PVH Corp. has announced the appointment of Ajay Bhalla, president, cyber & intelligence at Mastercard International, to its board of directors. The company said his appointment is part of the Board’s on-going refreshment process, which is bringing together business leaders with a diverse range of experiences, backgrounds and perspectives to...
5 Aug 2022
PVH Corp. has appointed David Savman as executive vice president and chief supply chain officer (CSCO). The company said in a statement that he will join PVH in late 2022 from H&M Group where he spent 19 years, most recently as head of global supply chain. Savman succeeds Sarah Clarke, who is leaving PVH as of October 31, 2022 to pursue other...
19 Jul 2022
For the first quarter, PVH Corp. revenue increased 2 percent or 7 percent on a constant currency basis to 2.123 billion dollars. The company’s earnings before interest and taxes were 210 million dollars compared to 197 million dollars on a GAAP basis and 249 million dollars on a non-GAAP basis in the prior year period. Earnings per share were...
2 Jun 2022
PVH Corp. has announced PVH+ Plan, a roadmap for brand, digital and direct-to-consumer (DTC)-led sustainable, profitable growth through 2025 to deliver accelerated financial performance and long-term value creation. The company said in a release that leveraging the strength of its two global brands, Calvin Klein and Tommy Hilfiger and connecting...
13 Apr 2022
Fourth quarter revenue at PVH Corp. increased 16 percent or 20 percent on a constant currency basis to 2.430 billion dollars compared to the prior year period. Earnings per share on a GAAP basis were 5.53 dollars for the fourth quarter compared to a loss per share of 81 cents in the prior year period. Earnings per share on a non-GAAP basis were...
30 Mar 2022
Michael Calbert, chairman of the board of Dollar General Corporation, will join PVH Corp. board of directors, effective May 2, 2022. PVH also announced that Henry Nasella, its non-executive chair, will not stand for re-election at its June 16, 2022 annual meeting of stockholders. Nasella, the company said in a release, has served on the board...
23 Mar 2022
PVH Corp. has appointed Zac Coughlin as executive vice president and chief financial officer (CFO), effective April 4, 2022. In this role, he will report to Stefan Larsson, PVH chief executive officer, and will have responsibility for all finance functions. Commenting on Coughlin’s appointment, Larsson said: “Zac’s deep strength in financial...
10 Feb 2022
Ecovative has partnered with Bestseller and PVH Corp. on an international sustainable fashion cooperative. Both Bestseller and PVH Corp. will have priority access to Ecovative’s mycelium innovations, and will work with Ecovative on developing mycelium materials for products and consumer applications. Ecovative has been producing mycelium for a...
16 Dec 2021
Third quarter revenue at PVH Corp. increased 10 percent to 2.333 billion dollars compared to the prior year period. The company said that the revenue increase compared to the prior year period reflects a 12 percent increase in the Tommy Hilfiger business, including an 11 percent increase in Tommy Hilfiger international revenue and a 13 percent...
2 Dec 2021
PVH Corp has announced that Manny Chirico, chairman of the board of directors, will retire effective December 31, 2021. Henry Nasella, who currently serves as presiding director, will become the independent, non-executive chairman at that time. “This brings to a successful conclusion the succession plan put in place as we transferred leadership...
22 Oct 2021
Second quarter revenue at PVH Corp. increased 46 percent to 2.313 billion dollars or increased 40 percent on a constant currency basis compared to the prior year period. Commenting on the company’s performance, Stefan Larsson, the company’s chief executive officer, commented: “We delivered another quarter of high-quality growth and strong...
1 Sept 2021
PVH Corp. has completed its previously announced sale of its Heritage Brands business to Authentic Brands Group (ABG). The company said in a release that the cash purchase price for the transaction, which includes the Izod, Van Heusen, Arrow and Geoffrey Beene trademarks, was 223 million dollars. Commenting on the transaction, Stefan Larsson,...
3 Aug 2021
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