PVH news and archive

PVH reports uptick in Q1 sales, reaffirms FY outlook

Tommy Hilfiger parent company PVH has reaffirmed its full-year outlook after reporting a 2 percent increase in revenue in the first quarter, beating its Q1 guidance. The US fashion giant generated revenue of 2.158 billion dollars in the first quarter, up from 2.123 billion dollars a year earlier, as growth in its DTC business offset a drop in...

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Tommy Hilfiger and Calvin Klein drive revenue growth at PVH

Fourth quarter revenue at PVH Corp. increased 2 percent or 8 percent on a constant currency basis to 2.489 billion dollars. Tommy Hilfiger revenue increased 3 percent or 10 percent on a constant currency basis, Calvin Klein revenue increased 3 percent or 8 percent on a constant currency basis and Heritage Brands revenue decreased 10 percent...

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PVH appoints Amber McCann as chief communications officer

PVH Corp. has announced the appointment of Amber (McCasland) McCann as executive vice president and chief communications officer, effective April 6, 2023. McCann, the company said in a statement, a highly experienced corporate communications executive, will lead all aspects of PVH’s global internal and external communications strategy and report...

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PVH joins Carbios’ fibre-to-fibre consortium

Fashion group PVH Corp. has joined a circular fashion consortium which was founded by biotech company Carbios alongside On, Patagonia, Puma and Salomon. The group’s mission is to push the transition to a circular economy within the textile industry, collaborating to test and enhance biological recycling technology on the brands’ own products....

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PVH to pay out one million dollars to Haitian garment workers

PVH Corp, the owner of Tommy Hilfiger and Calvin Klein, is set to provide back pay to over a thousand garment workers in Haiti after one of its factories in the region abruptly closed last year. The sudden closure left workers at the factory without severance and pension benefits, said the Worker Rights Consortium (WRC), a lobby group which...

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Bestseller, C&A, H&M, Inditex, Otto Group and PVH Corp. commit to Pakistan Accord

As the member brands of the Pakistan Accord’s steering committee, Bestseller, C&A, H&M, Inditex, the Otto Group and PVH Corp. have affirmed their commitment to the workplace safety program. They will act in close collaboration with their Pakistani suppliers and other stakeholders in the coming weeks as they take steps towards the establishment...

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The Row appoints Trish Donnelly as President

Los Angeles-based luxury brand The Row has appointed Trish Donnelly as president. Ms Donnelly, who exited the PHV group as CEO of Calvin Klein Global and PVH Americas last August, will take the helm at the Mary-Kate and Ashley Olsen founded brand, the former child actress siblings. The Olsen duo have quietly built a bonafide luxury house since...

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Eva Serrano to join as global brand president of Calvin Klein

PVH Corp has announced the appointment of Eva Serrano as the new global brand president of Calvin Klein. Serrano, a seasoned Inditex group veteran, will join the company in March 2023 and report to PVH Corp CEO Stefan Larsson. Commenting on Serrano’s appointment, Larsson said: “Eva knows how to drive brand growth in global markets, how to...

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PVH swings to Q3 loss, but revenue beats estimates

Tommy Hilfiger owner PVH Corp fell into the red in the third quarter despite stronger-than-expected revenue. The US fashion giant made a net loss of 186.7 million dollars in the period compared to a profit of 279.7 million dollars a year earlier. Revenue of 2.281 billion dollars was 2 percent below the previous year, but 7 percent higher on a...

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PVH extends G-III licensing deals to bring core categories in-house

PVH Corp has announced the extension of most of its licensing agreements with brands under the G-III Apparel Group. The extension pertains to Calvin Klein and Tommy Hilfiger in the US and Canada, and largely covers the brands’ women’s North American wholesale businesses. The agreement moves the group’s licence expiry date from 2025 to 2027. It...

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Tommy Hilfiger owner PVH Corp joins Fashion Climate Fund

The Apparel Impact Institute (Aii) has announced that the PVH Corp Foundation has become the latest investor in a 250 million dollar fund dedicated to tackling the climate crisis. Announced by Aii in June 2022, the Fashion Climate Fund sets out to identify, fund, scale, and measure verified impact solutions to decarbonise and modernise fashion...

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Tommy Hilfiger owner PVH posts drop in Q2 sales, announces job cuts

Tommy Hilfiger owner PVH Corp has announced job cuts and lowered its full-year outlook after reporting a drop in revenue in the second quarter as supply chain issues impacted the business. In the three months ended July 31, the US fashion giant reported an 8 percent drop in year-over-year revenue to 2.132 billion dollars. Breaking it down by...