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

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

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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