US clothing company PVH close stores in Russia, Belarus as of Monday

Company owns popular brands such as Tommy Hilfiger, Calvin Klein, Kenneth Cole New York, Michael Kors

By Ovunc Kutlu

ANKARA (AA) - American multinational clothing company PVH Corp. announced that it is temporarily closing stores and pause all commercial activities in Russia and Belarus as of Monday.

"Throughout the last 10 days, PVH’s first concern has been for all people suffering due to the war in Ukraine and escalating humanitarian crisis," the company said in a statement on Instagram.

PVH Corp. suspended its e-commerce sites in Russia on Feb. 28.

The company owns popular brands such as Tommy Hilfiger and Calvin Klein, in addition to licensing brands such as Kenneth Cole New York and Michael Kors.

Amid Russia's war on Ukraine, Spanish textile retailer Mango, textile retailer H&M and British retailer Marks & Spencer ceased businesses with and suspended exports to Russia last week.

Be the first to comment
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.

Money News