calvin klein news and archive

PVH Corp. links with Americares for a global disaster relief program

PVH Corp., the parent company to brands like Tommy Hilfiger and Calvin Klein, announced it has joined the Americares Emergency Response Partner Program to help prepare for natural disasters worldwide. The company will provide annual funding to Americares, a health-focused relief and development non-profit organization that helps people affected...

6 Apr 2021

Business

PVH posts sales decline in Q4, projects positive outlook

Fourth quarter revenue at PVH Corp. decreased 20 percent or decreased 23 percent on a constant currency basis to 2.090 billion dollars compared to the prior year period. Loss per share on a GAAP basis was 81 cents compared to 93 cents in the prior year period and loss per share on a non-GAAP basis was 38 cents compared to earnings per share of...

31 Mar 2021

Business

Nike, Muji, Calvin Klein parents groups lead stock losses on Chinese boycott fears

On Thursday, Nike (NKE) fell hardest among the Dow industrials, down more than 5 percent on news of a possible boycott in China. In a similar fashion, the operator of Japanese brand Muji saw its shares drop more than 7 percent in early trade Friday. Nike shares dived 5 percent on the Dow Jones Wednesday and ended the daily trading session...

26 Mar 2021

Business

PVH reports drop in Q3 revenue and earnings

Third quarter revenues at PVH Corp. decreased 18 percent or 21 percent on constant currency to 2.118 billion dollars compared to the prior year period. The company said, this revenue decrease was due to a 12 percent or 16 percent decrease on a constant currency basis in the Tommy Hilfiger business with Tommy Hilfiger North America revenue down...

3 Dec 2020

People

Calvin Klein, Inc. appoints new global head of design

Fashion brand Calvin Klein has appointed Jessica Lomax as executive vice president, global head of design, effective December 9. Lomax will drive the brand’s global design strategy and creativity across all areas of the business, including licensees. She will also be responsible for “defining and strengthening all product categories for the...

19 Nov 2020

People

Calvin Klein appoints new global CMO

PVH-owned brand Calvin Klein has appointed Linh Peters as its new global chief marketing officer (CMO), effective 2 November. Peters’ role will include data-driven and product marketing, driving an engaging brand experience and overseeing all aspects of Calvin Klein’s consumer marketing organisation. The fashion retailer’s current chief brand...

23 Oct 2020

Business

Jacob Jordan joins Calvin Klein as global chief merchant and product strategist

Calvin Klein, Inc. has announced that Jacob Jordan, who has been working in a consulting capacity with the company since May 2020, will be joining the brand team full-time as Global Chief Merchant and Product Strategist, effective immediately. Jordan will report to Cheryl Abel-Hodges, Chief Executive Officer. Commenting on Jordan’s appointment,...

22 Oct 2020

Retail

PVH Europe introduces solar powered warehouse

PVH Europe, the global headquarters of Tommy Hilfiger and the European offices of Calvin Klein, both owned by PVH Corp., has presented the world’s most powerful solar roof installation currently in operation, at its warehouse and logistics center in Venlo, the Netherlands. Composed of more than 48,000 solar panels, PVH Europe’s energy partner,...

7 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

Business

PVH sales drop by 33 percent, expects 25 percent decline in H2 revenues

For the second quarter, PVH Corp said that the results exceeded the company’s expectations despite continued disruption from the Covid-19 pandemic with revenue decrease of 33 percent to 1.581 billion dollars compared to the prior year period. The company’s revenue through its digital channels grew over 50 percent, with sales through its directly...

3 Sep 2020

Business

PVH posts Q1 loss, revenues fall 43 percent

PVH Corp. said in a statement that its business was significantly impacted by the Covid-19 pandemic during the first quarter of 2020, resulting in an unprecedented decline in revenue and earnings, including 962 million dollars of pre-tax non-cash impairment charges during the quarter. First quarter revenue decreased 43 percent to 1.344 billion...

12 Jun 2020

Fashion

PVH Corp. makes a stand against racism

Joining other fashion companies who have shown solidarity with the Black Lives Matter movement since the senseless death of George Floyd, who was killed by police last week in Minneapolis, Minnesota, PVH Corp., which owns Calvin Klein and Tommy Hilfiger, has stated that it is “reaffirming” its commitment to the black community by taking a stand...

5 Jun 2020