As the 2019 novel coronavirus (COVID-19) continues to spread across the world, the challenges for companies operating in the consumer goods and retail (CG&R) industry are increasing, as consumer spending, production and distribution are considerably impacted. Companies across all industry subsectors — from luxury and fashion, food and beverage, cosmetics, consumer durables and electronics, to hotels, resorts and tourism — are facing a number of significant business and legal issues.
Here is a checklist of emerging risks and possible solutions aimed at helping CG&R companies navigate the rapidly evolving situation.
We hope that you find it useful.