One of the multi-billion clothing companies in the United States is PVH Corp. The business is one of the apparel retailers that are listed on the S&P 500 and the Russell 3000 Indices. Headquartered in New York City, the company continues to publicly trade its common stocks on the New York Stock Exchange, using the symbol PVH.
PVH is best known for owning the brand names Calvin Klein and Tommy Hilfiger. In addition to these two brand names, the company is also the owner and operator of IZOD, Arrow and Van Heusen. They also have license agreements with Sean John, JOE Joseph Abboud, MICHAEL Michael Kors, Max Azria, Chaps, Kenneth Cole New York and Geoffrey Beene. With these brand names under its control, the business is notable for being one of the largest branded lifestyle apparel companies in the world. Its diversified portfolio continues to be one of the key assets of the business to continue attracting investors and consumers around the world. In February 2013, the company was successful in closing the acquisition deal with The Warnaco Group. This buyout helped the company reach its annual revenue of more than $8.2 billion. The largest chunk of which continues to be generated from leading brand names Calvin Klein and Tommy Hilfiger.
The administrative offices of the company are mostly located within the United States. Its sourcing facilities are all over the world with locations in Hong Kog, Indonesia, Sri Lanka, China, Bangladesh, Honduras, Singapore, Taiwan, Thailand, Mongolia and in the Philippines. There are more than 12,000 associates that are working for the business.
By continuously eyeing the market for possible takeover of competing brands, PVH ceaselessly diversifies its offerings and maintain its global presence. From a North American menswear venture, PVH has evolved into a multi-branded global business. Its products are mostly marketed through popular department stores and through their 700 outlet stores.