Italy sees fashion sales hit due to China virus, Pandora warns of business freeze
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MILAN (Reuters) - Italy's fashion industry expects revenues to fall 1.8% in the first half of 2020 due as the coronavirus outbreak hits sales, an industry official said on Tuesday, as jewellery maker Pandora warned business in China had ground to a halt.Several high-end brands also said they had shut down stores in China, the world's biggest luxury goods market, stoking concerns that the industry could face significant damage to sales if the virus is not contained quickly.Carlo Capasa, head of..