Japan, South East Asia, Oceania and Northern Europe are some of the most desirable destinations for Chinese tourist to visit after the outbreak.
Reports from Ruder Finn and China Luxury Advisors both said consumers are cutting back spending on luxury for the rest of 2020.
Offices remain open, but mostly all associates are working remotely in North America and Europe.
The event, at the Penn Plaza Pavilion in New York City, features a variety of apparel segments.
A U.N. report estimated that the total impact on exports in global value chains from the virus will be up to $50 billion.
Overall sales hit $95.9 billion last year with non-performance apparel and footwear leading the way.
Donna Carpenter, wife of founder Jake Burton Carpenter, has transitioned to chairman of the board.
The premium denim brand sees growth through innovation, sustainability, digital and a campaign marking 20 years in business.
The historic collaboration with the Emirati royal family was launched at the Louvre in Abu Dhabi.
Posen will advise on all facets related to the creative and strategic direction, marketing and promotion of the Zac Posen branded businesses.