PVH Corp., the parent company of Calvin Klein and Tommy Hilfiger, reports a 3% increase in revenue for the year 2025. However, promotions, import tariffs, and other rising costs are weighing on profitability.
Lower profits
PHV Corp.’s annual revenue rose by 3% in 2025 to $8.95 billion (€7.72 billion). In the Americas region, revenue increased by 6%, driven primarily by growth in wholesale operations. This increase was partially offset by a decline in direct-to-consumer (DTC) sales. In the EMEA region (Europe, the Middle East, and Africa), revenue increased by 5%, while the APAC region (Asia-Pacific) saw a 4% decline, partly due to the timing of the Chinese New Year.
