PVH, the Calvin Klein and Tommy Hilfiger parent company, saw Q3 revenues increase 2% to $2.3bn, making for a drop of less than 1% in constant currencies. PVH expects revenues to be flat to slightly positive for the year, in constant currencies. The group mentioned ‘negative inflection’ in the Europe, Middle East and Africa division, which trended down 2% in constant currencies. PVH has been busy taking back licenses for its North American wholesale business from G-III Apparel Group, absorbing some of the businesses and finding other licensees for some categories, including dresses.
