Calvin Klein owner: 'Retail companies are not built to have their stores closed'

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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.

 

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So open them now!

CEO should be the guy who started the company.. not some gray hair suit

DeepThoughts

More like Calvin Klein wasn’t built for 2020

News flash noones business is meant to closed for long periods of time like this

It’s called “bankruptcy...”

People have to work in those stores. If the people are sick or terrified of getting sick, the model still doesn’t work. People are the key to profits 👍🏾

Not at all! Any longer and many will not make it

Nothing is built to have its doors closed...well maybe some liberal nonprofit scam organizations

This is really bad news for me.... CK makes clothes that fit me with no tailoring... But because of this idiot I will have to boycott the brand...

I wonder what qualifications you need to be able to come up with comments of that calibre?

Public Health overrides EVERYTHING ELSE!!

No shit !

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 /  🏆 12. in JP

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