Low price inflation in the apparel sector has led PVH’s CEO, Emanuel Chirico to state that the firm is “a little queasy about passing (U.S. tariffs on China imports) onto the consumer”. Instead the firm plans to cut the contribution of China to its U.S. sourcing to 10% in 2020 from 35% three years ago. PVH has already been scaling back. Panjiva’s data shows U.S. seaborne imports linked to the firm fell 3.3% year over year in 3Q. By comparison total U.S. seaborne imports of apparel, footwear and luggage rose by 2.3% over the same period. The share of shipments f...