Calvin Klein Parent PVH Inks Deal To Launch Home Collections
Portfolio Pulse from Lekha Gupta
PVH Corp's subsidiary Calvin Klein has signed a licensing deal with Revman to design, manufacture, and distribute home accessories in the U.S., Canada, and Mexico. The first Calvin Klein home collection is expected to launch in Spring 2024. In Q2 FY23, PVH reported sales growth of 4% YoY to $2.21 billion, beating analyst consensus.
September 08, 2023 | 12:02 pm
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PVH's new licensing deal with Revman for Calvin Klein home accessories could potentially boost its revenues. The company's recent Q2 FY23 results, which beat analyst expectations, may also positively impact its stock.
The licensing deal with Revman allows Calvin Klein to expand its product offerings, potentially attracting new customers and increasing sales. Additionally, PVH's strong Q2 FY23 results, which surpassed analyst expectations, could make the company more attractive to investors, potentially driving up its stock price.
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