China to Investigate U.S. Retailer, Sending a Message Over Xinjiang

Published On Sep 24, 2024, 8:16 AM

PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, is under investigation by China's Ministry of Commerce for allegedly avoiding purchasing materials from Xinjiang, where the Chinese government has faced international criticism for human rights abuses, including forced labor against Muslim minorities, particularly the Uyghurs. This inquiry highlights the tensions multinational corporations face when dealing with conflicting pressures from the Chinese government and Western advocacy against human rights violations. PVH has 30 days to respond to the allegations made by the Chinese authorities.

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PVH Corp is likely to face increasing scrutiny and potential backlash from China due to this investigation. As a result, the company's sales in China, which is a significant market, may be negatively impacted, leading to a decline in stock value.

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