PVH Corp. on Wednesday reported a profit decline for the first quarter 2019, as North America comparable sales fell across both its Calvin Klein and Tommy Hilfiger brands, sending its shares down 12% after hours.
Parisian label Sonia Rykiel has filed for receivership and is looking for a new owner, FashionNetwork.com learned on Tuesday. The announcement comes after several years of declining sales at the label.
PVH Corp. announced its financial results for the fourth quarter and full year 2018 on Wednesday, revealing quarterly sales and earnings that topped Wall Street estimates thanks to progress at its Tommy Hilfiger brand
First Heritage Brands, the owner of Sonia Rykiel, has entrusted the position of managing director to Perry Oosting, replacing Eric Langon who has been in the role since 2012, FashionNetwork.com has learned.