China has opened an investigation into whether PVH Corp., the parent company of brands such as Calvin Klein and Tommy Hilfiger, has taken “discriminatory measures” against products from its highly controversial Xinjiang Uyghur Autonomous Region. The country’s Ministry of Commerce said Tuesday that the probe will fall under its Unreliable Entity List mechanism, which it … Read more
PVH’s stock closed down 6 percent Wednesday as the market digested the group’s latest set of earnings, but analysts are betting on long-term results. The company revealed net revenues fell 6 percent to $2.07 billion in its second quarter as demand weakened across the globe, particularly in China. Within that, Tommy Hilfiger revenue decreased 4 … Read more
BCBG is getting a boost from some new partners. Parent company Marquee Brands — the brand management company that looks to build out well-known fashion names through licensing agreements — has inked deals with G-III Apparel Group and Group JS International to expand on BCBG’s legacy. Starting next year, G-III will pick up BCBG and … Read more
Morris Goldfarb is standing on his own and loving it — looking beyond G-III Apparel Group’s now fading partnership with PVH Corp.’s Tommy Hilfiger and Calvin Klein and building a fashion empire of his own. And it’s an empire clearly in growth mode. G-III, which topped first-quarter earnings projections and raised its outlook for the … Read more
LONDON — For Marcella Wartenbergh, chief executive officer of All We Wear Group — which owns Hackett, Pepe Jeans London, and Façonnable — culture is just as important as clothing in any fashion business. The Spanish executive spent much of her career at PVH Corp., and has worked with industry figures including Tommy Hilfiger, Karl … Read more
Tommy Hilfiger has been able to maintain his relevance in a fashion business that’s constantly changing. By embracing the celebrity connection and designing classics with a twist, Hilfiger has managed to keep the company’s momentum going strong for nearly 40 years. Launched in 1985 with Mohan Murjani’s backing, Hilfiger began with menswear, modernizing button-down shirts, … Read more
Tommy Hifiger wants a piece of the quiet luxury fashion juggernaut. On Friday night, he took over the cavernous Grand Central Oyster Bar to show his fall collection, setting an elevated mood with martinis and Champagne, and even re-covering the restaurant’s booth seating with on-brand Tommy blue ticking stripe for the show and its guests, … Read more
Tommy Hilfiger‘s look for fall 2024 is money. He said “see ya” to see now, buy now for fall 2024, repositioning his womenswear in a more luxury context: Grand Central Oyster Bar, with his newest ambassador Sofia Richie Grainge front and center. “The idea is we are elevating,” Hilfiger said during a preview of Friday’s … Read more
While it is the flashy tech giants that have been propelling Wall Street to new highs, some fashion and retail companies have been getting in on the action, too. The S&P 500 set a new all-time high of 4,906.69 on Friday and is up 20.5 percent over the past year, recovering from worries of a … Read more
LONDON — Calvin Klein is restructuring its European operations and laying off staff in the Amsterdam office as the focus shifts back to the U.S. and to a new global structure. The job losses will hit design, product development and some other creative areas, according to industry sources familiar with the company. It is understood … Read more
