Textiles, Apparel and Luxury Goods
Company Overview of PVH B.V.
PVH B.V., through its subsidiaries, designs, sources, and markets men’s and women’s sportswear and active wear, Jeanswear, and children swear. The company also offers various related apparel, accessories, footwear, fragrances, and home furnishings. The company distributes its products through department and specialty stores in the United States, Canada, Europe, Mexico, Central and South America, Japan, Hong Kong, South Africa, India, Australia, and other countries in the Far East. The company was formerly known as Tommy Hilfiger B.V. The company was founded in 1982 and is based in Amsterdam, the Netherlands. PVH B.V. operates as a subsidiary of PVH Corp.
Amsterdam, 1054 ES
Founded in 1982
31 20 598 9888
31 20 589 9888
Key Executives for PVH B.V.
Group Chief Executive Officer
Founder, Honorary Chairman and Principal Designer
Chief Executive Officer of Tommy Hilfiger Europe B V
Compensation as of Fiscal Year 2015.
PVH B.V. Key Developments
Tommy Hilfiger Reports Earnings Results for the First Quarter Ended May 3, 2015; Provides Revenue Guidance for the Second Quarter and Full Year of 2015
Jun 1 15
Tommy Hilfiger reported earnings results for the first quarter ended May 3, 2015. For the quarter, the company reported total revenue of $767.1 compared to $862.4 million in the prior year period. Earnings before interest and taxes was $92.1 million, inclusive of a $16 million negative impact due to foreign currency exchange rates, compared to $115.2 million in the prior year’s first quarter. The earnings decrease on a constant currency basis was principally the result of a decline in the North America business due to weak international tourist traffic, which drove more promotional selling, resulting in lower gross margins.
For the year 2015, the company is currently projected that revenue for the Tommy Hilfiger business is currently expected to increase approximately 3% on a constant currency basis (decrease approximately 7% on a GAAP basis).
For the second quarter of 2015, the company is currently projected that revenue for the Tommy Hilfiger business in the second quarter is currently expected to increase approximately 3% on a constant currency basis (decrease approximately 9% on a GAAP basis).
Tommy Hilfiger Announces Opening of the Tommy Hilfigerstore in China
Apr 30 15
Tommy Hilfiger, which is owned by PVH Corp. announced the opening of the larger Tommy Hilfigerstore in China, located in Beijing’s prestigious In88 shopping center. For the first time in the country, the new two-story location will showcase Hilfiger Collection, the pinnacle of the Tommy Hilfigerbrand’s design offerings. The premium women’s collection blends the brand’s Americana heritage with contemporary influences and luxurious textiles, and features designs that premiere on the runway during New York Fashion Week.
Tommy Hilfiger Plans to Open First Two Stores in Bulgaria
Feb 26 15
Tommy Hilfiger announced that it will shortly open two stores in Bulgaria, its first ones in the country, in partnership with Greece's SARKK Group. The brand's first store, with a total area of 160 sq m, will open doors on February 27, 2015 in The Mall, while on March 5, 2015 it will open a store in Serdika Center, both in the capital Sofia.
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