Tag: canada

  • Chery Explores Canada Factory Plans Ahead of 2027 Retail Debut

    Chery Explores Canada Factory Plans Ahead of 2027 Retail Debut

    Chery is evaluating options to manufacture vehicles in Canada ahead of a planned retail sales rollout in 2027.

    Executive vice president Zhang Guibing confirmed the automaker is examining idle manufacturing capacity at existing Canadian automotive assembly plants while speaking with local investment partners.

    The plan involves either acquiring spare production lines or constructing assembly operations alongside regional backers. Canada holds viable commercial demand on its own merits without needing vehicle access across the United States border, Zhang said during briefings at the company headquarters in Wuhu, Anhui province.

    Tariffs and Bilateral Import Quotas

    Ottawa updated its trade rules for Chinese-built electric models following an agreement struck in January. That pact established an entry quota allowing 49,000 imported Chinese electric vehicles per year at a most-favoured-nation tariff rate of 6.1 per cent, with volume thresholds scheduled to climb annually.

    Washington maintains high tariff barriers alongside technological bans that effectively shut Chinese brands out of the American domestic network. United States officials have stated that Chinese-badged passenger cars assembled or routed via Canadian hubs will face border blockades. Establishing Canadian assembly grounds gives Chery a domestic base insulated from third-party cross-border restrictions.

    Canadian Industry Minister Melanie Joly travelled to China in June for talks with Chery, Geely and BYD regarding local joint ventures. Charlie Zhang, vice president at Chery, conducts direct discussions with Joly regarding factory structures.

    Offshore Factory Expansion Across Key Continents

    Domestic automotive price wars inside mainland China have forced original equipment manufacturers to secure higher margin vehicle volume outside Asia. Assembling cars inside host territories shields carmakers from emergency tariffs while cutting maritime logistics costs.

    Chery already operates a joint venture manufacturing facility in Spain. The group acquired Nissan’s former production plant in South Africa to anchor distribution across the continent, while assessing manufacturing slots inside Nissan’s Sunderland facility in the United Kingdom.

    Rival brands from China are following identical tracks into the Canadian car market. Geely confirmed plans on October 9 to deliver its opening vehicle range to Canadian showrooms in 2027, while BYD has reviewed site locations to establish domestic vehicle production.

    Timeline for Production and Sales Milestones

    The outreach to North America follows an active model offensive across international auto markets, including the display of Chery’s Jetour G700 sports utility vehicle at the Beijing Auto Show in April 2026.

    Operating within Canada enables Chinese carmakers to test local consumer acceptance, dealer network recruitment and service logistics before taking on broader Western vehicle markets. The main commercial risk sits with supply chain integration, as component suppliers must establish local links to keep production lines viable.

    Canadian government ministries are reviewing partner submissions as Chery vets prospective factory facilities before its planned retail vehicle launch in 2027.

  • Miniso Launches First Overseas Super Miniso Store in Canada

    Miniso Launches First Overseas Super Miniso Store in Canada

    Miniso opened its first overseas Super Miniso store on October 10 at Square One Shopping Centre in Mississauga, Ontario. The location spans 1,000 square metres.

    Shelves carry more than 5,000 intellectual property-driven stock keeping units. Categories span character merchandise, beauty, travel accessories and everyday lifestyle products.

    This debut brings the full Naruto collection and Stitch Hit Snooze range to Canada for the first time. Upcoming product drops feature Demon Hunter, Chiikawa, Mofusand and Marvel. Miniso will also roll out its proprietary character IP, YOYO, and more than 100 Hello Kitty and Friends products.

    Inside the 1,000-Square-Metre Format

    The Super Miniso concept departs from the chain’s traditional small-footprint layout. Utility shelving gives way to character-themed shows and experiential floor zones built directly into commodity aisles.

    Floor plans blur the line between discretionary collectibles and regular consumable household goods. High-margin licensed items sit in front-of-store lifestyle displays rather than back corners. The strategy targets higher basket sizes.

    The IP Economics of Variety Retail

    For Chinese value retailers operating abroad, licensed character merchandise is the primary lever to lift gross margins. Generic stationery and plastic organizers yield low ticket averages. Co-branded anime and Disney items command higher price points with minimal extra production costs, helping shed the discount dollar-store label.

    Risk lies in inventory turnover and licensing commitments. Securing regional rights for Japanese anime franchises and Western entertainment properties demands minimum guarantee payments that only large-format, high-footfall sites can support. If footfall drops or trends shift quickly, slow-moving licensed stock ties up working capital faster than basic household sundries.

    A Four-Store Canadian Cluster

    Mississauga represents phase one of a Canadian expansion running through October and November 2026. Four themed large-format stores will open across the country in that two-month window.

    Three locations in Mississauga, Winnipeg and Montreal will adopt the Super Miniso balance of curated lifestyle goods and IP collections. A fourth site in Toronto will debut the Miniso Land format. That entertainment-focused concept drops basic lifestyle items in favor of an immersive character park environment.

    West Edmonton Footprint and Next Openings

    Miniso tested large-scale Canadian demand in November 2025 with a 1,000-square-metre store at West Edmonton Mall. Featuring 5,000 IP lines, the opening set a single-day sales record for its North American operations. The chain followed that in April 2026 with a dedicated Hello Kitty and Friends pop-up in Toronto.

    Next up are store rollouts across the three remaining Canadian sites through November 2026, alongside initial sales performance data from the Toronto Miniso Land launch.

  • Philippines and Canada on Track to Conclude Free Trade Deal by Year-End

    Philippines and Canada on Track to Conclude Free Trade Deal by Year-End

    Manila and Ottawa have resolved major roadblocks to a landmark free trade agreement during their fourth round of negotiations, putting the deal on track for conclusion before year-end.

    In 2025, bilateral trade reached $2.15 billion, with Canada taking in $1.31 billion worth of Philippine goods, equivalent to 1.5 percent of total exports.

    Resolving Agricultural Access and Tariff Roadblocks

    Substantial progress was made during talks held in Toronto from Sept. 8 to Sept. 11, with Philippine Trade Undersecretary Allan Gepty confirming that negotiators will address remaining issues through smaller meetings and online exchanges rather than another full round.

    Agricultural tariffs represented the main point of contention during the Toronto talks, mirroring past Philippine trade negotiations with the European Union and Chile. Manila sought protection for domestic farming sectors while pushing for broader access for its food exporters across Canadian grocery shelves.

    Expanding North American Supply Lines

    For Philippine consumer brands and food manufacturers, a completed pact opens direct duty-free channels into Canada without navigating third-party transshipment hubs. Importers in Manila gain cheaper access to Canadian agri-food commodities, processed foods, and cold-chain inputs, which will lower sourcing costs for local supermarket operators.

    Canadian retailers and industrial suppliers also gain formal investment protections and clearer intellectual property rules across the Philippine market. The deal will serve as Manila’s first direct bilateral free trade treaty with a North American economy.

    Fast-Tracked Talks Across Asia-Pacific

    Official negotiations between both governments began in February 2026. Beyond tariffs on physical goods, the working texts cover service exports, business visa mobility, cross-border investments, digital commerce safeguards, and anti-corruption standards.

    Canadian International Trade Minister Maninder Sidhu arrived in Manila on Sept. 21 for two days of consultations with Association of Southeast Asian Nations economic ministers. Ottawa is running parallel regional trade talks with ASEAN alongside comprehensive partnership negotiations with India.

    Final Review Steps Before Year-End Ratification

    Legal teams from both sides will scrub the agreed treaty text through October before presenting the final document for executive signatures.

    Both governments target formal signing by December 2026, after which the treaty heads to the Philippine Senate and the Canadian Parliament for domestic ratification.

  • Lululemon Appoints Heidi O’Neill as CEO After Comparable Sales Drop Nine per Cent

    Lululemon Appoints Heidi O’Neill as CEO After Comparable Sales Drop Nine per Cent

    Former Nike executive Heidi O’Neill took charge of Lululemon on September 8 after second-quarter comparable sales dropped nine per cent.

    Net revenue fell four per cent year over year. In the United States, comparable store sales sank 12 per cent.

    The Vancouver-based activewear company lowered its full-year financial outlook and scaled back its physical retail pipeline. Lululemon now plans to open 35 net new stores in 2026, down from an earlier target of 40. It will also trim its operational pop-up fleet to about 40 locations, down from 65 at the end of last year.

    Slowing Demand Hits Global Expansion

    For landlords and retail operators across Asia and the Pacific, the pullback signals that premium athleisure no longer guarantees footfall. Rapid international sales growth previously cushioned softening retail demand in North America. That buffer eroded in the second quarter when international comparable sales slipped into decline.

    Fast-growing rivals such as Vuori and Alo Yoga continue to capture shelf space and customer loyalty across key metropolitan hubs. Lululemon must defend high price points without the product novelty that originally justified them. That leaves franchise partners and department store landlords facing softer conversion rates.

    Product Fatigue and Pricing Pressure

    Expansion into non-core lifestyle categories failed to resonate with shoppers looking for technical performance. High price tags compounded the problem as consumers rejected premium pricing on basic assortments.

    “The reason they are is that Lululemon has gone firmly off the boil,” said Neil Saunders, managing director at GlobalData.

    O’Neill’s operational task centres on rebuilding the product engine rather than relying on discounts. Americas revenue slipped three per cent in the first quarter, then dropped eight per cent in the second quarter. Core customer fatigue is accelerating.

    Targets for the Turnaround

    Momentum has slowed over several quarters. The brand built its original market dominance on proprietary yoga fabrics and studio ambassador networks. Aggressive international scaling then diluted its product focus and slowed its development cycles.

    Investors and retail property operators are tracking O’Neill’s initial 90-day operating review and the third-quarter earnings release. Progress against the revised 35-store opening plan will show whether core product fixes can stabilise full-price sales.

  • PharmaResearch Rolls Out Rejuran Cosmetics Across 148 Sephora Canada Stores

    PharmaResearch Rolls Out Rejuran Cosmetics Across 148 Sephora Canada Stores

    South Korea’s PharmaResearch launched its Rejuran Cosmetics skincare line across all 148 Sephora Canada stores on Sept. 1.

    The nationwide rollout places eight product formulations, including its Turnover Ampoule and Dual Effect Ampoule, into Canadian retail stores alongside Sephora’s online channel.

    Featured on Sephora Canada’s Skincare Next Big Thing Wall, the collection relies on c-PDRN, a cosmetic ingredient purified from wild salmon DNA. PharmaResearch developed the compound from the polynucleotide technologies it uses in its injectable aesthetic skin boosters sold across more than 50 countries.

    Translating Clinical Injectables to Prestige Shelves

    The Canadian retail launch extends a clear playbook: converting medical aesthetic brand equity into mass prestige topical products. Consumers familiar with professional clinic procedures in Asia are increasingly seeking the same bio-active ingredients in daily skincare regimens.

    “Through a tailored omnichannel strategy, we aim to build meaningful connections with Canadian consumers and strengthen our market presence,” said Jooyeon Song, Head of Cosmetics at PharmaResearch USA.

    Margin Pressures and Shelf Competition

    Derma-cosmetic brands derived from Asian pharmaceuticals face a different commercial environment in North American retail compared to domestic clinic networks. Prestige beauty retailers demand heavy promotional support, co-op marketing fees, and dedicated floor space allocations that can compress wholesale margins if inventory turns slow down.

    Competition on the derma-skincare wall is intense. Rejuran must defend shelf share against entrenched clinical lines and lower-priced Korean skincare competitors already commanding established followings across Canadian cities.

    US Manufacturing Shapes North American Strategy

    In July, PharmaResearch agreed to acquire California contract manufacturer Cosmetic Group USA to secure domestic production capacity and stabilize supply lines across the Americas. That transaction followed the brand’s US retail debut in Sephora stores earlier in the year and coincided with a concurrent retail entry into Sephora Singapore.

    PharmaResearch will now focus on closing the integration of Cosmetic Group USA’s production facilities to supply North American retail channels directly and cut transpacific freight lead times from its Gangneung base.

  • Chinese Electric Vehicle Makers Prepare Canada Launch with Lower Cost Models

    Chinese Electric Vehicle Makers Prepare Canada Launch with Lower Cost Models

    Chinese electric vehicle manufacturers are preparing shipments to Canada, offering advanced vehicle technology at price points below established North American competitors.

    Domestic assembly plants across China have scaled output to supply overseas export corridors as international distribution plans advance.

    Export expansion into North America

    Production lines inside Chinese EV facilities are shifting capacity toward global specifications. Manufacturers have focused on software integration, high-voltage battery architecture, and cabin electronics to compete directly with legacy marques.

    Canada represents a key entry corridor in North America. Integrated local supply chains and battery manufacturing scale allow Chinese carmakers to price vehicles competitively even after international freight costs.

    Pricing pressure and regulatory hurdles

    Competitive pricing remains the primary lever for Chinese automakers entering developed automotive markets. By controlling component supply, cell manufacturing, and digital operating systems in-house, these plants maintain substantial production cost margins.

    Establishing certified retail networks and securing federal safety approvals in Ottawa remain the operational steps ahead of the first scheduled consumer deliveries.

  • Lululemon Cuts Full-Year Forecast to US$10.35 Billion as Sales Slide

    Lululemon Cuts Full-Year Forecast to US$10.35 Billion as Sales Slide

    Lululemon Athletica lowered its full-year sales forecast to between US$10.35 billion and US$10.5 billion, posting its second consecutive guidance downgrade in three months.

    Comparable store sales dropped 9 per cent across the second quarter ended August 2, falling below market estimates and marking the company’s first quarterly decline on that metric since the pandemic.

    Shares tumbled 15 per cent in extended trading in New York following the announcement. The activewear maker has seen its equity lose more than 40 per cent of its value in 2026, trading at less than a quarter of its late-2023 record high.

    Slumping Americas and Rising Rivals

    Revenue in the Americas contracted 8 per cent during the quarter, while women’s apparel sales slipped 4 per cent. International revenue offered the lone bright spot, rising 4 per cent across overseas markets.

    Discounts and design missteps have eroded the brand’s pricing power across primary markets, opening space for fast-growing athleisure competitors such as Alo and Vuori. In Asia-Pacific, where premium sportswear demand has remained relatively steady, Lululemon faces a tight battle against agile regional entrants alongside these expanding Western labels.

    “While we continue to navigate some challenging dynamics, we are taking a prudent approach with our revised full-year outlook,” interim co-chief executive Meghan Frank said.

    Leadership Handover and Boardroom Truce

    Former Nike executive Heidi O’Neill assumes the chief executive role next week, concluding a four-month transition period after her appointment. She inherits depleted executive ranks following several senior departures this year.

    O’Neill must also manage relations with billionaire founder Chip Wilson. Wilson entered a cooperation pact with the board in May, agreeing to regular strategy sessions with O’Neill and an 18-month freeze on public criticism.

    Her first major operational milestone arrives with the release of third-quarter earnings in December, when investors will assess whether the product pipeline can arrest the slide in North American foot traffic.

  • Jason Archer Ascends to APAC MD Role at Canada Goose: Driving Expansion and Luxury Presence in Asia

    Jason Archer Ascends to APAC MD Role at Canada Goose: Driving Expansion and Luxury Presence in Asia

    Canada Goose, the luxury outerwear retailer, has recently appointed Jason Archer as Managing Director (MD) of the Asia Pacific region (APAC). This move signifies the brand’s strategy to strengthen its luxury positioning and extend its market footprint in the region.

    Role and Responsibilities

    Jason Archer, based in Hong Kong, will report directly to the President of APAC for Canada Goose, Daniel Binder. His key responsibilities will involve steering the region’s strategy, managing commercial execution, and supervising operations.

    Archer brings more than twenty years of professional experience to the role. Prior to his promotion, he held the position of Senior Vice President, APAC operations and business development for Canada Goose.

    Impressive Track Record

    Over his tenure at Canada Goose, Archer has already made significant strides in the company’s development. His accomplishments include driving double-digit revenue growth within the APAC region, enhancing the brand’s direct-to-consumer performance, and ensuring brand consistency across various markets.

    Binder expressed his confidence in Archer, stating that his excellent work has significantly strengthened the company’s regional operations. He further stated, “With his global experience and strong leadership, Archer is the right person to guide us forward and unlock the brand’s full potential.”

    Noteworthy Appointments

    In another significant move in 2024, Canada Goose had appointed French designer Haider Ackermann as its inaugural Creative Director, thereby highlighting its commitment to further enhancing its luxury positioning.

    Questions & Answers

    Who is the newly appointed MD of APAC for Canada Goose?
    Jason Archer has been appointed as the new Managing Director of APAC for Canada Goose.

    What are the key responsibilities of his new role?
    His main responsibilities will be to steer the region’s strategy, oversee commercial execution, and supervise operations.

    What has Jason Archer accomplished in his tenure at Canada Goose?
    Archer has driven double-digit revenue growth in the APAC region, enhanced the brand’s direct-to-consumer performance, and ensured brand consistency across various markets.

  • Heytea Unveils First Experimental ‘Lab’ Store in Canada at Toronto Eaton Centre

    Heytea Unveils First Experimental ‘Lab’ Store in Canada at Toronto Eaton Centre

    Heytea, a renowned Chinese tea chain, has recently expanded its global presence by launching its pioneering ‘Lab’ store in Canada, situated in the bustling downtown Toronto Eaton Centre. This addition to the Toronto cityscape represents a significant milestone in the expansion of the bubble tea market segment.

    Encompassing an area of 1800 square feet, the ‘Lab’ store, strategically located on the mall’s main level, is a deviation from Heytea’s conventional store design. The ‘Lab’ concept focuses on offering a range of limited-edition and innovative products instead of a standard fixed menu.

    This unique Toronto location features an exclusive selection of eight beverages, only available at this site. Many of these drinks are centred around a ‘Rock Oolong’ tea base, which Heytea leverages to enhance the appeal of its premium-priced and specialty products.

    Furthermore, the ‘Lab’ store’s menu also showcases collaborative creations developed with esteemed Toronto chef, Susur Lee. These innovative offerings incorporate high-end ingredients, including caviar, into select beverages and desserts.

    Heytea launched its initial foray into Canada in 2023 when it opened its first store in Vancouver. Since then, the company has continued to grow its Canadian presence, now boasting six stores across Vancouver and Toronto. The opening of the Toronto Eaton Centre location further solidifies its foothold in the country.

    Established in 2012, Heytea has established a significant global presence, operating approximately 4000 stores in over 330 cities worldwide. This includes more than 100 locations spread across Hong Kong, Macau, and various international markets, with over 45 stores in North America alone.

    Questions & Answers

    What is unique about Heytea’s ‘Lab’ store in Toronto Eaton Centre?
    The ‘Lab’ store deviates from Heytea’s typical store format, focusing on offering customers limited-edition and innovative products rather than a standard fixed menu.

    What specific beverages are available only at the Toronto ‘Lab’ location?
    The Toronto ‘Lab’ store offers an exclusive selection of eight drinks, many of which are centred around a ‘Rock Oolong’ tea base.

    What collaborative creations are included in the menu of Heytea’s ‘Lab’ store?
    The ‘Lab’ store’s menu features collaborative creations developed with renowned Toronto chef, Susur Lee. These unique offerings incorporate high-end ingredients like caviar into select beverages and desserts.

  • Cargojet Bolsters Global Presence: New Direct Air Cargo Service Bridges Canada and Europe

    Cargojet Bolsters Global Presence: New Direct Air Cargo Service Bridges Canada and Europe

    Cargojet Inc. has expressed delight in the launching of a direct air cargo service bridging Canada and Europe, set to commence on November 1, 2025. The service will establish a connection between Liege Airport (LGG), an outstanding cargo gateway in Europe, and the principal cargo hubs in Canada.

    Strengthening Transatlantic Ties

    Co-CEOs of Cargojet, Pauline Dhillon and Jamie Porteous, jointly remarked on the new service. They asserted that this move would further solidify the ties between Canada and Europe, in addition to offering broader opportunities for their clientele. They further noted that by leveraging Cargojet’s unmatched reputation for punctuality and dependability, the service is set to position Cargojet at the heart of transatlantic trade. This will effectively cater to the forwarder community’s changing demands by providing quicker transits, reliable service, and superior flexibility for shippers across both continents.

    Welcome to Liege Airport

    VP Marketing & Sales at Liege Airport, Torsten Wefers, voiced his excitement about welcoming Cargojet to Liege Airport, which is acknowledged as one of the top cargo hubs in Europe. He emphasized that this collaboration signifies a significant advancement for the LGG community and Europe-Canada logistics, providing new prospects and connectivity for their clients and partners.

    Expansion of Global Network

    This weekly service denotes a considerable broadening of Cargojet’s global network, guaranteeing customers reliable, time-sensitive capacity and improved intercontinental connectivity. Incorporated within Cargojet’s domestic overnight network, the route promises to offer streamlined connections throughout Canada, enhancing overall transit times and providing increased flexibility for freight forwarders, logistics providers, and shippers.

    The route, initially operating once a week, improves access to one of Europe’s most strategic cargo hubs, with intentions to amplify frequency as demand and opportunities persistently grow. This integration bolsters Cargojet’s long-term expansion design and reaffirms its status as a dependable associate in the global logistics market.

    Questions & Answers

    What is the significance of Cargojet’s new direct air cargo service?
    The service strengthens the ties between Canada and Europe, expands opportunities for Cargojet’s customers, and positions the company at the center of transatlantic trade.

    What benefits does the weekly service provide?
    The service extends Cargojet’s global network, offers reliable, time-sensitive capacity, and enhances connectivity across continents. It also provides streamlined connections throughout Canada and increased flexibility for freight forwarders, logistics providers, and shippers.

    What are the future plans for this route?
    Initially, the route will operate once a week, with plans to increase frequency as demand and opportunities continue to grow. This move supports Cargojet’s long-term expansion strategy in the global logistics market.

  • South Korean Eyewear Innovator, Gentle Monster, To Launch Flagship Store In Canada

    South Korean Eyewear Innovator, Gentle Monster, To Launch Flagship Store In Canada

    South Korean eyewear brand, Gentle Monster, is poised to make its debut in Canada with a flagship store set to open later this year at the Yorkdale Shopping Centre in Toronto. The store, which will span over 5,300 square feet, is located in the luxury wing of the mall, keeping company with other high-end brands such as Louis Vuitton, Thom Browne, and Acne Studios. The brand, known for its bold, trendsetting eyewear and unconventional store designs, is expected to bring a unique shopping experience to the Canadian retail landscape.

    A Unique Retail Experience

    Founded in Seoul in 2011 by Hankook Kim, Gentle Monster treats each of its stores as a standalone creative installation. Every location showcases a distinctive theme, emphasizing the brand’s commitment to providing not just a shopping venue, but a complete immersive experience for its customers. The upcoming Canadian flagship is anticipated to follow this creative trend, offering an art gallery-style environment that marries fashion, design, and immersive experiences.

    Product Offering

    Gentle Monster’s eyewear is typically priced between US$200 to $500. The brand launches over 20 new styles annually, maintaining a catalogue of more than 50 silhouettes. This steady stream of new products, along with the brand’s distinctive designs, helps to ensure Gentle Monster stays at the forefront of the fashion industry.

    Global Presence

    Gentle Monster currently runs 78 flagship stores across 13 countries, and its products can be found in over 200 partner retail locations worldwide. The brand’s expansion into Canada demonstrates its continuing ambition to increase its global reach.

    Questions & Answers

    What is Gentle Monster known for?

    Gentle Monster is recognized for its innovative, fashion-forward eyewear and unique store designs. Each store is treated as a unique creative installation, offering an immersive shopping experience for its customers.

    Where is Gentle Monster’s Canadian flagship store located?

    Gentle Monster’s Canadian flagship store will be located at the Yorkdale Shopping Centre in Toronto.

    What is the price range for Gentle Monster’s eyewear?

    Gentle Monster’s eyewear is typically priced between US$200 and $500. The brand launches over 20 new styles annually, maintaining a catalogue of more than 50 silhouettes.

  • Canada probes Ralph Lauren on alleged use of forced labor in China

    Canada probes Ralph Lauren on alleged use of forced labor in China

    Canada’s corporate ethics watchdog said on Tuesday it was investigating Ralph Lauren’s Canada unit to probe allegations the apparel retailer’s supply chain and operations in China used or benefited from the use of Uyghur forced labor.

    The Canadian Ombudsperson for Responsible Enterprise (CORE) said it had published an initial assessment report after complaints filed by a coalition of 28 civil society organizations in June 2022 against the Polo shirts maker.

    CORE said the report published detailed allegations the company had supply relationships with Chinese companies that use or benefit from the use of Uyghur forced labor.

    The watchdog said it was also looking into similar allegations for Canada-based mining and property investment firm GobiMin.

    Ralph Lauren and GobiMin did not immediately respond to Reuters’ requests for comment.

    A similar investigation was launched by CORE into Nike Canada and Dynasty Gold in July over allegations they have or had supply chains or operations in China identified as using or benefiting from the use of Uyghur forced labor.

    In the last couple of years, several large US and Canadian multinational companies have been accused of using Uyghur forced labor either directly or in their supply chains.

    CORE monitors and investigates human rights abuses mainly by Canadian garment, mining and oil and gas companies operating abroad.

  • Paris Baguette opens its first store in Canada

    Paris Baguette opens its first store in Canada

    Bakery cafe franchise Paris Baguette is opening its first Canadian storefront, kicking off the brand’s planned expansion into Canada. The bakery cafe offers coffee bar drinks, bread, pastries and cakes. Paris Baguette plans to open seven more locations across Canada this year, as well as more than 64 new storefronts in the United States.

    “The expansion of our bakery cafes into Canada marks an exciting period of growth for Paris Baguette,” said Darren Tipton, chief executive officer, Paris Baguette North America. “We can’t wait to celebrate moments of joy with our guests as we establish our neighborhood bakery cafes in Toronto and bring our vision to life throughout Canada.”

    The new Toronto location boasts a 2,300-square-foot cafe space with seating for up to 20 guests. An open kitchen design allows customers to observe bakers at work while a center island displays some of the cafe’s signature baked foods.

  • Vietnamese favor Canadian lobsters, snow crabs

    Vietnamese favor Canadian lobsters, snow crabs

    Vietnam spent US$65 million importing Canadian seafood, mainly lobsters and snow cabs last year, doubling 2021 imports and trebling 2020.

    Among Southeast Asian countries, Vietnam was Canadian’s biggest seafood importer, Steve Craig, Minister of the Department of Fisheries and Aquaculture of the Canadian province of Nova Scotia, said at a recent business networking event in HCMC.

    Although Vietnam is the world’s fourth largest seafood exporter with an annual turnover of $11 billion, it is still a fertile ground for Canadian products, he said, noting that Vietnamese are among the world’s top seafood consumers.

    Tran Van Truong, CEO of Royal Seafood chain, an official importer of Canadian seafood in large quantities, said the seafood is famous in Vietnam because their prices are always stable and often 5-20%, sometimes 40%, lower than imports other countries.

    Currently, in the Vietnamese market, Canadian lobsters are priced at VND1.4 million ($59.3) per kilogram, and Australian lobsters at VND2.4 million. The price of cod, oysters, and geoducks imported from Canada are also lower.

    Between 50 and 60 Vietnamese firms directly import Canadian seafood, and the number of Canadian seafood shops in Vietnam is rising.

    Canada will create more favorable conditions for Canadian and Vietnamese seafood to penetrate more deeply into each other’s markets, Craig said, stating that the Vietnamese market is very promising.

    Overall, bilateral trade between Canada and Vietnam was $14 billion last year, he said, noting that Vietnam is Canada’s biggest trading partner in Southeast Asia.

     

  • Canadian luxury jewellery brand Korite to expand to Asia

    Canadian luxury jewellery brand Korite to expand to Asia

    Canadian luxury jewellery brand Korite has named Kaimirra Tutan as its exclusive distributor in Asia.

    Kaimirra Tutan will bring Korite’s luxury lines of jewellery and ammolite gemstones to customers across Asian markets, including Malaysia, Singapore, Thailand, Vietnam, and South Korea. The partnership between the two jewellers follows the launch of Kaimirra Tutan’s flagship boutique in Malaysia’s shopping complex Mid Valley Megamall earlier this year.

    “Kaimirra Tutan gives us the ability to reach customers through their retail stores, e-commerce, and wholesale opportunities,” said David Lui, CEO at Korite. “This partnership not only allows us to work with another Canadian company, but it is also an essential element of our future growth and we couldn’t be more excited.”

    Founded in 1979, Korite specialises in ammolite gemstones and jewellery that is ethically mined and handcrafted by skilled artisans. Kaimirra Tutan is a luxury jewellery brand launched in 2010 in Toronto.

    In case you missed this news, Japanese bridal jewellery company I-Primo has opened its first Southeast Asia flagship store in Singapore after launching a pop-up in June.