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Here’s What VF, Capri and Revolve Are Doing to Build Cash Reserves

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Fashion is girding its loins and getting its financial affairs in orders. VF, Revolve and Jimmy Choo owner Capri are among the latest fashion giants to review and bolster their cash positions to survive a pandemic that’s provoking unprecedented uncertainty and rendering brick-and-mortar fashion stores virtually irrelevant for the near term. VF Corp. On Monday,…

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