Editor
A recession this autumn isn’t a certainty — in the US anyway — but some retailers appear to be battening down the hatches.
This week, PVH Corp., the American parent company of Tommy Hilfiger and Calvin Klein, announced plans to lay off 10 percent of its global workforce as it cut its full-year outlook. The company cited inflation, which it said was one of many challenges putting pressure on discretionary spending.
PVH is among the first…
