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Fredrik Olsson to join PVH as CEO of EMEA region

PVH Corp. has appointed Fredrik Olsson as CEO of PVH EMEA. Olsson, the company said in a release, will join the company in the fourth quarter and report to Stefan Larsson, CEO of PVH Corp. He will relocate to Amsterdam together with his family and be based in PVH’s EMEA regional headquarters office. Commenting on the new appointment, Larsson...

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PVH Q2 sales drop but earnings beat estimates

Second quarter revenue at PVH of 2.074 billion dollars decreased 6 percent or 5 percent on a constant currency basis, including a 3 percent decline resulting from the sale of the Heritage Brands women’s intimates business. The company’s EBIT on a GAAP basis increased to 174 million dollars, while EBIT on a non-GAAP basis was 189 million dollars,...

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