pvh news and archive

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...

6 Apr 2021

People

Stefan Larsson begins role as PVH CEO

Stefan Laarson, who in September was named as the successor of Manny Chirico to become the new CEO of PVH, has officially started his new role. Larsson joined PVH in June 2019 in the newly-created position of president where he oversaw the fashion giant’s branded businesses and regions. Before joining PVH, he had held roles as CEO of Ralph...

2 Feb 2021

Fashion

Tommy Hilfiger launches circular initiative, Tommy For Life

PVH-owned Tommy Hilfiger is the latest big-name fashion brand to be launching a circular initiative to breathe new life into old clothes. Tommy for Life is a new circular business model that will take pre-owned or damaged Tommy Hilfiger and Tommy Jeans garments and either fix them or ‘remix’ them into completely new, limited-edition styles. They...

8 Oct 2020

People

PVH president Stefan Larsson named new CEO

Tommy Hilfiger and Calvin Klein owner PVH Corp has named its president Stefan Larsson as new CEO, taking over from Manny Chirico who has been in the role since 2006. Larsson joined PVH in June last year in the newly created role of president. In his role he oversaw the company’s branded businesses and regions and reported directly to Chirico....

30 Sep 2020

Fashion

PVH Corp. says it will ban use of exotic skins

PVH Corp. has banned exotic animal skins in the collections of all its brands, which include Tommy Hilfiger, Calvin Klein and several other contemporary clothing lines. The company said that this decision is part of a "long-term strategy to drive fashion forward for good." The company joins Brooks Brothers, Jil Sander, Chanel, Diane von...

11 Sep 2020

Fashion |IN DEPTH

Digitizing the fashion value chain: SVP of Digital Ventures, Hatch and Stitch

This month, FashionUnited interviewed Anne-Christine Polet, the SVP of Digital Ventures at PVH Europe’s corporate start-ups, Hatch and Stitch. The ventures combine technology with fashion expertise and commercial thinking to create digital solutions that help brands reinvent their value chain. “What drives us is to digitize what is ‘under the...

10 Sep 2020

Video

Video: Stitching fashion back together

PVH is taking a unique approach to implementing disruptive innovation along the fashion value chain that will shape the industry for years to come. In this 2019 WebSummit talk, Anne-Christine Polet (SVP of Digital Ventures at PVH Europe’s corporate startups, Hatch and Stitch) discussed the challenges designers face and the need to modernize the...

31 Aug 2020

Fashion

Calvin Klein Fragrances returns to supermodel roots with new campaign

Over thirty years ago Calvin Klein launched its now legacy Eternity fragrance with Christy Turlington as its face. The scent was an overnight success and swiftly entered the fragrance hall of fame. Three decades later the perfume is having a renaissance, as Coty the license holder and Calvin Klein parent company PVH release Eternity’s latest...

4 Aug 2020

Business

PVH revenue drops 43 percent for Q1

PVH reported its net loss for Q1 slipped on Thursday. Revenues decreased by 43 percent from the same period last year. The company's net profit for Q1 was -1,097 million dollars, down from 82 million dollars a year earlier. Revenues decreased to 1,344 million dollars. The profit margin of the company decreased to -82 percent compared to 3...

12 Jun 2020

Business

PVH Corp. sells Speedo North America business to Pentland Group

PVH has sold the North American operations of the Speedo brand back to the label's parent company, Petland Group, for 170 million dollars in cash. Petland will now operate Speedo businesses worldwide. This sale was originally announced in January and completed this week. PVH will use the proceeds of the transaction to bolster its core balance...

6 Apr 2020

Fashion

PVH Corp donates one million dollars as part of Covid-19 relief efforts

PVH Corp donates one million dollars as part of Covid-19 relief efforts PVH Corp has become the latest fashion brand to offer support to those impacted by the coronavirus pandemic. The fashion group, whose portfolio includes brands Calvin Klein and Tommy Hilfiger, said it is donating one million US dollars toward Covid-19 relief, including a...

31 Mar 2020

People

Tom Chu to join as Regional President of PVH Asia Pacific

PVH Corp. has appointed Tom Chu as Regional President of PVH Asia Pacific, effective February 1, 2020. Chu, the company said in a statement, previously served as president, PVH Japan. In his new role, he will report to Stefan Larsson, PVH President. “Tom’s strong management ability and consistent track record will position PVH well to further...

9 Jan 2020