China said Tuesday it was investigating U.S. fashion group PVH Corp., which owns Tommy Hilfiger and Calvin Klein, for "unreasonably boycotting" cotton from its Xinjiang region, where Beijing is accused of widespread rights violations. The statement gave no details of the punishment PVH could face but it could be added to China's "unreliable entity list" which could see it fined …
NAIROBI, Kenya — Ethiopia’s once rapidly growing economy is taking another hit tied to its yearlong war, with global clothing manufacturer PVH Corp. saying it is closing its facility there because of the “speed and volatility of the escalating situation.” PVH, whose brands include Calvin Klein and Tommy Hilfiger, has been a marquee occupant of Ethiopia’s model industrial park in …
New York CNN Business — Coronavirus, massive amounts of debt and a shift in shopping habits created a lethal cocktail of bankruptcies and store closures in July. Justin Sullivan/Getty Images The once-trendy denim company filed for bankruptcy on July 3, explaining in a press release that the pandemic has “severely impacted sales across all channels.” Lucky Brand will immediately close …
