China to probe Calvin Klein parent over Xinjiang ‘disruptions’
From CNBC: 2024-09-24 05:38:03
China’s Ministry of Commerce launches probe into PVH Group over Xinjiang supply chain disruptions on “unreliable entities” list. U.S. plans to ban cars with China or Russia-linked hardware/software. PVH faces allegations of discriminatory measures, disrupting normal transactions. Xinjiang region under scrutiny for alleged forced labor. PVH reports 4.3% international revenue drop, distancing from Xinjiang sourcing in corporate responsibility report.
Read more: China to probe Calvin Klein parent over Xinjiang ‘disruptions’