Calvin Klein Supplier Eyes Colombo Listing to Fund Africa Growth 2021/06/28 04:44:00 Ada Derana Biz
Bloomberg Apparel maker Hela Clothing plans an initial public offering on the Colombo Stock Exchange within 12 months to raise capital for entry into North Africa and the expansion of its East African operations. The Sri Lanka-based manufacturer for PVH Corp. the parent company of fashion brands Tommy Hilfiger and Calvin Klein will offload a 20% stake for $20 million, Chief Executive Officer Dilanka Jinadasa said in an interview Tuesday. Hela manufactures underwear, sleepwear and childrens apparel. An entry into Egypts $1 billion apparel market will help to boost the companys value by about 11% to $250 million by the end of the financial year in March, he said. Hela will set up shop in the North African nation in the first quarter of 2022 and work with existing manufacturers, leveraging the countrys fabric mills, lace suppliers and mature supply chain to reduce lead times. You can ship to Europe between three to seven days, and to the U.S. within about 10 to 12 days, Jinadasa said.
Calvin Klein owner selling Arrow and Van Heusen labels 2021/06/25 08:33:17 EconoTimes
Calvin Kleins owner, PVH Corp., is discarding some of its known labels, including Van Heusen, Izod, Geoffrey Beene, and Arrow trademarks. The sale was revealed on Wednesday, June 23. Reason for unloading some of the
Authentic Brands Groups $220 Million Acquisition of PVHs Heritage Brands Business 2021/06/25 00:00:00 Global Legal Chronicle
Wachtell, Lipton, Rosen & Katz represented PVH in the transaction. PVH Corp. [NYSE:PVH] has entered into a definitive agreement to sell certain intellectual property and other assets 
PVH to sell Heritage Brands assets to Authentic Brands Group 2021/06/24 14:48:22 Retail Insight Network
US-based clothing company PVH will withdraw from its Heritage Brands business after signing a definitive agreement with brand management company Read More... The post PVH to sell Heritage Brands assets to Authentic Brands Group appeared first on Verdict Retail .
What 15 Analyst Ratings Have To Say About PVH 2021/06/04 14:40:51 Benzinga
PVH (NYSE: PVH ) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 1 Somewhat Bullish 2 1 0 5 Indifferent 2 0 0 3 Somewhat Bearish 1 0 0 0 Bearish 0 0 0 0 15 analysts offering 12-month price targets in the last 3 months for PVH evaluate the company at an average price target of $114.6 with a high of $141.00 and a low of $100.00. This current average represents a 7.78% increase from the previous average price target of $106.33. How Are … Full story available on Benzinga.com
PVH Corp. (PVH) CEO Stefan Larsson on Q1 2021 Results - Earnings Call Transcript 2021/06/03 16:22:06 Seeking Alpha
A Look Into PVH's Debt 2021/06/03 11:44:53 Benzinga
Shares of PVH (NYSE: PVH ) increased by 5.07% in the past three months. Before we understand the importance of debt, let us look at how much debt PVH has. PVH's Debt According to the PVH's most recent balance sheet as reported on March 31, 2021, total debt is at $3.55 billion, with $3.51 billion in long-term debt and $41.10 million in current debt. Adjusting for $1.65 billion in cash-equivalents, the company has a net debt of $1.90 billion. Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is … Full story available on Benzinga.com
Calvin Klein Parent PVH Swings to Profit as Recovery Accelerates 2021/06/02 23:36:05 The Street
PVH, the owner of Calvin Klein and Tommy Hilfiger, reported first-quarter earnings that beat analyst expectations.
PVH Corp Raises FY21 Outlook; CFO Mike Shaffer Steps Down 2021/06/02 22:18:43 Business Insider Markets
(RTTNews) - PVH Corp. (PVH) on Wednesday raised its outlook for fiscal year 2021. Earnings per share is now expected at $5.50 from the earlier estimate of $5.00, while adjusted earnings per share has been raised to $6.50 from the earlier projection of $6.00. Full-year revenues is expected to increase 24-26 percent in comparison to last year.
Goldman Sachs shares 11 stocks to buy as the global economy recovery gains steam and companies with high international revenues crush their domestic-facing peers 2021/05/26 14:45:00 Business Insider
Summary List Placement Market leadership has flipped from US-focused stocks to international stocks and back again in the last 14 months, and Goldman Sachs says the baton will soon get passed once more. The US reopening trade has been a powerful catalyst for domestically oriented stocks thanks to the strength of the economy and the speedy vaccine rollout. But Chief US Equity Strategist David Kostin says that potential is increasingly priced in. "Stocks with high domestic sales exposure will likely lag those with high foreign sales exposure during the coming months as the pace of global economic recovery surpasses that of the US," he wrote in a note to clients. That's how the market looked for much of 2020 after the COVID crash, although the effect faded this February as the US economy regained strength. But Kostin says that's now priced in, to an extent. "The structural decline of the US dollar and the acceleration of global growth relative to the US should benefit global-facing US companies relative to domestic-facing stocks," Kostin wrote.