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PVH Q3 Profit Up While Sales Jump 38%

In What's New, Industry News by Jeff Prine

New York—Thanks to strong sales from its acquisition of The Warnaco Group and its Calvin Klein and Tommy Hilfiger brands, PVH Corp. reported Monday afternoon it’s a better-than-expected third quarter profit increase of 17.3%. Nonetheless, the company lowered its fourth quarter sales forecast due to the competitive retail environment. For …