Aritzia, Canadian Tire, Lululemon among Canadian retailers shifting production outside China [Video]

While recent headlines have focused on Donald Trump’s threatened tariffs against Canadian products, retailers in this country have also been considering the possible impact of additional tariffs he’s threatened on goods coming from China. 

This could affect Canadian brands that manufacture products overseas and sell them south of the border. That includes Groupe Dynamite, Aritzia, Lululemon and Canadian Tire — all of which have been asked about tariff threats during their latest earnings calls. 

“Knowing that there’s going to be a transition in the first quarter of the year, we’ve already taken steps — I won’t get into the percentage — but we’ve already taken steps to move more production out of China,” said Andrew Lutfy, CEO of Groupe Dynamite, on a recent call with investors. 

Groupe Dynamite, a Montreal-based clothing company, has been expanding in the U.S. since 2007, and has 109 Garage stores and five Dynamite stores south of the border, according to its latest investor presentation.

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