Calvin klein news and archive

G-III Apparel Group posts strong sales growth, raises outlook

G-III Apparel Group, Ltd. net sales for the first quarter ended April 30, 2022 increased 32.5 percent to 688.8 million dollars. The company reported net income of 30.6 million dollars or 62 cents per diluted share, compared to 26.3 millions or 53 cents per diluted share, in the prior year’s quarter. Non-GAAP net income per diluted share was 72...

Jun 7, 2022

ManagementFeatured

PVH reports strong earnings growth in Q1

For the first quarter, PVH Corp. revenue increased 2 percent or 7 percent on a constant currency basis to 2.123 billion dollars. The company’s earnings before interest and taxes were 210 million dollars compared to 197 million dollars on a GAAP basis and 249 million dollars on a non-GAAP basis in the prior year period. Earnings per share were...

Jun 2, 2022

People

Calvin Klein appoints Jonathan Bottomley as global chief marketing officer

Calvin Klein has appointed Jonathan Bottomley as global chief marketing officer. Effective June 6th, Mr Bottomley will oversee all areas of the consumer marketing organization and report to Trish Donnelly, CEO, PVH Americas & Calvin Klein Global. A previous CMO at Ralph Lauren, M r. Bottomley was also chief marketing officer at Boll & Branch, an...

May 28, 2022

Fashion Featured

Calvin Klein campaign featuring pregnant trans man sparks online debate

Calvin Klein, the PVH-owned fashion giant known for its slick and groundbreaking advertisements, has sparked a new controversy with its latest campaign, which features a pregnant transgender man. As part of its global Mother’s Day campaign, Brazilian couple Roberto Bete, a trans man in the last stage of pregnancy, and partner Erica Feeha, were...

May 16, 2022

Business

PVH partners with Infinited Fiber Company to drive sustainable product development

PVH Corp has announced a multi-year partnership between its European headquarters and circular fashion technology group, Infinited Fiber Company. The deal is part of the group’s strategy to elevate its sustainable product offering in Europe, utilising the organisation’s textile fibre Infinna firstly for Tommy Hilfiger products with plans to then...

May 10, 2022

ManagementFeatured

PVH sets 2025 revenue target of 12.5 billion dollars

PVH Corp. has announced PVH+ Plan, a roadmap for brand, digital and direct-to-consumer (DTC)-led sustainable, profitable growth through 2025 to deliver accelerated financial performance and long-term value creation. The company said in a release that leveraging the strength of its two global brands, Calvin Klein and Tommy Hilfiger and connecting...

Apr 13, 2022

ManagementFeatured

PVH Corp. posts strong revenue and earnings growth

Fourth quarter revenue at PVH Corp. increased 16 percent or 20 percent on a constant currency basis to 2.430 billion dollars compared to the prior year period. Earnings per share on a GAAP basis were 5.53 dollars for the fourth quarter compared to a loss per share of 81 cents in the prior year period. Earnings per share on a non-GAAP basis were...

Mar 30, 2022

Management

Michael Calbert to join PVH board of directors

Michael Calbert, chairman of the board of Dollar General Corporation, will join PVH Corp. board of directors, effective May 2, 2022. PVH also announced that Henry Nasella, its non-executive chair, will not stand for re-election at its June 16, 2022 annual meeting of stockholders. Nasella, the company said in a release, has served on the board...

Mar 23, 2022

Business

PVH enters top five in Barron’s most sustainable companies report

Fashion conglomerate PVH Corp has risen up the sustainability ranks this year, placing number five on Barron’s Most Sustainable Companies list for American firms. The company, which owns the likes of Calvin Klein and Tommy Hilfiger, jumped from 19 to fifth following a number of commitments it recently laid out, including the mission to utilise...

Feb 15, 2022

Report

PVH Corp. names Zac Coughlin as chief financial officer

PVH Corp. has appointed Zac Coughlin as executive vice president and chief financial officer (CFO), effective April 4, 2022. In this role, he will report to Stefan Larsson, PVH chief executive officer, and will have responsibility for all finance functions. Commenting on Coughlin’s appointment, Larsson said: “Zac’s deep strength in financial...

Feb 10, 2022

Report

G-III Apparel Group raises full year forecast

G-III Apparel Group, Ltd. said net sales for the third quarter ended October 31, 2021 increased 22.8 percent to 1.02 billion dollars. The company reported net income of 106.7 million dollars or 2.16 dollars per diluted share compared to 63.2 million dollars or 1.29 dollars per diluted share, in the prior year’s quarter. Commenting on the company...

Dec 2, 2021

ManagementFeatured

PVH Q3 revenues and profit increase, updates outlook

Third quarter revenue at PVH Corp. increased 10 percent to 2.333 billion dollars compared to the prior year period. The company said that the revenue increase compared to the prior year period reflects a 12 percent increase in the Tommy Hilfiger business, including an 11 percent increase in Tommy Hilfiger international revenue and a 13 percent...

Dec 2, 2021