PVH Corp. is decentralizing the design functions of Calvin Klein Jeans and cleaning up its distribution as the company seeks to return the division to acceptable levels of profitability in the U.S. and Europe.
In separate comments Thursday at the Piper Jaffray Annual Consumer Conference in New York and on a call to discuss first-quarter results reported late Wednesday, Emanuel Chirico, chairman and chief executive officer of PVH, noted that jeanswear was “the only difficult business” within the Calvin Klein brand.
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