Tommy Hilfiger and Calvin Klein owner PVH Corp. reports 6 percent sales drop – CPP-LUXURY
PVH Corp. reported a 6 percent dip in revenue, year-over-year, in its quarter ending Aug. 4, to $2.1 billion — in line with Wall Street estimates. Its two marquee brands, Tommy Hilfiger and Calvin Klein, reported sales declines, “primarily due to the challenging consumer environment in Asia Pacific, particularly in China and Australia,” the company…