tommy hilfiger owner pvh posts drop in q2 sales announces job cuts

Tommy Hilfiger owner PVH posts drop in Q2 sales, announces job cuts

Sumary of Tommy Hilfiger owner PVH posts drop in Q2 sales, announces job cuts:

  • CEO Stefan Larsson hailed underlying strength at Tommy Hilfiger and Calvin Klein despite the increasingly challenging macroeconomic environment as the quarter progressed.
  • Supply chain issues Larsson said the company continues to execute very well in Europe and Asia, where countries not currently impacted by Covid are performing significantly above pre-pandemic levels.

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