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PVH Takes Billion-Dollar Bruising in First Quarter

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PVH Corp., parent to Tommy Hilfiger and Calvin Klein, suffered severe disruptions to every level of its business in the quarter except e-commerce. In a Nutshell: PVH Corp. said its business was significantly impacted by the COVID-19 pandemic during the first quarter, resulting in an “unprecedented decline” in revenue and earnings, and that it expects…

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