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Stock impact report

PVH Corp. Announces Agreement to Reacquire the License for Tommy Hilfiger in Central and South East Asia from Dickson Concepts

PVH Corp. (PVH) 
Last pvh corp. earnings: 4/1 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pvh.com/investor-relations
Company Research Source: Business Wire
Company Plans to Leverage PVH Asia Pacific Platform to Fuel Expansion of Brand Across Greater China NEW YORK--(BUSINESS WIRE)-- PVH Corp. (NYSE:PVH) announced that it has entered into a definitive agreement to reacquire from Dickson Concepts (International) Limited the license for the Tommy Hilfiger brand in Hong Kong, Macau, Taiwan, Singapore and Malaysia, along with certain related leases and retail assets. Terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2019 and is aligned with PVH’s stated strategy of gaining more direct control over its brands, including through the acquisition of licensed businesses. The transaction is intended to allow the company to capitalize on the significant growth opportunity in the region. Emanuel Chirico, Chairman and Chief Executive Officer, PVH Corp., commented: “This transaction demo Show less Read more
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