Business Highlights

Our accomplishments go beyond our
financial performance and include the
successes we have achieved in marketing,
logistics, philanthropy and
corporate citizenship.

Posted constant currency topline growth across most markets for our Calvin Klein and Tommy Hilfiger businesses.

Contributed approximately $18 million to organizations and programs that support the needs of women and children.

Posted stellar performance in Europe:

  • Our Calvin Klein Europe business posted a significant increase in sales and profitability, driven by strength across all categories, and we are on track to meet our 10% operating margin target over the next several years.
  • Within the Tommy Hilfiger Europe business, comparable store sales grew 8%, as the brand’s strong positioning continues to enable us to capture market share gains.

Fortune magazine once again named PVH Corp. on its annual list of The World’s Most Admired Companies.

Drove consumer engagement and brand relevance through our digital marketing campaigns for Calvin Klein and Tommy Hilfiger, which received major awards including the Grand CLIO Image Award (Calvin Klein) and rankings on L2’s 2015 Digital IQ Index: Fashion (Calvin Klein and Tommy Hilfiger).

Leveraged our expertise across our underwear businesses:

  • Sales of Calvin Klein Underwear were robust in all key markets and, for the first time, women’s product outperformed men’s.
  • The Tommy Hilfiger underwear marketing campaign featuring Rafael Nadal had over 500 million impressions and helped improve full price sales and sell throughs of underwear in Europe and the U.S. during the second half of 2015.

Sales of Warner’s bras gained nearly 250 basis points of market share over the last three years and the brand held a nearly 9% market share across U.S. department and chain stores in 2015.

Achieved a significant improvement in our Heritage Brands business operating margins, driven by key improvements in dress shirts, sportswear and Van Heusen retail.

Formally rolled out globally PVH University, a program designed to provide our associates with the opportunity to maximize their career potential through in-person and online classes and presentations.

Raised over $3 million for the Ronald McDonald House in New York City at their 23rd Annual Gala, with the event resulting in a total of $6 million raised.

Handled over 160,000 deliveries to our retail stores globally, with many key markets achieving over 99.5% on-time delivery performance.

Posted approximately 20% sales growth across our directly operated digital commerce sites, driven by our initiatives to expand into new regions, launch additional product categories, enhance the user-experience and grow our mobile capabilities.

Diversified and enhanced our distribution of Calvin Klein and Tommy Hilfiger products by adding specialty apparel retailers such as Urban Outfitters and Topshop, and increasing our presence with e-tailers such as Zalando, Amazon and Tmall.