction A. (c), check the following box. ☒ If this form relates to the registration of a class of securities pursuant to Section 12(g) of the Exchange Act and is effective pursuant to General Instruction A. (d), check the following box. ☐ Securities Act registration statement file number to which this form relates (if applicable): 333-216078 Securities to be registered pursuant to Section 12(g) of the Act: None Item 1. Description of Registrant’s Securities to be Registered. Canada Goose Holdings Inc. (the “Registrant”) hereby incorporates by reference the description of its subordinate voting shares, to be registered hereunder, contained under the heading “Description of Share Capital” in the Registrant’s Registration Statement on Form F-1 (File No.
    [Show full text]
  • The Art of Money Colville’S Centennial Coins
    ART CANADA INSTITUTE INSTITUT DE L’ART CANADIEN APRIL 30, 2021 THE ART OF MONEY COLVILLE’S CENTENNIAL COINS Fifty-four years ago Expo 67 opened in Montreal—and the coins created by revered Canadian painter Alex Colville were a part of the world fair festivities. On the anniversary of the event ACI is launching a new online exhibition about the famed currency that marked the country’s 100-year celebration of Confederation. In 2017, the Art Canada Institute published Alex Colville: Life & Work by Ray Cronin, a work about our country’s foremost realist painter and how he imbued his meticulously painted scenes of everyday life with profound questions about the human condition. Our new online exhibition takes a closer look at a highly celebrated project by the Toronto-born, Maritime-based artist, one that produced the most widely- circulated artistic objects in Canadian history: six centennial coins that Colville (1920–2013) designed in 1965 and 1966 for the Royal Canadian Mint in celebration of Canada’s one hundredth anniversary of Confederation. Marking the anniversary of the opening of Expo 67 on April 27, 1967, The Measure of Nature: Alex Colville’s Centennial Coins, presented in partnership with the Beaverbrook Art Gallery and Billie Magazine, reveals the artist’s process of developing indelible currency inspired by Canadian wildlife. Sara Angel Founder and Executive Director, Art Canada Institute A NATIONAL TALENT Alex Colville, Family and Rainstorm, 1955 In 1964, when Minister of Finance Walter L. Gordon invited Canadian artists, sculptors, and designers to submit proposals for a coin set to be issued in 1967 to commemorate the Canadian Centennial, Colville’s career was thriving.
    [Show full text]
  • Management of Canada Geese in Suburban Areas
    Management of Canada Geese in Suburban Areas A Guide to the Basics DRAFT NJ Department of Environmental Protection Division of Watershed Management March, 2001 DRAFT Management of Canada Geese in Suburban Areas A Guide to the Basics State of New Jersey Donald T. DiFrancesco, Acting Governor New Jersey Department of Environmental Protection Robert C. Shinn, Jr., Commissioner Division of Watershed Management Mary Sheil, Director Acknowledgement: This guidance document consists of a compilation of the most current available information. Consult the reference section for sources. The document does not reflect an official policy position of the Division, but rather serves to provide basic technical guidance on Canada goose management options. 1 DRAFT Introduction Many people do not realize that ‘Giant’ Canada goose populations The honking flock of Canada geese were nearly non existent by the early overhead brings an internal years of the 1900’s because of recognition of nature’s intelligence unrestricted harvesting of eggs, and the timeless changing of the draining of wetlands for crop seasons. The high altitude, production, and commercial hunting. gracefully shifting ‘V’ formation Strict harvest regulations were always is a source of wonder. Years enacted, refuges were established, ago, these sights and sounds were large acreages of turfgrass were the primary evidence of the flocks. established through human sprawl, and goose populations recovered In many locations along the Atlantic rapidly and dramatically. It is ironic Flyway, which extends from that we did our job so well that now Hudson’s Bay, Canada south to reducing the populations is a critical Mexico, Canada geese are not water quality concern.
    [Show full text]
  • Four Takeaways for Investors
    Four Takeaways For Investors The following are some key observations of the TSX and TSX Venture Exchange markets: 1. NEGATIVE RETURNS In each market cap segment for September, most sectors achieved negative returns. This is the first month since the COVID downturn with generally negative returns. The Micro Cap segment was hit the worst with an average decline of 6%, while the other SEPTEMBER 2020 segments dropped by 1-2%. CLICK HERE FOR MORE INFORMATION 2. INNOVATION DOMINANCE Investor The Technology and Clean Tech sectors dominated sector performance in 3 of the 4 market cap groups in September. These sectors are garnering more attention in Canada as companies such as Nuvei Corporation (TSX:NVEI) go public. CLICK HERE FOR MORE INFORMATION Insights Brought to you by Toronto Stock Exchange and TSX Venture Exchange. 3. HORIZONS BETAPRO ETFS LEAD THE WAY Horizons BetaPro products represented all of the top 5 ETFs in September and 6 of the top 10. CLICK HERE FOR MORE INFORMATION 4. THE 2020 TSX30 The 2020 TSX30* was announced on September 15. Be sure to check out the 2020 rankings at tsx.com/tsx30, and come back often for content from well-known thought leaders. CLICK HERE FOR MORE INFORMATION SUBSCRIBE TO OUR MARKET INTELLIGENCE REPORTS * TSX30 is a ranking of the top 30 performers on Toronto Stock Exchange over a three-year period based on dividend-adjusted share price appreciation. September 2020 Share Price Performance SHARE PRICE SHARE PRICE TICKER PERFORMANCE 30/09/2020 (CAD) WELL Health Technologies Corp. TSX:WELL 49% $7.21 Lithium Americas Corp.
    [Show full text]
  • Canada Geese of the Mississippi Flyway
    STATE OF ILLINOIS Adlai E. Stevenson, Governor DEPARTMENT OF REGISTRATION AND EDUCATION Noble J. Puffer, Director NATURAL HISTORY SURVEY DIVISION Harlow B. Mills, Chief Volume 25 B U L L E T I N Article 3 Canada Geese of the Mississippi Flyway tVith Special Reference to an Illinois Flock HAROLD C. HANSON ROBERT H. SMITH Printed hy .lulhorily of the State of Illinois URBANA, ILLINOIS March 1950 . STATE OF ILLINOIS Adlai E. Stevenson, Governor DEPARTMENT OF REGISTRATION AND EDUCATION Noble J. Puffer, Director BOARD OF NATURAL RESOURCES AND CONSERVATION Noble J. Puffer, Chairman Stoddard, Ph.D., Litt.D., L.H.D., A. E. Emerson, Ph.D., Biology George D. President the University Illinois L. H. Tiffany, Ph.D., Forestry LL.D., of of L R. HowsoN, B.S.C.E., C.E., Walter H. Newhouse, Ph.D., Geology Engineering Roger Adams, Ph.D., D.Sc, Chemistry NATURAL HISTORY SURVEY DIVISION Urbana, Illinois Scientific and Technical Staff Harlow B. Mills, Ph.D., Chief Bessie B. Henderson, M.S., Assistant to the Chief Section of Economic Entomology Section of Applied Botany and Plant Pa- thology George C. Decker, Ph.D., Entomologist and Head Leo R. Tehon, Ph.D., Botanist and Head Bigger, M.S., Entomologist J. H. J. Cedric Carter, Ph.D., Plant Pathologist English, Ph.D., Entomologist L. L. J. L. Forsberg, M.S., Associate Plant Patholo- Entomologist C. J. Weinman, Ph.D., gist S. C. Chandler, B.S., Associate Entomologist G. H. Boewe, M.S., Assistant Plant Pathologist Willis N. Bruce, M.A., Assistant Entomologist Robert A. Evers, M.S., Assistant Botanist Entomologist John M.
    [Show full text]
  • How Did a Coat Once Only Loved by Rural Airline Workers Become the World’S Must-Have Winter Jacket?
    WORDS BY ian BURRELL HOW DID A COAT ONCE ONLY LOVED BY RURAL AIRLINE WORKERS BECOME THE WORLD’S MUST-HAVE WINTER JACKET? The dizzying flight of Canada Goose p on the slopes at Val d’Isère or Ver- fluff that interlock, trapping the pockets the sewers, were like family,” he says. Ubier, they probably don’t spend an of still air which provide insulation. The “Some still work for Canada Goose and awful lot of time dwelling on the humble finest down, many would say, emanates they are like my grandparents.” circumstances of the Hutterites, living from a mature Hutterite goose. As a high-school student, Reiss spent in their colonies on the exposed prairies During the past few winters, Canada each summer holiday working at the of western Canada. Goose’s distinctive parkas, with their factory. “I was in packing, finishing and And yet it is to this transitory Anabap- coyote fur-lined hoods, have become the shipping department, I was in recep- tist community – which has spent 400 increasingly popular, in spite of the fact tion and typed letters, and I was in the years fleeing a succession of persecutors that many of its products sell for close to down-filling room filling jackets with on an exodus from Moravia in Eastern £1,000. Annual revenues have grown down,” he says. “I did every job except Europe to the uplands of Alberta and from £2.7m in 2001 to £81m in 2013. for sewing – I still don’t know how to Manitoba – that many of the best-clad The expansion of Canada Goose from operate a sewing machine.” in this winter’s ski resorts will owe their a little-known family business to a glo- And yet, for all this practical experi- snugness.
    [Show full text]
  • Blue Jay, Vol.52, Issue 3
    HOW DID THE CANADA GOOSE GET ITS NAME BEFORE THERE WAS A CANADA? C. STUART HOUSTON, 863 University Drive, Saskatoon, Saskatchewan. S7N 0J8 The above question was posed by Bahama Islands, the first volume of Dr. Bernice Capusten of Red Deer, which appeared in 1729-32.3 Alberta. Bernice, a former student of mine and now a radiologist, is the Of 109 species of birds illustrated daughter of the late expert in mush¬ by Catesby, 71 were given binomial rooms and photography, Tony Latin names by Carl von Linnaeus in Capusten of Prince Albert, Saskatch¬ 1758. Linnaeus’ tenth edition of his ewan.1 Hers is an inspired question, Systema Naturae, as Gavin de Beer and the answer becomes quite a his¬ wrote in the introduction to the 1956 tory lesson. reprint, is “One of the great books in the history of science because it Because of a supposed resem¬ marked the start of an epoch in two blance to the bustard in Europe, the essential fields of zoological study: early French explorers, beginning systematics or taxonomy, and no¬ with Cartier in 1635, called this large menclature.”4 Linnaeus often used goose the outarde2 This was not an geographic descriptors for his spe¬ apt name, the bustard and the goose cies, such as brasiliensis, bahamen- being completely unrelated, with dif¬ sis, carolinus, and lapponicus; he ferent habits, and resembling each named the goose Branta canaden¬ other only in size. Later English ex¬ sis. Linnaeus in 1758 greatly plorers called it the grey goose or, extended the area considered as from its call, the honker.
    [Show full text]
  • Beijing Retail Guide
    BEIJING Cushman & Wakefield Global Cities Retail Guide Cushman & Wakefield | 2019 0 China’s national capital outperformed all other Chinese cities again in terms of total retail sales of RMB 1174.77 billion in 2018. The current stock of shopping centres is 6.6 million sqm of GFA. As well as having a resident population of 21.70 million, the Beijing retail market also benefits from being a centre of government and tourism. Gifting, which is deep-rooted in Chinese culture, has historically been a major factor boosting the sales of luxury brands, however in recent years this has been restricted by government. Over 200 million tourist nights in Beijing also provide a boost to retail sales. BEIJING OVERVIEW Cushman & Wakefield | 2019 1 BEIJING KEY RETAIL STREETS & AREAS XIDAN WANGFUJING Xidan is a well known traditional city-level retail submarket Wangfujing is located in the Dongcheng District and is one which is particularly popular amongst the youth. Xidan of the Chinese capital's most famous shopping areas. The currently has a mix of shopping centres and department majority of the main shopping area is pedestrianised and stores totalling around 626,945 sqm, but is best known for is a very popular shopping destination for both tourists Joy City, which houses an exciting range of mid market and residents of the capital. Here, established malls and brands including Apple, UNIQLO and Zara. Xidan’s retail street shops offer a range of brands ranging from Louis area has moved up-scale with new brands like Sandro, Vuittion, Chanel, Burberry and Zegna to LEGO, Apple, Maje, Victoria‘s Secret , etc, which has brought some Pandora, ba&sh and NEIWAI.
    [Show full text]
  • Canada Goose Habitat Modification Manual
    CANADA GOOSE HABITAT MODIFICATION MANUAL DONALD S. HEINTZELMAN Friends of Animals’ Position Statement on Egg Addling Just as the world-renowned ornithologist Roger Tory Peterson opposed Mute Swan egg addling, Friends of Animals also opposes addling of Canada Goose eggs. Addling – destroying eggs by shaking, piercing, or coating the eggs with oil – is invasive and traumatic for these famously protective nesters. Indeed, Canada Goose parents are so protective of each other, of their nests, and of their young, that some have been known to challenge approaching vehicles. When agitated, these birds can knock human intruders off their feet, so addlers tend to approach in groups of two to four people, normally carrying some sort of fending tools – often brooms, bats or paddles. Geese can easily break umbrellas. The Conservation Commission of Missouri even recommends using dogs to deal with defensive geese.¹ Thus, merely getting to the nest requires tangling with frantic parents, an unknown percentage of whom are injured or killed in the process. And incorrectly piercing or shaking an egg can leave an embryo alive but deformed. The destruction of eggs or nests may be combined with other means of ejecting geese from a given locality. Biologists who collar and track geese have found that a percentage of the “resident” or non-migrating geese, mostly juveniles, actually do understate a northward summer migration, sometimes into Canada, to molt.² Maryland’s Department of Natural Resources suggests that such “molt migrations” could be induced by the
    [Show full text]
  • CALGARY Cushman & Wakefield Global Cities Retail Guide
    CALGARY Cushman & Wakefield Global Cities Retail Guide Cushman & Wakefield | Calgary | 2018 0 Calgary has evolved into a home of luxury retailers, world class restaurants and one of Canada’s premier shopping destinations. Built on the strength of the energy sector and entrepreneurial community, Calgary will have one of the highest GDP growth rates and labour force participation rates of the major cities in Canada in 2018. Over the past 10 years the city has had the highest population growth of major cities in Canada, with 64% of these new migrants arriving from international destinations. Calgary’s GDP is expected to grow 1.8% in 2019 with retail sales anticipated to gain 2.4%. Calgarians are among the top earners in Canada and with a higher level of disposable income, the luxury retail market has thrived; gaining international attention from retailers looking to expand into Canada. Fifty International brands entered Canada in 2017 including Nordstrom Rack and Saks Fifth Avenue; both of which have opened locations in Calgary as it is the major urban centre for the entire southern half of the province of Alberta. The CORE remains one of the busiest shopping centres in the city but despite this pedestrian traffic, Calgary’s luxury retail is largely located in malls located outside of the downtown area such as Chinook Centre and Market Mall which are more easily accessible. Late in 2018, Paris-based luxury fashion retailer Louis Vuitton opened its first standalone store in Chinook Centre covering 4,450 square feet; and closed its concession at Holt Renfrew in Calgary’s CORE.
    [Show full text]