A global apparel company whose two biggest brands, TOMMY HILFIGER and Calvin Klein, dress people in sportswear, denim, underwear, accessories, and footwear sold through stores, online, and licensing deals. It began in 1881 when Moses Phillips sold shirts his wife and daughters hand-sewed from a pushcart to Pennsylvania coal miners, later merging with shirtmaker Van Heusen—famous for inventing the soft, no-starch collar that gave the company its Phillips-Van Heusen name before it rebranded as PVH and bought Calvin Klein and Tommy Hilfiger.
PVH appoints Alexis Rollier as CFO, effective early September 2026
Alexis Rollier will become Chief Financial Officer and join PVH in early September 2026, replacing Interim CFO Melissa Stone, who will continue as Executive Vice President, Global Financial Planning & Analysis.
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Rollier currently serves as Global COO and CFO of Sephora (LVMH Group), a role he has held since 2018.
His employment agreement provides an initial base salary of $850,000 per annum, with bonus opportunities (threshold 25%, target 100%, maximum 200% of base salary) and equity awards for fiscal 2027 (PSUs and RSUs each valued at approximately $1,150,000).
He will receive a $375,000 cash advance to replace forfeited 2026 bonus/equity from his current employer, plus sign-on and make-whole equity awards.
Severance terms include two times base salary plus target bonus for termination without cause or for good reason, with enhanced benefits after a change in control.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 8.01 Other Events · 9.01 Financial Statements and Exhibits
PVH Corp. enters new credit agreement with €400M term loan and $1.5B revolver
The Credit Agreement provides a €400 million euro-denominated term loan A facility and a US$1.5 billion multicurrency revolving credit facility.
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On June 24, 2026, PVH Corp. and its subsidiary PVH B.V. entered into a new Credit Agreement with Bank of America as administrative agent.
Proceeds from the euro term loan borrowing were used to repay and terminate the existing Credit Agreement dated December 9, 2022.
The new facilities mature on June 24, 2031, with quarterly repayments on the term loan starting September 30, 2026.
The Credit Agreement includes customary covenants, a maximum net leverage ratio, and events of default.
1.01 Entry into a Material Definitive Agreement · 1.02 Termination of a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
PVH Corp. shareholders approve amendments to Stock Incentive Plan at 2026 Annual Meeting
The share-counting method for full value awards (RSUs, PSUs, restricted stock) changed from 1.6 to 1.72 shares per award share for grants on or after June 18, 2026.
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At the June 18, 2026 Annual Meeting, stockholders approved adding 1,068,000 shares to the Stock Incentive Plan.
The Plan allows grants of options, SARs, restricted stock, RSUs, performance shares, PSUs, and other stock-based awards.
The Plan terminates on April 29, 2030, unless earlier determined by the Board.
The maximum annual director compensation under the Plan is $750,000 in total value, with exceptions for the Chair or presiding director.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
PVH Corp. reports Q1 2026 revenue of $2.025 billion, updates full year outlook
First quarter revenue increased 2% to $2.025 billion, exceeding guidance on a reported basis and in line with guidance in constant currency.
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Non-GAAP EPS was $2.01, exceeding guidance of $1.65 to $1.80; GAAP EPS was $1.90.
Non-GAAP operating margin was 6.5%, at the high end of guidance; GAAP operating margin was 6.1%.
Direct-to-consumer revenue increased 6% (3% in constant currency), with growth in both stores and e-commerce across Calvin Klein and Tommy Hilfiger.
Full year 2026 revenue outlook lowered to approximately flat on a reported basis; operating margin reaffirmed at approximately 8.8% non-GAAP, and EPS reaffirmed at $11.80 to $12.10 non-GAAP.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
PVH Corp. amends By-Laws to lower special meeting ownership threshold to 25%
On March 20, 2026, PVH Corp.'s Board of Directors amended the Company's By-Laws, effective immediately.
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The amendments reduce the ownership threshold for stockholders to request a special meeting from a majority to 25% of outstanding common stock.
The amendments include new conditions and requirements for stockholders requesting a special meeting and make conforming changes to existing provisions.
The full text of the amended By-Laws is attached as Exhibit 3.1 to the Form 8-K.
The report was filed under Item 5.03 because it relates to amendments to the Company's By-Laws.
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 9.01 Financial Statements and Exhibits