Tag: plunging

PVH revenues, income gain in 2023 despite plunging Calvin Klein North America wholesale

PVH Corp. announced on Monday a 2% uptick in revenues to $9.218 billion for the year 2023, held back by a sluggish North America wholesale segment at its Calvin Klein brand. Calvin Klein The New York-based company said Tommy Hilfiger annual revenue increased 4%, thanks to a 3% increase in international revenues and 6% gain in North [...]read morePVH revenues, income gain in 2023 despite plunging Calvin Klein North America wholesale

ASOS reports plunging sales but expects improvement

ASOS’s results are closely watched at present and like most underperforming stock exchange-listed businesses, it’s because we’re waiting to see just how bad its latest sales actually were. ASOS We found out on Tuesday with the company reporting sales for the 26 weeks to 3 March down by a hefty 18%. It didn’t put a [...]read moreASOS reports plunging sales but expects improvement