The coronavirus outbreak is apparently affecting the retail world in China, at least for companies like Canada Goose. The luxury retailer stated that the virus is negatively impacting their sales. Canada Goose provided details in a press release of its third quarter fiscal highlights.\nThe company reported that the outbreak is presenting "a material negative impact" on its earnings and that it has "resulted in a sharp decline in customer traffic and purchasing activity."\nSales in greater China from both online and in-store purchases have apparently experienced "significant reductions in revenue."\nStores in North America and Europe have also been affected. Canada Goose says this due to global travel restrictions. Narcity has reached the company for more information and we will update the story once we hear back.\nCanada Goose chief executive Dani Reiss told analysts in a conference call, "Understandably, people are staying home and avoiding shopping for their own health and safety in China and abroad," says a report from the Canadian Press via Global News.\nReiss also expressed his concern over the company's staff working in China. "The health and safety of our team in Greater China is our top priority, and we are closely watching the situation and adjusting our operations as needed in co-operation with the local authorities," he said.\nCanada Goose has also donated about $190,000 to the Wuhan Charity Foundation, reports the Canadian Press. The funds go toward helping to combat coronavirus.\nView this post on Instagram “It’s exciting anytime your work is printed. We live in such a digital world where everything is on screens. It’s really nice to see your work come to life like this.” This week, @wardkweskin celebrated the opening of “Awaken: Spring In New York City.” This pop up photography exhibit in our Soho store, which features some of their original work and other emerging photographers, runs until March 31. Want to know the story behind some of the images? Head over to our Stories for their POV #CGxNYC #DryAnywhere A post shared by Canada Goose (@canadagoose) on Mar 10, 2019 at 1:24pm PDT\nWhile the company's own document indicates that the supply chain has not been affected by the worldwide outbreak, it does say that there is no way of knowing how long the interruptions to sales may last.\nView this post on Instagram Not a news flash: it rains a lot in London. Living there has made @cianobasmith kind of an expert in good raincoats – and this one really impressed him. “The material is incredible,” he says. “We were caught in a torrential downpour and I was completely dry underneath.” Explore #DryAnywhere and #Spring19 via link in bio. A post shared by Canada Goose (@canadagoose) on Mar 2, 2019 at 8:16am PST\nThe report also warns that future fiscal periods could still be affected. Prior to the outbreak, Canada Goose had grown its business in China, doubling its revenue in the third quarter.\nThe company had previously predicted an annual revenue growth of 20 percent. However, that number is now somewhere between 13.8 and 15 percent, implying revenue of $945m to $955m.\nCanada Goose's stock took a hit in 2018 during a boycott of the brand in China. This came as a result of Huawei executive Meng Wanzhou's arrest in Canada.