PVH Business Summary

PVH Corp. operates as a global lifestyle apparel leader, generating revenue through a multi-channel model centered on its two iconic flagship brands, Tommy Hilfiger and Calvin Klein. The company’s income is derived from wholesale distribution to department stores and digital marketplaces, direct-to-consumer (DTC) sales via owned retail stores and e-commerce platforms, and high-margin licensing agreements for product categories such as fragrances and eyewear. Business segments are organized by brand and geography, specifically Tommy Hilfiger International, Tommy Hilfiger North America, Calvin Klein International, and Calvin Klein North America. In the competitive landscape, PVH contends with Ralph Lauren, Capri Holdings, and Tapestry. PVH distinguishes itself through its "PVH+ Plan," a strategy focused on driving brand desirability and operational efficiency, positioning the firm as a premium, digital-first brand builder with a more concentrated portfolio than its multi-label peers. Tracing its origins to the 1881 founding by Moses and Endel Phillips, PVH is currently led by CEO Stefan Larsson, a retail veteran who previously served as CEO of Ralph Lauren and President of Old Navy. As of February 2026, the executive team includes Interim CFO Melissa Stone, a 20-year company veteran, and David Savman, who serves as Global Brand President for Calvin Klein following his tenure as Chief Supply Chain Officer. The leadership suite is rounded out by Chief Technology and Information Officer Ester Jimenez and Chief Communications Officer Gemma Hart. The company’s strategic oversight is provided by a board chaired by Michael Calbert, a former KKR partner, while major institutional shareholders include Pzena Investment Management, The Vanguard Group, and BlackRock, signaling robust support for the company's brand-scaling and supply chain optimization initiatives.