Business Closure
Ottawa's Kichesippi Beer Co. to close March 6 after 16 years amid craft beer woes
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Kichesippi Beer Co., an Ottawa craft brewery opened in 2010, will shut down on March 6 after operating at a loss amid heavy debt, COVID-19 fallout, rising costs and tariffs, and tightening consumer spending. Owner Paul Meek called himself heartbroken over ending what he built as a community hub, amid broader pressures hitting Canada's craft beer sector.
Australian motorcycle gear manufacturer Andy Strapz will cease operations after 30 years, with founder Andy White announcing a stepwise shutdown ending on June 20. The company, based in Seaford near Melbourne, has produced all its products locally. White plans to shift focus to adventure travel expeditions.
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Hong Kong's Sun Nga Shing Umbrella Store, a 183-year-old family business, is closing by month's end. Fifth-generation owner Yau Yiu-wai, 73, cited unviable trade and health issues for the painful decision. The announcement has drawn crowds of nostalgic customers to the Sham Shui Po shop.