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PVH Corp
-6.9%
Clothing & footwear / Apparel and Fashion Retail
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Overview
PVH Corp, formerly known as Phillips-Van Heusen Corporation, is an American clothing company that owns and operates popular fashion brands such as Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, and Speedo. The company was founded in 1881 and is headquartered in New York City.
PVH Corp is one of the largest global apparel companies, with a presence in over 40 countries and sales of over $9 billion in 2019. The company's products are sold in department stores, specialty stores, and PVH-owned retail stores, as well as through e-commerce channels.
PVH Corp aims to provide high-quality, fashionable clothing at affordable prices. The company also strives to be a responsible corporate citizen, committed to sustainability and social responsibility initiatives.
PVH Corp has a strong focus on innovation and technology, constantly seeking new ways to improve their products and operations. The company also prioritizes diversity and inclusion, with a goal to create a workplace where all employees feel valued and respected.
Overall, PVH Corp is a leading player in the global fashion industry, known for its iconic brands, innovative approach, and commitment to social and environmental responsibility.
PVH Corp is one of the largest global apparel companies, with a presence in over 40 countries and sales of over $9 billion in 2019. The company's products are sold in department stores, specialty stores, and PVH-owned retail stores, as well as through e-commerce channels.
PVH Corp aims to provide high-quality, fashionable clothing at affordable prices. The company also strives to be a responsible corporate citizen, committed to sustainability and social responsibility initiatives.
PVH Corp has a strong focus on innovation and technology, constantly seeking new ways to improve their products and operations. The company also prioritizes diversity and inclusion, with a goal to create a workplace where all employees feel valued and respected.
Overall, PVH Corp is a leading player in the global fashion industry, known for its iconic brands, innovative approach, and commitment to social and environmental responsibility.
What is special about the company?
1. Diverse brand portfolio: PVH Corp owns a diverse portfolio of well-known fashion brands including Calvin Klein, Tommy Hilfiger, Van Heusen, and Izod. This allows the company to target different consumer segments and create a strong market presence.
2. Global presence: With a presence in over 40 countries, PVH Corp has a strong global footprint. This allows the company to tap into different markets and diversify its revenue streams.
3. Innovation and Design: PVH Corp is known for its innovative and trendsetting designs, which has helped its brands gain popularity and stay relevant in the dynamic fashion industry.
4. Strong supply chain: The company has a well-established and vertically integrated supply chain, enabling it to have greater control over production, quality, and distribution of its products. This gives PVH Corp a competitive advantage in terms of cost efficiency and speed to market.
5. Strong financial performance: PVH Corp has consistently delivered strong financial results, with consistent revenue and profit growth. This is a testament to the company's strong management and business strategies.
6. Commitment to sustainability: PVH Corp has made a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact and promote ethical and responsible practices throughout its supply chain.
7. Corporate social responsibility: The company is actively involved in various philanthropic and social responsibility initiatives, supporting causes such as education, community development, and disaster relief.
8. Award-winning employer: PVH Corp is recognized as one of the best places to work, with a diverse and inclusive workplace culture, competitive employee benefits, and development opportunities for its employees.
2. Global presence: With a presence in over 40 countries, PVH Corp has a strong global footprint. This allows the company to tap into different markets and diversify its revenue streams.
3. Innovation and Design: PVH Corp is known for its innovative and trendsetting designs, which has helped its brands gain popularity and stay relevant in the dynamic fashion industry.
4. Strong supply chain: The company has a well-established and vertically integrated supply chain, enabling it to have greater control over production, quality, and distribution of its products. This gives PVH Corp a competitive advantage in terms of cost efficiency and speed to market.
5. Strong financial performance: PVH Corp has consistently delivered strong financial results, with consistent revenue and profit growth. This is a testament to the company's strong management and business strategies.
6. Commitment to sustainability: PVH Corp has made a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact and promote ethical and responsible practices throughout its supply chain.
7. Corporate social responsibility: The company is actively involved in various philanthropic and social responsibility initiatives, supporting causes such as education, community development, and disaster relief.
8. Award-winning employer: PVH Corp is recognized as one of the best places to work, with a diverse and inclusive workplace culture, competitive employee benefits, and development opportunities for its employees.
What the company's business model?
PVH Corp is a global apparel company that owns and operates various fashion brands including Calvin Klein, Tommy Hilfiger, and others. Its business model is focused on the design, marketing, and distribution of these brands' clothing, accessories, and other fashion products. This includes manufacturing, sourcing, and selling of these products through various retail channels such as wholesale, e-commerce, and company-owned brick-and-mortar stores. PVH also has licensing agreements with third parties to produce and sell certain products under its brands. It seeks to appeal to a diverse consumer base by offering a wide range of products at different price points. Additionally, the company has a strong focus on sustainability and corporate responsibility, and works to minimize its environmental impact and improve working conditions in its supply chain. Overall, PVH's business model is centered around brand management and innovation, strategic partnerships, and sustainable practices to drive growth and profitability in the fashion industry.
Interesting facts about the company
1. PVH Corp was originally known as the Phillips-Van Heusen Corporation when it was founded in 1881 by Moses Phillips and his two brothers-in-law, Isaac and Endel Van Heusen.
2. The company’s first product was a detachable collar for men’s shirts, which was patented in 1901.
3. In 1920, the company introduced the first men’s shirt with a patented soft-folding collar attached to the neckline, known as the Greatest Shirt in the World.
4. PVH Corp was one of the first companies to advertise its products on national television in the 1950s.
5. The company expanded its product line in the 1970s to include women’s clothing, and later acquired the Calvin Klein brand in 2003.
6. In 2011, PVH Corp also acquired Tommy Hilfiger Corporation, making it one of the world’s largest apparel companies.
7. PVH Corp is currently listed on the New York Stock Exchange and has annual revenues of over $9 billion.
8. The company has over 35,000 employees worldwide and operates in over 40 countries.
9. PVH Corp is committed to sustainability and has been recognized by the Carbon Disclosure Project for its efforts to reduce carbon emissions and water usage.
10. PVH Corp also has a strong philanthropic presence, supporting various causes such as education, health, and the environment through its PVH Foundation.
See Company Due Diligence:
2. The company’s first product was a detachable collar for men’s shirts, which was patented in 1901.
3. In 1920, the company introduced the first men’s shirt with a patented soft-folding collar attached to the neckline, known as the Greatest Shirt in the World.
4. PVH Corp was one of the first companies to advertise its products on national television in the 1950s.
5. The company expanded its product line in the 1970s to include women’s clothing, and later acquired the Calvin Klein brand in 2003.
6. In 2011, PVH Corp also acquired Tommy Hilfiger Corporation, making it one of the world’s largest apparel companies.
7. PVH Corp is currently listed on the New York Stock Exchange and has annual revenues of over $9 billion.
8. The company has over 35,000 employees worldwide and operates in over 40 countries.
9. PVH Corp is committed to sustainability and has been recognized by the Carbon Disclosure Project for its efforts to reduce carbon emissions and water usage.
10. PVH Corp also has a strong philanthropic presence, supporting various causes such as education, health, and the environment through its PVH Foundation.
See Company Due Diligence:
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