Tims China has been rapidly expanding since opening its first coffee shop in China in February 2019. It was founded as a partnership between Cartesian Capital Group and Restaurant Brands International Inc. Other key executives include Dong Li ( CFO), and Bin He (Chief Consumer Officer).Ĭommonly known as Tims China, THCH is the master franchisee of Tim Hortons coffee shops in China. The company is led by Yongchen Lu, who serves as the CEO. I wouldn't take a huge position in it, but for those people looking for a pure play and not willing to gamble on Luckin Coffee (more on this later), I think THCH is worth a shot. I believe it is a good play on the increasing consumption of coffee in China. The company is a subsidiary of Tim Hortons Inc. “Hockey Canada’s corporate partners have been very supportive and those who have remained with Hockey Canada have communicated a desire to be a part of changing the culture of the game in a positive way,” he said in an email.TH International Limited ( NASDAQ: THCH) is a company that operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Those steps include requiring all national team athletes, coaches and staff to complete training on sexual violence and consent, establishing an independent third-party to handle complaints and adopting a code of conduct meant to address mistreatment. Since last year, Hockey Canada spokesperson Jeremy Knight pointed out that the organization has taken several steps to improve the sport’s culture and safety. She feels sponsors could have held out for more change because “the power is with the brand.” “I feel to make all sport better, you have to look at those things and really get good hard answers and I don’t feel we’ve had them yet,” Bradish said. The government restored the funding in April. Hockey Canada and the Canadian Hockey League eventually settled a lawsuit linked to the incident, which prompted the federal government to freeze Hockey Canada’s access to public funds. hotel room while intoxicated by eight members of the country’s 2018 world junior hockey team in June 2018. “People really have lost sight sometimes in rooms I’m in and conferences I’m in on what started all this,” she said.īradish was referencing a woman who came forward alleging she was sexually assaulted in a London, Ont. “We remain committed to continuing working with Hockey Canada to improve inclusivity and transparency within Canada’s game.”Ĭheri Bradish, a sports marketing professor at Toronto Metropolitan University, was “somewhat disappointed” brands are partnering with Hockey Canada again because she said she doesn’t believe there’s “substantial evidence” that Hockey Canada has changed. “We will be cheering on Team Canada and wish all the players and coaching staff every success at this year’s tournament,” she said. Imperial spokesperson Keri Scobie said the organization had committed to having its logo on rink board signage at the world juniors. Hockey Canada’s website shows Imperial Oil has been a sponsor since 1981, while Telus has been backing the organization since 2004. Imperial Oil withdrew support from the world junior championship last June, while continuing to sponsor youth and women’s programs under its Esso brand. Telus spokesperson Saara Rahikka said the telecommunications giant decided to back the organization again because it is “committed to supporting changes that make the sport safe and inclusive for all and look forward to working with Hockey Canada and their new leadership team to help drive positive change, on and off the ice.” Telus and Esso had their logos on backdrops behind players conducting media interviews at the camp. The company’s logo was featured prominently on the boards of the rink where Canada’s men’s world junior team hosted a training camp this week. “We made it clear that we would only reinstate funding for Canada’s men’s teams when they did the work to regain the confidence of Canadians, and it appears to us that they have made substantial progress with new leadership,” said Tims spokesperson Michael Oliveira in an email. Federal government restoring funding to Hockey Canada.
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