NEW YORK — Emanuel Chirico and his team at PVH Corp. think they’ve got the right prescription to reinvigorate the ailing Calvin Klein Jeans business — shrink it to grow it.
On a Thursday morning conference call to discuss the firm’s fourth-quarter results, Chirico, chairman and chief executive officer of PVH, provided analysts with a status report on the condition of the jeans and underwear businesses picked up in the $2.9 billion acquisition of Warnaco on Feb. 13. He also outlined the steps planned to fix the struggling jeans piece.
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