PVH on NYSE

PVH Corp.

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

American clothing company

PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Tommy Hilfiger and Calvin Klein. The company also licenses brands such as Kenneth Cole New York and Michael Kors.3 From Wikipedia, CC BY-SA 4.0

$84.68 down 0.71 (0.83%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 18, 2026.

Overview

$9.0BRevenue, fiscal 20266
$25.3MNet income, fiscal 20266
1881Founded1

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  • TickerPVH on NYSE1
  • Industryclothing industry, fashion, textile industry1
  • HeadquartersNew York City1
  • Websitewww.pvh.com
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address285 Madison Avenue, New York, Ny 100177
  • Filer categoryLarge accelerated filer7

PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Tommy Hilfiger and Calvin Klein. The company also licenses brands such as Kenneth Cole New York and Michael Kors.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

57.5%Gross margin6
2.6%Operating margin6
0.3%Net margin6
3.4%Revenue growth, 20266
0.5%Return on equity6
0.48×Debt to equity6
$538.4MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

EMEA brought in 48% of the revenue PVH Corp. broke down this way in fiscal 2026.

  1. EMEA$4.3B648%up 5% from 2025
  2. Americas$2.7B631%up 6% from 2025
  3. Asia Pacific$1.5B617%down 4% from 2025
  4. Licensing$421.2M65%down 2% from 2025
Business segments by year
Business segments202420252026
EMEA$4.3B$4.1B$4.3B
Americas$2.9B$2.6B$2.7B
Asia Pacific$1.6B$1.6B$1.5B
Licensing$442.9M$427.7M$421.2M

Regions

EMEA brought in 38% of the revenue PVH Corp. broke down this way in fiscal 2026.

  1. EMEA$4.3B638%up 5% from 2025
  2. Americas$3.1B627%up 5% from 2025
  3. United States$2.6B622%up 4% from 2025
  4. Asia Pacific$1.5B613%down 4% from 2025
Regions by year
Regions202420252026
EMEA$4.4B$4.1B$4.3B
Americas$3.2B$2.9B$3.1B
United States$2.7B$2.5B$2.6B
Asia Pacific$1.6B$1.6B$1.5B

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue42¢$3.8B
  • Selling, general and admin50¢$4.5B
  • Other costs5¢$411.0M
  • Interest1¢$94.2M
  • Income tax1¢$126.0M
  • Profit0¢$25.3M

Out of $9.0B in revenue.6

Where each dollar of operating cash went, fiscal 2026

  • Capital spending20¢$142.0M
  • Share buybacks80¢$577.7M

Out of $680.4M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue9101112136$9.0B in 2026−7% since 2019
0$2.5B$5.0B$7.5B$10.0B2019: $9.7B$9.7B20192020: $9.9B$9.9B2020+3%2021: $7.1B$7.1B2021−28%2022: $9.2B$9.2B2022+28%2023: $9.0B$9.0B2023−1%2024: $9.2B$9.2B2024+2%2025: $8.7B$8.7B2025−6%2026: $9.0B$9.0B2026+3%
Gross profit9101112136$5.1B in 2026−3% since 2019
0$2.0B$4.0B$6.0B2019: $5.3B$5.3B20192020: $5.4B$5.4B2020+2%2021: $3.8B$3.8B2021−30%2022: $5.3B$5.3B2022+41%2023: $5.1B$5.1B2023−4%2024: $5.4B$5.4B2024+5%2025: $5.1B$5.1B2025−4%2026: $5.1B$5.1B2026+0%
Operating income9101112136$230.6M in 2026−74% since 2019
-$2.0B-$1.0B0$1.0B$2.0B2019: $891.7M$891.7M20192020: $558.7M$558.7M2020−37%2021: -$1.1B-$1.1B20212022: $1.1B$1.1B20222023: $470.7M$470.7M2023−56%2024: $928.8M$928.8M2024+97%2025: $772.3M$772.3M2025−17%2026: $230.6M$230.6M2026−70%
Net income9101112136$25.3M in 2026−97% since 2019
-$2.0B-$1.0B0$1.0B2019: $746.4M$746.4M20192020: $417.3M$417.3M2020−44%2021: -$1.1B-$1.1B20212022: $952.3M$952.3M20222023: $200.4M$200.4M2023−79%2024: $663.6M$663.6M2024+231%2025: $598.5M$598.5M2025−10%2026: $25.3M$25.3M2026−96%

Every line of the income statement in the latest annual report, as filed.6

Period ending2026-01-312025-01-312024-01-31
Revenue$9.0B$8.7B$9.2B
Cost of goods sold$3.8B$3.5B$3.9B
Gross profit$5.1B$5.1B$5.4B
Selling, general and administrative expenses$4.5B$4.4B$4.5B
Goodwill and other intangible asset impairments$479.5M$0$0
Non-service related pension and postretirement income (cost)$8.9M-$26.6M$47.2M
Other gain$0$19.5M$15.3M
Equity in net income of unconsolidated affiliates$44.7M$48.2M$45.7M
Income before interest and taxes$230.6M$772.3M$928.8M
Interest expense$94.2M$89.8M$99.3M
Interest income$14.9M$23.2M$11.5M
Income before taxes$151.3M$705.7M$841.0M
Effective Income Tax Rate, Amount$126.0M$107.2M$177.4M
Net income$25.3M$598.5M$663.6M
Basic net income per common share$0.53$10.69$10.88
Diluted net income per common share$0.52$10.56$10.76

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The story

19th to early 20th century

The history of Phillips-Van Heusen goes back in part to Dramin Jones, a Prussian immigrant who founded the shirt manufacturing company D. Jones & Sons, c. 1865. Separately, in 1881, Moses Phillips and his wife Endel began sewing shirts by hand and selling them from pushcarts to local anthracite coal-miners in Pottsville, Pennsylvania. This grew into a shirt business in New York City that placed one of the first ever shirt advertisements in the Saturday Evening Post. D. Jones & Sons merged with M. Phillips & Sons in 1907 under the name Phillips-Jones after Dramin Jones's death in 1903. Later Isaac Phillips met John Van Heusen, resulting both in their most popular line of shirts (Van Heusen), and in the subsequent acquisition of Van Heusen by Phillips-Jones and its renaming to Phillips-Van Heusen in 1957.

PVH is partly named after Dutch immigrant John Manning van Heusen, who in 1910 invented a new process that fused cloth on a curve.

20th century

The Phillips-Jones Corporation received a patent for a self-folding collar in 1919; the corporation released the product to the public in 1921 and it became successful. The first collar-attached shirt was introduced in 1929. The Bass Weejun was introduced in 1936. Geoffrey Beene shirts were launched in 1982. In 1987, Phillips-Van Heusen acquired G. H. Bass. In 1995, the corporation acquired the Izod brand, followed by the Arrow brand in 2000, and the Calvin Klein company in 2002.

21st century

In 2004, PVH began manufacturing clothing for the Donald J. Trump Signature Collection as part of a licensing agreement with Donald Trump.

After acquiring Superba, Inc., in January 2007, PVH owned necktie licenses for brands such as Arrow, DKNY, Tommy Hilfiger, Nautica, Perry Ellis, Ted Baker, Michael Kors, JOE Joseph Abboud, Original Penguin and Jones New York. The corporation began making men's clothing under the Timberland name in 2008, with women's clothing following in 2009, under a licensing agreement.

On March 15, 2010, Phillips-Van Heusen acquired Tommy Hilfiger for $3 billion. In the third quarter of 2010 losses made on the "Van Heusen" brand led to the decision to pull it out of all European trading markets. As of March 2011 the company sells no products under that name in Europe. All European staff became redundant as a result.

In 2011, Phillips-Van Heusen was renamed to PVH.

In February 2013, PVH acquired Warnaco Group, which manufactured the Calvin Klein underwear, jeans and sportswear lines under license, thus consolidating control of the Calvin Klein brand. The Warnaco acquisition also added the Warner's and Olga intimate apparel brands, as well as the Speedo swimwear brand (the latter in North America only). In November 2013 PVH sold the G.H. Bass brand and all of its assets, images and licenses to G-III Apparel Group.

Read the full text

PVH ended its licensing agreement with Trump in July 2015, after Macy's discontinued sales of his Trump Signature Collection due to controversial comments that he made regarding undocumented immigrants.

In 2017 Forbes ranked PVH 25th out of 890 companies on the "Just company" list.

In March 2017, PVH acquired lingerie brand True & Co.

In June 2018, PVH acquired the Geoffrey Beene clothing brand, which PVH previously produced under license. On August 28, 2018, PVH announced that it would expand the Izod brand to portions of Europe beginning with the Fall/Winter 2018 collection.

In December 2019, CNBC listed PVH along with 91 additional Fortune 500 companies that "paid an effective federal tax rate of 0% or less" in 2018 as a result of Donald Trump's Tax Cuts and Jobs Act of 2017.

In January 2020, PVH sold back the rights for the Speedo swimwear brand, previously marketed under "Speedo USA" and "Speedo North America", back to Speedo's international parent, the British Pentland Group for $170 million.

In May 2021, PVH was exploring a sale of the Heritage Brands division consisting of Van Heusen, Izod, Arrow, Warner's, Olga, True & Co., and Geoffrey Beene, with Authentic Brands Group as a potential buyer. The sale to ABG was officially announced on June 23, 2021, consisting of Izod, Van Heusen, Arrow, and Geoffrey Beene. The sale closed on August 2, 2021. Under Authentic Brands Group, United Legwear & Apparel Company was granted the license for the Van Heusen, Arrow, and Geoffrey Beene brands, while Centric Brands was granted the license for the Izod brand.

A sale of the Warner's, Olga, and True&Co brands to Basic Resources followed in November 2023.

In July 2022, PVH announced the creation of the first sustainable supply chain finance program tied to environment and social factors, in partnership with HSBC Bank USA.

On February 4, 2025, China placed PVH Corp on its "Unreliable Entities List" as part of its response to U.S. President Donald Trump's second round of tariffs against it. The company said it was "surprised and deeply disappointed" by the decision as it said it had operated in China in "strict compliance with all relevant laws and regulations and operates in line with established industry standards and practices." PVH had been under investigation by Chinese regulators for allegedly boycotting the use of cotton from Xinjiang.

From Wikipedia’s article on PVH Corp., shared under CC BY-SA 4.0.8

Leadership

Who has led PVH Corp., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (48)

Products and brands

  • clothing

Listed on Wikidata.1

In October 2007, PVH took over naming rights to the Meadowlands Sports Complex arena in East Rutherford, New Jersey. The arena's name was changed to the Izod Center, effective on October 31, 2007. PVH paid about $1.4 million a year for two years, then paid $750,000 a year in addition to $100,000 per year to supply arena employees with Izod uniforms. In 2015, the Izod Center was permanently closed.

From Wikipedia’s article on PVH Corp., shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. 1995Acquired Izod1

Former names

  • PHILLIPS VAN HEUSEN CORP /DE/Jun 17, 1994 to Jun 23, 20117
  • Phillips-Van Heusen Corporation1957 to 20111
  • Phillips-Jones Corporation1907 to 19571

Timeline

  1. Dec 30, 2024New chief executive Donald Kohler becomes CEO18
  2. Dec 30, 2024New chief executive Fredrik Olsson becomes CEO19
  3. Jun 28, 2024New chief executive David Savman becomes CEO17
  4. Feb 16, 2021New chief executive Trish Donnelly becomes CEO21
  5. Feb 2021New chief executive Stefan Larsson becomes CEO1
  6. Jun 8, 2020New chief executive Martijn Hagman becomes CEO22
  7. Jul 3, 2019New chief executive Hodges Cheryl Abel becomes CEO23
  8. Jul 3, 2014New chief executive Steven B. Shiffman becomes CEO24
  9. Mar 29, 2012New chief executive Francis K. Duane becomes CEO25
  10. 2011Renamed Name changed to PVH Corp.1
  11. May 14, 2010New chief executive Fred Gehring becomes CEO26
  12. Mar 27, 2009New chief executive Paul Thomas Murry becomes CEO27
  13. Mar 28, 2006New chief executive Emanuel Chirico becomes CEO28
  14. Sep 9, 2003New chief executive Bruce J. Klatsky becomes CEO29
  15. 1957Renamed Name changed to Phillips-Van Heusen Corporation1
  16. 1920Went public Listed on NYSE1
  17. 1881Founded Founded1

Recent filings

  1. Oct 7, 2026SCHEDULE 13G/A
  2. Oct 6, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
  3. Oct 6, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
  4. Sep 24, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  5. Sep 15, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
  6. Sep 11, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  7. Sep 2, 20268-K
  8. Sep 2, 202610-Q
  9. Aug 5, 20268-K CURRENT REPORT
  10. Jul 14, 2026144
  11. Jul 14, 20268-K CURRENT REPORT
  12. Jun 29, 20268-K CURRENT REPORT
  13. Jun 26, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  14. Jun 24, 20268-K
  15. Jun 24, 202611-K ANNUAL REPORT

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

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