As stores have been closed for a month, retailers have activated a large array of possible actions to stem losses and find the necessary working capital. These include offering employees partial unemployment, cancelling investments, cancelling orders, deferring rents and renegotiating financing. However, two U.S.A. fashion retailers went further and showed ambitions for expansion : Levi’s and VF Corp. “At the end of this hibernation phase, when stores can re-open, we don’t want to simply restar
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