PVH - Fashion Group Continues its Growth Path Thanks to Cult Brands Like Calvin Klein and Tommy Hilfiger Despite Tepid Consumer Demand!
Reading Time: 1 minute
Business Drivers: PVH (PVH) is one of the most recognized fashion providers, with strong core brands such as Calvin Klein and Tommy Hilfiger. Recently, like many other industry giants, PVH has been struggling with rather tepid consumer demand. Thanks to the "PVH+ Plan" strategy program, which aims for greater efficiency and reduced costs, PVH is planning to return to a growth path. On May 14, Jefferies upgraded its rating from Hold to Buy and also significantly raised the price target from $70 to $105.
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
