Philips van Heusen news and archive

PVH revenues jump 36 percent in 2013

REPORT_ PVH Corp reported 2013 fourth quarter and full year results with non-GAAP earnings per share of 7.03 dollars (Rs 423.4) as compared to 6.58 dollars (Rs 396.3) in 2012. GAAP earnings per share were 1.74 dollars (Rs 104.8) as compared to 5.87 dollars (Rs 353.5) in 2012. Revenue on a non-GAAP basis increased 2.173 billion dollars (Rs...

Fashion

Calvin Klein owner buys Tommy Hilfiger

The Tommy Hilfiger fashion group is being bought by the owner of Calvin Klein, Philips-Van Heusen. The £2bn deal will create one of the world's largest clothing companies with $4.6bn revenue. Tommy Hilfiger is being sold by private equity firm Apax partners who bought it for $1.6bn in 2006. "I look forward to remaining actively involved in the...