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PVH Takes Billion-Dollar Bruising in First Quarter

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

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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