financetom
Business
financetom
/
Business
/
PVH is Being Investigated by China's Commerce Ministry for Allegedly Boycotting Xinjiang Products
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PVH is Being Investigated by China's Commerce Ministry for Allegedly Boycotting Xinjiang Products
Sep 24, 2024 6:02 AM

07:54 AM EDT, 09/24/2024 (MT Newswires) -- PVH (PVH), owner of clothing brands Calvin Klein and Tommy Hilfinger, is being investigated by China's Commerce Ministry for suspected violations of China's market trading principles.

PVH has 30 days to submit documentation and evidence to discuss whether there were any "discriminatory measures" against products from Xinjiang over the past three years, such as a boycott, the ministry said.

In a separate statement, the ministry said the US company is suspected of boycotting Xinjiang cotton and other products "without any factual basis."

PVH didn't immediately respond to an MT Newswires' request for comment.

Price: 97.09, Change: +0.15, Percent Change: +0.15

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US judges say Starbucks' 'vibe' may justify limits on union apparel
US judges say Starbucks' 'vibe' may justify limits on union apparel
Nov 12, 2025
Nov 12 (Reuters) - A panel of U.S. appeals court judges on Wednesday voiced concerns that the National Labor Relations Board has gone too far in policing employers' restrictions on workers wearing union apparel, grappling with the issue in a case involving Starbucks ( SBUX ). Starbucks ( SBUX ) is challenging an NLRB ruling that said the company violated...
Canada's Nexus Industrial REIT Q3 NOI down, lowers annual NOI growth outlook
Canada's Nexus Industrial REIT Q3 NOI down, lowers annual NOI growth outlook
Nov 12, 2025
Overview * Nexus Industrial REIT's Q3 net income improves, driven by fair value adjustments * Q3 NOI decreases 1.1% yr/yr due to property dispositions, offset by industrial Same Property NOI growth * Company completed two development projects, expected to add C$6.6 mln annual stabilized NOI Outlook * Nexus anticipates 3% Same Property NOI growth for full-year 2025 vs mid-single-digit growth...
Canada's NXT Energy Solutions YTD revenue jumps to C$14.21 mln
Canada's NXT Energy Solutions YTD revenue jumps to C$14.21 mln
Nov 12, 2025
Overview * NXT Energy Solutions YTD 2025 revenue grows significantly due to African and Southeast Asia projects * Company reports YTD net loss narrowed to C$1.08 mln Outlook * Company has deployed its acquisition team to Pakistan, expects to deliver SFD® survey results for AEPL in Q4 2025 Result Drivers * PROJECT EXECUTION - Revenue growth driven by African and...
FutureCrest Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing November 17, 2025
FutureCrest Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing November 17, 2025
Nov 12, 2025
New York, NY, Nov. 12, 2025 (GLOBE NEWSWIRE) -- FutureCrest Acquisition Corp. (the “Company”) today announced that commencing November 17, 2025, holders of the units sold in its initial public offering (the “Units”) may elect to separately trade the Class A ordinary shares and warrants included in the Units. Each Unit consists of one Class A ordinary share and one-quarter...
Copyright 2023-2026 - www.financetom.com All Rights Reserved