PVH records modest growth in first quarter
05/06/2025
Sales of Calvin Klein goods remained flat compared to the same period last year whereas revenues for Tommy Hilfiger were up 3%.
Group CEO Stefan Larsson commented: “While we are making important progress in our PVH+ Plan execution, we are navigating an increasingly uncertain consumer and macroeconomic backdrop—and given where we are on our brand-building journey, we’re not yet fully able to offset that impact. Looking ahead, we’re focused on what we can control, stepping up our actions to scale the impact of our stronger product, next-level cut-through campaigns, and sharper marketplace execution across both brands. This will both strengthen the back half of this year, and continue to move us toward our long-term goal of building Calvin Klein and Tommy Hilfiger into the most desirable lifestyle brands in the world.”
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