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PVH raises earnings outlook, announces departure of Tommy Hilfiger CEO

First quarter revenue at PVH decreased 10 percent or 9 percent on a constant currency basis to 1.952 billion dollars, which exceeded guidance of a decrease of approximately 11 percent or 10 percent on a constant currency basis. PVH also announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, will be leaving the company. He...