By  on April 19, 2012

If it wasn’t for Van Heusen, there would be no Tommy or Calvin — at least not for PVH Corp.

The revenue generated by the dress furnishings division, led by Van Heusen, the country’s largest-selling dress shirt brand, has provided the corporation with the stability and assets it needed to acquire two high-profile designer brands over the past decade. “If it wasn’t for the cash flows and the consistency of the heritage business, we wouldn’t own Calvin and Tommy today,” said Emanuel Chirico, chief executive officer of PVH.

The corporation has been a factor in the nation’s dress shirt business since 1881, when Polish immigrant Moses Phillips started selling hand-sewn shirts to coal miners in Pennsylvania. What really put the company on the map, however, was when Moses’ son bought the U.S. patent for a soft-folding collar shirt from the Dutchman, John Manning van Heusen, in 1919.


load comments
blog comments powered by Disqus