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Nearly Half of Global CFOs Expect to Lay Off or Furlough Staff

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

In addition to having far-reaching human health implications, the coronavirus outbreak is dealing a major blow to the world’s economy. A study released this week by PwC, which tracked sentiment data from more than 150 finance executives from regions across the globe, revealed that the majority of leaders (67 percent) worry the pandemic could throw…

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