Home > Economy > China probes US firm PVH over suspected boycotting of Xinjiang products

China probes US firm PVH over suspected boycotting of Xinjiang products

2024/09/25 27

BEIJING (Reuters) – China will launch an investigation into PVH (NYSE:PVH), the parent company of Calvin Klein and Tommy Hilfiger, for suspected violations of market trading principles regarding Xinjiang-related products, the commerce ministry said on Tuesday.

© Reuters. FILE PHOTO: Clothing by Calvin Klein, a brand owned by PVH Corp., is pictured for sale in a store in Manhattan, New York City, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Photo

The U.S. company must provide documentation and evidence within 30 days detailing any “discriminatory measures” taken regarding Xinjiang products over the past three years, the ministry said in a statement.

Additionally, the ministry noted in a separate statement that PVH is suspected of “unjustly boycotting” Xinjiang cotton and other products “without factual basis”.

About Cryptoopia

Cryptoopia is a global financial website that provides content on stock markets, cryptocurrencies, commodity investments, foreign exchange, and economics. Our motto is “One platform, global access”, meaning that our platform is accessible to everyone around the world. No matter where you are, you can access information and investment opportunities in the global financial markets through our platform. We are committed to providing convenient and comprehensive financial services to global investors, making your investment journey smoother and more accessible.