Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $7
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events
×

Retail news from around the globe

PVH profit hit by tariffs, falling sales US clothing company PVH, the owner of leading brands such Calvin Klein, Van Heusen, Tommy Hilfiger, Izod and Arrow among others, has cut its full-year profit forecast for the second time this year due to the US-China trade tensions and the ongoing protests in Hong Kong. The company now expects full-year adjusted profit of between US$9.30 and US$9.40 per share compared to prior estimate of US$10.20 to US$10.30 per share. PVH said the US tariffs on Chinese