Tommy Hilfiger news and archive

PVH raises earnings outlook, reports strong Q3

Third quarter revenue increased 4 percent or 1 percent on a constant currency basis to 2.363 billion dollars compared to the prior year period. The company said EBIT on a GAAP basis was 230 million dollars compared to negative 214 million dollars in the prior year period, while EBIT on a non-GAAP basis was 249 million dollars compared to 220...

Business

PVH names new global brand president for Tommy Hilfiger

A new global brand president for Tommy Hilfiger has been announced by the brand’s parent company PVH, which stated in a release that Lea Rytz Goldman was to be taking on the role. Expected to join the company by spring 2024, Rytz Goldman builds on the conglomerate’s ongoing PVH+ Plan, dedicated to uplifting the Tommy Hilfiger and Calvin Klein...

Business

Tommy Hilfiger names new global CMO

PVH’s Tommy Hilfiger has announced the appointment of Virginia Ritchie as its new global chief marketing officer, a role through which she will oversee all aspects of the company’s global marketing organisation. Ritchie, who will report to CEO of Tommy Hilfiger Global and PVH EMEA, Martijn Hagman, has been a part of the brand’s parent company...

BusinessFeatured

PVH post Q2 revenue growth, raises EPS outlook

Second quarter revenue at PVH increased 4 percent or 2 percent in a constant currency basis to 2.207 billion dollars versus its guidance for an increase of low single-digits. Commenting on the trading update and outlook, Stefan Larsson, chief executive officer of PVH said in a statement: “We delivered another strong quarter across both Calvin...

People

PVH implements further job cuts in streamlining efforts

PVH, the parent company of Calvin Klein and Tommy Hilfiger, has announced additional job cuts as part of its ongoing streamlining strategy. The group previously revealed plans to reduce "people costs" by 10 percent by the end of 2023. The new round of cuts is anticipated to incur a severance expense of approximately 50 million dollars. These...

Fashion

Safilo and Tommy Hilfiger renew eyewear licensing agreement

American fashion brand Tommy Hilfiger, owned by PVH Corp., has signed an early renewal of its global eyewear licensing agreement with the Safilo Group. Under the renewed arrangement, the Italian-based Safilo will continue to be responsible for designing, manufacturing and distributing Tommy Hilfiger-branded sunglasses and optical eyewear...

BusinessFeatured

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...

Business

Tommy Hilfiger president and chief brand officer Avery Baker to step down

The president and chief brand officer for Tommy Hilfiger, Avery Baker, will be stepping down from her position at the PVH Corp-owned brand “to pursue other opportunities”. A spokesperson for the company told FashionUnited that Baker would be departing from the role this summer, while Martijn Hagman would continue to oversee the brand as CEO of...

BusinessFeatured

Metaverse Fashion Week: 9 Events you may have missed

Now in its second edition, the highly anticipated Metaverse Fashion Week (MVFW) took place last week, spanning over March 28 to 31, and, for the first time, spreading across three metaverses, including Decentraland, Over and Spatial. For this year, the theme was ‘Future Heritage’, which saw the event explore the relationship between tradition...

BusinessFeatured

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...

People

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...

Business |REPORT Featured

Koalaa and Moner Bondhu win big at Tommy Hilfiger Fashion Frontier Challenge

British initiative Koalaa and Bangladeshi start-up Moner Bondhu are the grand prize winners of the Tommy Hilfiger Fashion Frontier Challenge. The winners received their prizes on Thursday at Tommy Hilfiger's headquarters in Amsterdam, the Netherlands. Both initiatives won the jury prize, but Koalaa also went home with the public prize, partly...