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H&M and PVH supply chains could be hit by Suez blockage

When the Ever Given ship was refloated at the end of March its 6-day delay caused a backlog of 370 ships according to Reuters. The congestion will have a rolling effect on supply chains, which may be felt for months to come. Insights from S&P Global suggest U.S. East Coast imports from western India, Sri Lanka, Pakistan and the Middle East are...