US EditionBerkshire-Owned Brooks Plans China Expansion After Tariff Hit
5 Articles
5 Articles
The manufacturer of high-end running shoes like Brooks Ghost aims to have 30 stores there by 2027, after opening its first store in China this year
Brooks Runnin, the U.S. sports shoe firm of Warren Buffett since 2006, plans an ambitious expansion in China as part of its strategy to maintain its solid growth rate. Seattle-based company hopes to reach $2 billion (mdd) in revenue and open 30 stores in Chinese territory by 2027, after inaugurating its first location in that country this year. Running is a booming activity in China. It is investing in health and well-being, and infrastructure i…
Tariff turmoil leaves Canada’s ecommerce sector unable to plan ahead
Canadian ecommerce has been left in something of a holding pattern amid tariff turmoil from the southern neighbour and, fresh from announcing a huge cut in staff numbers, UPS appears on the hunt for gig drivers to meet online demand. It has been an up and down few weeks for Canada in its relations with the US, with the hard work put in by prime minister Mark Carney to win round ... The post Tariff turmoil leaves Canada’s ecommerce sector unable …
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