×
314
Fashion Jobs
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Bihat-IV
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Bihpur
ZYDUS WELLNESS
Excellent Opening For Area Sales Manager
Permanent · Indore
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Gujrat)
Permanent · Ahmedabad
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/Jharkhand
Permanent · Lohardaga
CIEL HR SERVICES PVT LTD
Mechanical Maintenance Manager
Permanent · Coimbatore
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Gujrat)
Permanent · Gandhinagar
EARTH BUDDY
Area Sales Manager
Permanent · Gurugram
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (mp)
Permanent · Bhind
ALUDECOR LAMINATION PVT LTD
Area Sales Manager-Agra
Permanent · Agra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Sonipat
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Karauli
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Punjab)
Permanent · Batala
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Himachal) All District
Permanent · Dalhousie
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Uttar Pradesh)
Permanent · Sitapur
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Hojai
Permanent · Hojai
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Haryana)
Permanent · Kurukshetra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Haryana)
Permanent · Rewari
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Uttarakhand)
Permanent · Uttarkashi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (mp)
Permanent · Morena
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Punjab)
Permanent · Tarn Taran Sahib
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/up
Permanent · Kushinagar
Published
Sep 4, 2014
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

PVH: 85% increase in earnings before interest and taxes

Published
Sep 4, 2014

PVH is continuing to grow. Despite a difficult global economic environment, the American parent company of Calvin Klein and Tommy Hilfiger saw its turnover reach 1.518 billion euros (1.977 billion dollars) in its second quarter ending on August 3. Revenues increased by 4% compared to the same period last year.

Tommy Hilfiger supported PVH’s growth. Image Tommy Hilfiger.


Calvin Klein saw a 1% increase in its turnover to 518 million euros, with international sales down 4%, sales up 1% in North America (with an increase of 2% comparable basis) and a 6% rise in its licensing business.

Tommy Hilfiger’s turnover reached 668 million, up 9%. In North America, sales increase by 8%, driven by its wholesale sales (by 2% on a comparable basis).

Its international business grew by 9%, with sales rising by 3% on a comparable basis in Europe. The figures for the quarter also benefited from favorable exchange rates.

Finally, group’s Heritage division remained stable at 331 million euros. Its wholesale business was up 1% while stores sales were down 4% on a comparable basis.

Ultimately, the group posted a net profit before interest and tax (Ebit) of more than 122 million euros, up 85% from last year. According to the group, its improved profitability was due to a reduction in acquisition, integration and restructuring costs. These were particularly high last year following the acquisition of Warnaco.

PVH, which saw a net loss of 4 million euros last year in its second quarter, has posted a 97 million euro profit in 2014.

For the entire year, the group aims for an overall turnover of 6.45 billion euros, with a 3% gain for Calvin Klein, 7% for Tommy Hilfiger and 2% for its Heritage division.

Copyright © 2021 FashionNetwork.com All rights reserved.