By
with contributions from Samantha Conti
 on February 24, 2020

Fashion’s fourth-quarter reckoning is coming — just as worries over the spreading coronavirus send Wall Street investors scurrying for safety. 

The Dow Jones Industrial Average followed European markets lower on Monday and plummeted 1,031.61 points, or 3.6 percent, to 27,960.80 after outbreaks as far-flung as Italy and South Korea suggested a new and more dangerous phase of the coronavirus — or at least of the disruption it’s causing. The market is now back to where it was in mid-December.  

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