The owner of brands including Tommy Hilfiger and Calvin Klein achieved revenue of $2.1 billion in the fourth quarter ended January 31, 2021, representing a year-over-year decrease of 20% from $2.5 billion.
The owner of Tommy Hilfiger and Calvin Klein has revealed that it is closing its heritage brands retail business as part of efforts to streamline its operations in North America in the wake of the Covid-19 pandemic.
PVH Corp reported $2 billion in revenue for the first quarter, buoyed by its two fashion flagship labels, but net income took a dramatic dive, due to various one-off expenses, including relocating Tommy Hilfiger's NY HQ.
PVH Corp. Announces Minority Investment in Karl Lagerfeld PVH Corp. announced today that it has become a minority shareholder in the parent company of the Karl Lagerfeld brand. Terms of the deal were not disclosed.