Published
September 3, 2026
PVH Corp. on Wednesday announced a 3% decrease in second-quarter sales to $2.097 billion as Calvin Klein sales tumbled, partially offset by a steady Tommy Hilfiger business.
Calvin Klein Autumn 2026 denim campaign featuring singer Tate McRae – Calvin Klein
The New York-based company said Calvin Klein sales fell 7%, impacted by a 4% decrease attributable to the impact of wholesale shipment timing in Americas. Meanwhile, sales growth at Tommy Hilfiger remained unchanged.
By region, EMEA revenue decreased 6%, on soft consumer demand due to the prolonged effects from the conflict in the Middle East and its broader macroeconomic impacts, alongside a 1% decline in the Americas, with the region’s direct-to-consumer business growth offset by declines in wholesale. The company’s APAC region was the only territory to log sales growth, up 3%.
For the three months ending August 2, the company logged a net loss of $102.9 million, compared to a net income of $224.2 million in the prior-year period.
“In the second quarter, we delivered revenue in line with our guidance and profitability exceeding expectations, reflecting our disciplined execution of the PVH+ Plan across our two iconic brands, Calvin Klein and Tommy Hilfiger,” said Stefan Larsson, chief executive officer, PVH Corp.
“We continued to build momentum in DTC, with growth in both Americas and APAC and improved performance in EMEA compared to last quarter. E-commerce grew across both brands, including strong increases in online traffic. In both brands we are seeing early momentum for the new fall season in product and marketing, with a very positive consumer response to our recently-launched campaigns featuring Tate McRae for Calvin Klein and Travis Kelce for Tommy Hilfiger.”
Looking ahead, the company said it expects to recover sales losses for the full-year, reaffirming its outlook of approximately flat revenues on a reported basis.
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