PVH gross sales harm by Calvin Klein declines, reaffirms steering

By Syedali Mallikar

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PVH sales hurt by Calvin Klein declines, reaffirms guidance


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September 3, 2026

PVH Corp. on Wednesday introduced a 3% lower in second-quarter gross sales to $2.097 billion as Calvin Klein gross sales tumbled, partially offset by a gentle Tommy Hilfiger enterprise.

Calvin Klein Autumn 2026 denim marketing campaign that includes singer Tate McRae – Calvin Klein

The New York-based firm mentioned Calvin Klein gross sales fell 7%, impacted by a 4% lower attributable to the affect of wholesale cargo timing in Americas. In the meantime, gross sales progress at Tommy Hilfiger remained unchanged.

By area, EMEA income decreased 6%, on tender client demand as a result of extended results from the battle within the Center East and its broader macroeconomic impacts, alongside a 1% decline within the Americas, with the area’s direct-to-consumer enterprise progress offset by declines in wholesale. The corporate’s APAC area was the one territory to log gross sales progress, up 3%.

For the three months ending August 2, the corporate logged a internet lack of $102.9 million, in comparison with a internet revenue of $224.2 million within the prior-year interval.

“Within the second quarter, we delivered income according to our steering and profitability exceeding expectations, reflecting our disciplined execution of the PVH+ Plan throughout our two iconic manufacturers, Calvin Klein and Tommy Hilfiger,” mentioned ​Stefan Larsson, chief govt officer, PVH Corp.

“We continued to construct momentum in DTC, with progress in each Americas and APAC and improved efficiency in EMEA in comparison with final quarter. E-commerce grew throughout each manufacturers, together with sturdy will increase in on-line visitors. In each manufacturers we’re seeing early momentum for the brand new fall season in product and advertising and marketing, with a really constructive client response to our recently-launched campaigns that includes Tate McRae for Calvin Klein and Travis Kelce for Tommy Hilfiger.”

Wanting forward, the corporate mentioned it expects to recuperate gross sales losses for the full-year, reaffirming its outlook of roughly flat revenues on a reported foundation.

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