Welcome to our dedicated page for Pvh Corporation news (Ticker: PVH), a resource for investors and traders seeking the latest updates and insights on Pvh Corporation stock.
PVH Corp. (NYSE: PVH) is a global fashion company built around its two iconic brands, Calvin Klein and TOMMY HILFIGER. Company news and press releases highlight how PVH connects with consumers worldwide through brand campaigns, retail expansion and financial updates, reflecting its role in designing and marketing branded apparel across more than 40 countries.
News about PVH often focuses on brand initiatives and marketing activity. Recent announcements from Calvin Klein, part of PVH Corp., describe new global denim campaigns featuring high-profile ambassadors and the launch of a global flagship lifestyle store in New York City’s SoHo neighborhood. These stories emphasize Calvin Klein’s position as a global fashion lifestyle brand with offerings in underwear, jeans, apparel, accessories, home and fragrance, and its efforts to translate its American fashion roots to an international audience.
Investors and followers of PVH can also expect regular coverage of the company’s financial performance and outlook. PVH issues earnings releases that discuss quarterly revenue, segment performance by region, direct-to-consumer and wholesale trends, licensing revenue and non-GAAP measures such as constant currency revenue and non-GAAP EPS. These releases also describe the company’s PVH+ Plan, which centers on leaning into the brand strength of Calvin Klein and TOMMY HILFIGER and investing in product, marketing and marketplace execution.
Additional PVH news includes dividend declarations by the Executive Committee of the Board of Directors, leadership appointments and changes, and participation in investor conferences. Together, these updates give readers insight into PVH’s brand strategies, operational focus and capital allocation decisions. This news page aggregates such company-specific developments so readers can follow how PVH’s global fashion brands and financial profile evolve over time.
PVH Corp. [NYSE:PVH] has appointed Trish Donnelly, former CEO of Urban Outfitters Group, as CEO of PVH Americas. This strategic move aims to enhance the company’s alignment with consumer trends and strengthen its brand leadership in the Americas, overseeing Calvin Klein and Tommy Hilfiger brands. Donnelly, set to join on February 16, brings extensive leadership experience and a consumer-first strategy to drive sustainable growth. CEO Stefan Larsson emphasized her potential to unlock significant growth opportunities across the region while fostering a values-based culture.
PVH Corp. [NYSE:PVH] has appointed Trish Donnelly as the new CEO of PVH Americas, effective February 16. Donnelly, formerly the CEO of Urban Outfitters Group, will oversee Calvin Klein, Tommy Hilfiger, and Heritage Brands in the Americas, as well as the global Calvin Klein brand. Her leadership is expected to enhance PVH's market-share growth and strengthen its regional presence. CEO Stefan Larsson praised Donnelly's extensive experience in e-commerce and retail execution, indicating she will significantly contribute to PVH's values-driven strategy.
PVH Corp. [NYSE: PVH] announced Stefan Larsson as its new Chief Executive Officer and member of the Board of Directors, following a planned leadership transition. Former CEO Manny Chirico will remain as Chairman. Larsson, who joined the company in June 2019, oversaw brand recovery during the pandemic and aims to enhance consumer connection and brand relevance. Chirico expressed confidence in Larsson, praising his leadership and strategic vision for sustainable growth. PVH has evolved into a top global fashion and lifestyle firm with approximately 40,000 associates.
PVH Corp. (NYSE: PVH) announces the third edition of the Tommy Hilfiger Fashion Frontier Challenge, open for applications from January 6 to March 8, 2021. This global initiative supports BIPOC entrepreneurs aiming for positive social impact in fashion with awards totaling €200,000 and mentorship opportunities. Since 2018, the Challenge has distributed €350,000 to foster inclusivity and community change. Consumers can also participate as judges to select finalists from 200 applicants. The final event will be held in early 2022.
PVH Corp. reported a challenging third quarter for 2020, with revenue declining 18% to $2.118 billion, primarily due to the COVID-19 pandemic. Direct-to-consumer revenue dropped 11%, despite a significant 70% increase in digital commerce. International markets, particularly China, showed resilience. Earnings per share on a GAAP basis fell to $0.98, down from $2.82 a year earlier. The company holds over $2.7 billion in liquidity. With ongoing store closures in Europe and North America, PVH is focusing on digital channels and cost efficiencies to improve future performance.
PVH Corp. [NYSE: PVH] announced the appointments of Allison Peterson, Chief Customer Officer at Best Buy, and George Cheeks, CEO of CBS Entertainment Group, to its Board of Directors, effective January 26 and March 22, 2021, respectively. These appointments aim to leverage their extensive experience in consumer engagement and digital strategies as PVH adapts to market changes. Chairman Manny Chirico emphasized the importance of diverse expertise to enhance the company’s strategy. The board continues to refresh its membership to align with evolving consumer behaviors and business needs.
Calvin Klein, a subsidiary of PVH Corp., has appointed Jessica Lomax as the new Executive Vice President and Global Head of Design, effective December 9, 2020. Lomax, previously at Nike, brings a wealth of experience in design and innovation, particularly in women’s sportswear. Her role will focus on enhancing Calvin Klein's design strategy, driving sustainability, and strengthening product categories. This appointment follows recent key hires in leadership aimed at evolving the brand to be more consumer-centric and relevant in today's market, supporting PVH’s vision of sustainable profitable growth.
PVH Corp (NYSE: PVH) has announced the release date for its third quarter 2020 earnings results, set for December 2, 2020, after market closure. A conference call to discuss these results will occur on December 3, 2020, at 9:00 A.M. ET, hosted by top executives including CEO Emanuel Chirico. The call will be available via live broadcast on the company's website, with a replay option for those unable to attend. PVH reported revenues of $9.9 billion in 2019, showcasing its significant market presence.
PVH Europe has announced the installation of the world's most powerful operational solar roof at its Warehouse and Logistics Center in Venlo, Netherlands. This project, featuring over 48,000 solar panels and generating 18 MWp, supports PVH’s goal to power all its Dutch facilities with renewable energy. This initiative aligns with its commitment to achieve 100% renewable electricity by 2030 and reduce supply chain carbon emissions by 30%. The Venlo center covers 110,000 m² and has received a BREEAM rating of 'Very Good'.
PVH Corp. [NYSE: PVH] announced the succession of CEO Manny Chirico, who has led the company since 2006, to Stefan Larsson, effective February 1, 2021. Larsson, previously President of PVH and former CEO of Ralph Lauren, is expected to lead the company through post-pandemic recovery and growth. Under Chirico, PVH grew significantly, transforming into a major global fashion player with nearly $10 billion in revenue in 2019. Chirico remains Chairman of the Board to aid in the transition, emphasizing Larsson's capability to navigate the evolving retail landscape.