PVH Corp. operates as an apparel company worldwide. The company’s brand portfolio consists of brand names, including the global designer lifestyle brands, Calvin Klein and Tommy Hilfiger, as well as Van Heusen, IZOD, ARROW, Warner’s, Olga and Eagle, which are owned brands; and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection and Chaps, which are licensed, as well as various other licensed and private label brands. The company designs and markets branded dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products, handbags, footwear and other related products. Additionally, the company licenses its owned brands through a range of products. During 2015, the company’s directly operated businesses in North America consisted principally of wholesale men’s dress shirts, neckwear and underwear sales under its owned and licensed brands; wholesale men’s sportswear sales under its Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD and ARROW brands; wholesale women’s sportswear sales under its Tommy Hilfiger brand; wholesale men’s and women’s jeanswear sales under its Calvin Klein brands; wholesale women’s intimate apparel sales under its Calvin Klein, Warner’s and Olga brands; wholesale swimwear, footwear, swim accessories and related product sales under the Speedo brand; and the operation of retail stores, principally in premium outlet centers, under its Calvin Klein, Tommy Hilfiger and Van Heusen brands, as well as the IZOD brand. During 2015, the company’s directly operated businesses outside of North America consisted principally of its Tommy Hilfiger International wholesale and retail businesses in Europe and Japan; its Calvin Klein wholesale and retail businesses in Europe, Asia and Latin America; and the company’s wholesale Calvin Klein Collection business in Europe. The company’s licensing activities principally related to the licensing worldwide of its Calvin Klein and Tommy Hilfiger trademarks for a range of lifestyle products and for specific geographic regions. In February 2016, the company entered into a licensing agreement with G-III Apparel Group, Ltd. for the design, production and wholesale distribution of Tommy Hilfiger womenswear in the United States and Canada, with the first offerings under the new licensing arrangement expected to be launched for the 2016 holiday season. Segments The company aggregates its segments into three main businesses, such as Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments; and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments. Calvin Klein Business The Calvin Klein brands are: Calvin Klein Collection: The company’s ‘halo’ brand, under which men’s and women’s designer apparel and accessories, as well as items for the home, are sold. Distribution is through the wholesale channel worldwide (in stores and online), through flagship stores in Asia and the company’s own Calvin Klein Collection retail flagship store on Madison Avenue in New York City, as well as on calvinklein.com. Calvin Klein Platinum: The company’s ‘bridge’ brand offers fashionable items, including apparel and accessories. Offerings are sold in the wholesale channel through specialty and department store retailers (in stores and online) in various regions, as well as in free-standing stores in Asia. Distribution for the line is improving internationally across select markets. Calvin Klein: The company’s ‘better’ brand includes offerings, such as men’s sportswear and dress furnishings, men’s and women’s outerwear, fragrance, accessories, footwear, performance apparel, women’s sportswear, dresses, suits and handbags and items for the home. Distribution is primarily in North America through department store retailers (in stores and online), free-standing stores and on calvinklein.com, and is expanding internationally in select markets. Calvin Klein Jeans: Offerings under this label in
pvh corp (PVH:New York)
200 Madison Avenue
New York, NY 10016
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