PVH's Calvin Klein And Tommy Hilfiger Are First Fashion Victims Of U.S.-China Trade War
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PVH, the owner of Calvin Klein and Tommy Hilfiger, has been blacklisted by China's Ministry of Commerce as an 'unreliable entity' for allegedly undermining market rules and violating Chinese laws.
February 14, 2025 | 1:30 pm
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PVH Corp, owner of Calvin Klein and Tommy Hilfiger, has been blacklisted by China's Ministry of Commerce, potentially impacting its business operations in China.
Being blacklisted by China's Ministry of Commerce could significantly impact PVH's operations and sales in China, a major market for fashion brands. This regulatory action suggests potential legal and market challenges, likely leading to a negative short-term impact on PVH's stock price.
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