With stores closed, the retail industry is struggling with inventory piling up in warehouses and no place to sell it, PVH CEO Manny Chirico said.
. The closures as expected to drag on for weeks if not months as the world tries to contain the coronavirus pandemic.
He said PVH does only about 15% of its business online, meaning it has lost 85% of traffic during the pandemic.
France Dernières Nouvelles, France Actualités
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