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PVH Corp’s full year revenue up eight per cent

PVH Corp’s fourth quarter revenue fell one per cent. Tommy Hilfiger’s revenue went up two per cent with the label’s international revenue rising three per cent and sales in North America increasing two per cent. The brand’s comparable store sales increased 16 per cent internationally and five per cent in North America. Calvin Klein’s quarterly revenue fell two per cent. The brand’s international revenue actually increased two per cent with comparable store sales in the segment rising six per cent. However, this progress was more than offset by a seven per cent decrease in the brand’s revenue in North America, where sales fell seven per cent. Revenue in PVH’s Heritage Brands business fell five per cent.

PVH’s full year revenue was up eight per cent. Here too Tommy Hilfiger led progress with a 12 per cent increase in revenue, reflecting a growth of 13 per cent in international comparable store sales and five per cent in North American comps. Calvin Klein posted an eight per cent increase, with particularly strong growth seen in Europe and Asia, as well as in North American wholesale. Overall, the brand’s international comps increased five per cent while North America saw a smaller comps rise of one per cent.

 
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