PVH Corp.’s two marquee acquisitions, Tommy Hilfiger and Calvin Klein, allowed it to overcome softness in the Heritage Brands segment and cruise past its own elevated expectations for third-quarter profits and sales.
The Hilfiger and Klein businesses posted robust double-digit increases in operating income and revenues for the quarter. On a conference call late Thursday afternoon, Emanuel Chirico, chairman and chief executive officer, said that both brands began the fourth quarter with healthy increases in November and appeared on track to again outperform their plans.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)