PVH Archives

PVH Q2 earnings rally despite sales declines on lacklustre international market

August 28, 2024 mpsingh No Comments Business declines, earnings, international, lacklustre, Market, PVH, rally, sales

PVH Corp. said on Tuesday revenues decreased 6% to $2.074 billion in the second quarter, hurt by dwindling sales in the U.S. company’s overseas markets, especially in Asia Pacific. Calvin Klein The owner of Calvin Klein and Tommy Hilfiger brands said second-quarter revenues were adversely impacted by a “challenging consumer environment” in Asia Pacific, particularly in China [...]read morePVH Q2 earnings rally despite sales declines on lacklustre international market

PVH reports 10% revenue decline in Q1, announces leadership changes

June 8, 2024 mpsingh No Comments Business Announces, decline, leadership, PVH, reports, Revenue

PVH Corp. announced on Tuesday a 10% drop in revenues to $1.952 billion for the first quarter, held back by a sluggish wholesale segment. PVH reports 10% revenue decline in Q1, announces leadership changes. – Tommy Hilfiger The New York-based company said Tommy Hilfiger revenue decreased 10% compared to the prior year period, due to a 14% drop [...]read morePVH reports 10% revenue decline in Q1, announces leadership changes

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

April 2, 2024 mpsingh No Comments Business America, Calvin, Gain, Income, Klein, North, plunging, PVH, revenues, 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