PVH Corp.
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Leadership History
2 leaders · Full leadership timeline
PVH traces its roots to the Phillips-Van Heusen shirt business and is now centered on Calvin Klein and Tommy Hilfiger. The company operates through wholesale, owned retail, digital commerce, concessions, and licensing. The latest audited year shows $8.950B in FY2025 revenue, $25.3M in GAAP net income, $553.2M in non-GAAP net income, and approximately 26,000 associates. Q1 2026 added a mixed but useful update: revenue beat guidance, DTC grew, and management lowered full-year revenue expectations to approximately flat because of EMEA pressure while holding margin guidance.
PVH makes money through wholesale sales, owned retail stores, outlet stores, digital commerce, shop-in-shop and concession locations, and licensing tied primarily to Calvin Klein and Tommy Hilfiger. The company sells apparel, underwear, denim, accessories, footwear, and related categories across more than 40 countries. The economics depend on brand heat, product relevance, channel mix, gross margin, inventory discipline, marketing productivity, regional demand, tariffs, and licensing income. PVH is using the PVH+ Plan to concentrate investment behind its two global priority brands while simplifying operations and reallocating capital.
Chief Executive Officer
Stefan Larsson became PVH CEO in February 2022, launching the PVH+ Plan to accelerate Calvin Klein and Tommy Hilfiger as $10B+ lifestyle brands. He has focused on DTC expansion, supply chain efficiency, and reducing SKU complexity.
Former Chief Executive Officer
Manny Chirico led PVH’s transformation from a regional dress-shirt maker into a global apparel company, executing the $3B Tommy Hilfiger acquisition in 2010 and the $2.9B Calvin Klein acquisition in 2013.
PVH faces discretionary apparel cyclicality, EMEA weakness, tariffs on goods entering the United States, promotional pressure, inventory risk, wholesale timing shifts, currency movement, and the constant need to keep Calvin Klein and Tommy Hilfiger culturally current.
Stefan Larsson is CEO of PVH.
PVH's leadership agenda centers on Calvin Klein and Tommy Hilfiger focus, direct-to-consumer growth, licensing discipline, and inventory control.
Leadership changes help explain shifts in capital allocation, product priorities, risk appetite, and competitive positioning.
PVH's leaders have shaped its expansion, operating model, and response to industry change.