PVH Corp. ("PVH", the "Company," "we," "us" or "our") made several acquisitions over a decade that have redefined the identity, performance and long-term growth potential of the Company – first with the successful acquisition of Calvin Klein in 2003, seven years later with the addition of Tommy Hilfiger, and most recently with the acquisition of The Warnaco Group, Inc. ("Warnaco") in February 2013. Through these transformative acquisitions, we have secured our position as one of the largest branded lifestyle apparel companies in the world, with a diversified portfolio of iconic lifestyle apparel brands, led by Calvin Klein and Tommy Hilfiger. Together, these two brands represent 85% of our operating profit1 and are expected to continue to drive future revenue and profitability growth.
PVH has evolved from its 1881 roots to become a diversified global company with $8.2 billion in 2013 revenues through a combination of strategic acquisitions and by successfully growing our brands globally across the wholesale, retail, e-commerce and licensing channels. We have transformed from a primarily North American menswear business to a global organization with significant operations in four regions, and with Asia and Latin America now accounting for over 20% of our operating income2. As a much larger organization, we continue to operate under our core business principles, which value leaders who hold the highest ethical standards, while also driving results across the business.
We grow global brands. PVH leverages a diversified portfolio of brands – including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Speedo3, Warner’s and Olga – and markets them globally. Our operational expertise, dedicated team of associates and leaders, and commitment to each brand's core values, allow us to gain market share as we pursue new markets and product categories globally.