By most accounts, the cardinal sin of retail is being “out of stock.” Being unable to meet customer demand for certain items, sizes and colors is a far more costly problem with potentially lethal long-term customer relations implications than overshooting inventory a bit and then...
In today’s top retail news, BJ’s Wholesale Club has tapped Citizens Bank to let members finance purchases over $99, while PVH announced as part of its financial results that its direct-to-consumer (D2C) revenue soared. Plus, Target and Walmart have revealed sales events to match Amazon’s...
PVH, whose stable of brands includes names such as Tommy Hilfiger and Calvin Klein, reported its total direct-to-consumer (D2C) revenue surged by 66 percent in the first quarter of 2021 from the prior year period, according to an announcement. In addition, PVH reported that its wholesale...
People who travel to other states during the COVID-19 pandemic are not alone in facing quarantine. Manny Chirico, the CEO of PVH, one of the largest apparel companies in the world, said customer returns will be quarantined for a few days. “We’ve closed our fitting rooms...
December 01, 2022
Apparel giant PVH credits strong consumer connection with its top two brands for Q3 upside surprise. In labeling the pricing power and performance of Calvin Klein and Tommy Hilfiger “hero products” the New York-based global apparel conglomerate said it was able to navigate a tricky macroeconomic environment that saw improved interest in all its offerings. […]
June 03, 2021
PVH, whose stable of brands includes names such as Tommy Hilfiger and Calvin Klein, reported its total direct-to-consumer (D2C) revenue surged by 66 percent in the first quarter of 2021 from...
May 20, 2020
People who travel to other states during the COVID-19 pandemic are not alone in facing quarantine. Manny Chirico, the CEO of PVH, one of the largest apparel companies in the world,...