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PVH Corp news and archive

Business

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

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

Business

PVH announces two new additions to its board of directors

PVH Corp. has appointed Allison Peterson, Chief Customer Officer for Best Buy Co., Inc., and George Cheeks, President and CEO of the CBS Entertainment Group, to its board of directors. The company said in a statement that their deep experience in successfully navigating consumer disruption will provide perspective as PVH continues to evolve as...

24 Nov 2020

Business

Tommy Hilfiger names Avery Baker as Chief Brand Officer

Tommy Hilfiger, owned by PVH Corp. has appointed Avery Baker as President and Chief Brand Officer, effective November 17, 2020. In the newly established role, the company said in a statement, Baker has global responsibility for the brand’s products, marketing and experiences across all categories, regions and channels. “Avery has a deep...

20 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

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

Retail

Peta protests against Urban Outfitters' brands

Peta has launched an international campaign against Urban Outfitters, Inc, and its subsidiaries (Urban Outfitters, Anthropologie, Free People). The US Peta became a company shareholder in April in the push for the company to adopt its animal-friendly policies. It is protesting the retailer’s use of alpaca, wool, leather, cashmere, mohair, down,...

1 Oct 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 Corp to exit Heritage Brands retail business, cut 450 office jobs

PVH Corp has announced it will be closing all of its Heritage Brands outlets and cutting around 12 percent of its office workforce as it looks to streamline its operations in the region amid the coronavirus pandemic. The company, whose portfolio comprises Tommy Hilfiger, Calvin Klein and Heritage Brands, said around 450 positions would be cut...

15 Jul 2020

Business

Tommy Hilfiger commits to diversity with ‘People's Place Program’

American fashion brand Tommy Hilfiger has announced that it is launching a new platform in response to the Black Lives Matter movement, which will seek to advance the representation of Black, Indigenous and people of colour (BIPOC) working within the fashion and creative industries. Dubbed the ‘People's Place Program’, the initiative takes its...

13 Jul 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