10-Q 1 pvh-20211031.htm 10-Q pvh-20211031
00000782391/302021Q3FALSEP1YP1Y7D4.6253.625P3MP1Y4.6257.753.6253.1250.51P12MP12M3.6253.125P4YP4YP3YP3Y00000782392021-02-012021-10-3100000782392021-12-01xbrli:shares0000078239us-gaap:ProductMember2021-08-022021-10-31iso4217:USD0000078239us-gaap:ProductMember2020-08-032020-11-010000078239us-gaap:ProductMember2021-02-012021-10-310000078239us-gaap:ProductMember2020-02-032020-11-010000078239us-gaap:RoyaltyMember2021-08-022021-10-310000078239us-gaap:RoyaltyMember2020-08-032020-11-010000078239us-gaap:RoyaltyMember2021-02-012021-10-310000078239us-gaap:RoyaltyMember2020-02-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMember2021-08-022021-10-310000078239pvh:AdvertisingandOtherSalesNetMember2020-08-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMember2021-02-012021-10-310000078239pvh:AdvertisingandOtherSalesNetMember2020-02-032020-11-0100000782392021-08-022021-10-3100000782392020-08-032020-11-0100000782392020-02-032020-11-01iso4217:USDxbrli:shares00000782392021-10-3100000782392021-01-3100000782392020-11-0100000782392020-02-020000078239us-gaap:NoncontrollingInterestMember2020-02-020000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2020-02-020000078239us-gaap:CommonStockMember2020-02-020000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2020-02-020000078239us-gaap:RetainedEarningsMember2020-02-020000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-02-020000078239us-gaap:TreasuryStockMember2020-02-020000078239us-gaap:StockholdersEquityTotalMember2020-02-020000078239us-gaap:RetainedEarningsMember2020-02-032020-05-030000078239us-gaap:StockholdersEquityTotalMember2020-02-032020-05-030000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-02-032020-05-0300000782392020-02-032020-05-030000078239srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMemberus-gaap:AccountingStandardsUpdate201613Member2020-02-020000078239us-gaap:StockholdersEquityTotalMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccountingStandardsUpdate201602Member2020-02-020000078239us-gaap:CommonStockMember2020-02-032020-05-030000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2020-02-032020-05-030000078239us-gaap:TreasuryStockMember2020-02-032020-05-030000078239us-gaap:NoncontrollingInterestMember2020-02-032020-05-030000078239us-gaap:NoncontrollingInterestMember2020-05-030000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2020-05-030000078239us-gaap:CommonStockMember2020-05-030000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2020-05-030000078239us-gaap:RetainedEarningsMember2020-05-030000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-05-030000078239us-gaap:TreasuryStockMember2020-05-030000078239us-gaap:StockholdersEquityTotalMember2020-05-030000078239us-gaap:RetainedEarningsMember2020-05-042020-08-020000078239us-gaap:StockholdersEquityTotalMember2020-05-042020-08-020000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-05-042020-08-0200000782392020-05-042020-08-020000078239us-gaap:CommonStockMember2020-05-042020-08-020000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2020-05-042020-08-020000078239us-gaap:TreasuryStockMember2020-05-042020-08-020000078239us-gaap:NoncontrollingInterestMember2020-05-042020-08-020000078239us-gaap:NoncontrollingInterestMember2020-08-020000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2020-08-020000078239us-gaap:CommonStockMember2020-08-020000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2020-08-020000078239us-gaap:RetainedEarningsMember2020-08-020000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-08-020000078239us-gaap:TreasuryStockMember2020-08-020000078239us-gaap:StockholdersEquityTotalMember2020-08-020000078239us-gaap:RetainedEarningsMember2020-08-032020-11-010000078239us-gaap:StockholdersEquityTotalMember2020-08-032020-11-010000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-08-032020-11-010000078239us-gaap:CommonStockMember2020-08-032020-11-010000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2020-08-032020-11-010000078239us-gaap:TreasuryStockMember2020-08-032020-11-010000078239us-gaap:NoncontrollingInterestMember2020-08-032020-11-010000078239us-gaap:NoncontrollingInterestMember2020-11-010000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2020-11-010000078239us-gaap:CommonStockMember2020-11-010000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2020-11-010000078239us-gaap:RetainedEarningsMember2020-11-010000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-11-010000078239us-gaap:TreasuryStockMember2020-11-010000078239us-gaap:StockholdersEquityTotalMember2020-11-010000078239us-gaap:NoncontrollingInterestMember2021-01-310000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2021-01-310000078239us-gaap:CommonStockMember2021-01-310000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-01-310000078239us-gaap:RetainedEarningsMember2021-01-310000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-310000078239us-gaap:TreasuryStockMember2021-01-310000078239us-gaap:StockholdersEquityTotalMember2021-01-310000078239us-gaap:RetainedEarningsMember2021-02-012021-05-020000078239us-gaap:StockholdersEquityTotalMember2021-02-012021-05-020000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-02-012021-05-0200000782392021-02-012021-05-020000078239us-gaap:CommonStockMember2021-02-012021-05-020000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-02-012021-05-020000078239us-gaap:TreasuryStockMember2021-02-012021-05-020000078239us-gaap:NoncontrollingInterestMember2021-02-012021-05-020000078239us-gaap:NoncontrollingInterestMember2021-05-020000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2021-05-020000078239us-gaap:CommonStockMember2021-05-020000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-05-020000078239us-gaap:RetainedEarningsMember2021-05-020000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-05-020000078239us-gaap:TreasuryStockMember2021-05-020000078239us-gaap:StockholdersEquityTotalMember2021-05-020000078239us-gaap:RetainedEarningsMember2021-05-032021-08-010000078239us-gaap:StockholdersEquityTotalMember2021-05-032021-08-010000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-05-032021-08-0100000782392021-05-032021-08-010000078239us-gaap:CommonStockMember2021-05-032021-08-010000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-05-032021-08-010000078239us-gaap:TreasuryStockMember2021-05-032021-08-010000078239us-gaap:NoncontrollingInterestMember2021-05-032021-08-010000078239us-gaap:NoncontrollingInterestMember2021-08-010000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2021-08-010000078239us-gaap:CommonStockMember2021-08-010000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-08-010000078239us-gaap:RetainedEarningsMember2021-08-010000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-08-010000078239us-gaap:TreasuryStockMember2021-08-010000078239us-gaap:StockholdersEquityTotalMember2021-08-010000078239us-gaap:RetainedEarningsMember2021-08-022021-10-310000078239us-gaap:StockholdersEquityTotalMember2021-08-022021-10-310000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-08-022021-10-310000078239us-gaap:CommonStockMember2021-08-022021-10-310000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-08-022021-10-310000078239us-gaap:TreasuryStockMember2021-08-022021-10-310000078239us-gaap:NoncontrollingInterestMember2021-10-310000078239us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember2021-10-310000078239us-gaap:CommonStockMember2021-10-310000078239us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-10-310000078239us-gaap:RetainedEarningsMember2021-10-310000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-10-310000078239us-gaap:TreasuryStockMember2021-10-310000078239us-gaap:StockholdersEquityTotalMember2021-10-310000078239pvh:EthiopiaJointVentureMemberpvh:A75Member2021-05-31xbrli:pure0000078239pvh:EthiopiaJointVentureMemberpvh:A25Member2021-05-310000078239pvh:NorthAmericaWorkforceReductionMember2020-07-142020-07-14pvh:numberOfPositions0000078239pvh:NorthAmericaWorkforceReductionMember2021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMember2021-10-310000078239currency:USDpvh:A2020FacilityMember2020-04-080000078239currency:USDpvh:A2021FacilityMember2021-04-280000078239pvh:SeniorNotesDue2024Member2020-04-24iso4217:EUR0000078239pvh:SeniorNotesDue2025Member2020-07-100000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMember2020-02-032020-05-030000078239us-gaap:GoodwillMember2020-02-032020-05-030000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2020-02-032020-05-030000078239pvh:IncomeLossFromEquityMethodInvestmentsMemberpvh:KarlLagerfeldMember2020-02-032020-05-030000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2020-11-022021-01-310000078239pvh:SeniorNotesDue2025Member2021-10-310000078239pvh:SeniorNotesDue2024Member2021-10-3100000782392021-10-312021-10-3100000782392021-11-012021-10-3100000782392022-01-312021-10-3100000782392023-01-302021-10-310000078239pvh:AustraliaAcquisitionMemberpvh:GazalCorporationLimitedMember2019-05-310000078239pvh:PVHAustraliaMember2019-05-310000078239pvh:AustraliaAcquisitionMemberpvh:A6Member2019-05-310000078239pvh:AustraliaAcquisitionMember2019-05-310000078239pvh:AustraliaAcquisitionMember2019-05-312019-05-310000078239pvh:AustraliaAcquisitionMemberus-gaap:FairValueInputsLevel3Member2019-05-310000078239pvh:AustraliaAcquisitionMemberus-gaap:FairValueInputsLevel3Member2020-08-032020-11-010000078239pvh:AustraliaAcquisitionMemberus-gaap:FairValueInputsLevel3Memberpvh:Tranche2Member2020-02-032020-11-010000078239pvh:AustraliaAcquisitionMember2020-02-032020-11-010000078239pvh:AustraliaAcquisitionMember2021-02-012021-10-310000078239pvh:FinancingCashFlowMemberpvh:AustraliaAcquisitionMember2020-02-032020-11-010000078239pvh:FinancingCashFlowMemberpvh:AustraliaAcquisitionMember2021-02-012021-10-310000078239pvh:AustraliaAcquisitionMemberpvh:OperatingCashFlowMember2020-02-032020-11-010000078239pvh:AustraliaAcquisitionMemberpvh:OperatingCashFlowMember2021-02-012021-10-310000078239pvh:AustraliaAcquisitionMemberus-gaap:FairValueInputsLevel3Member2021-01-310000078239pvh:AustraliaAcquisitionMemberus-gaap:FairValueInputsLevel3Member2020-11-010000078239us-gaap:TrademarksMemberpvh:HeritageBrandsTransactionMember2021-10-310000078239pvh:HeritageBrandsTransactionMember2021-02-012021-10-310000078239pvh:OtherGainLossNetMemberpvh:HeritageBrandsTransactionMember2021-08-022021-10-310000078239pvh:HeritageBrandsTransactionMember2021-08-022021-10-310000078239pvh:NonServiceRelatedPensionAndPostretirementIncomeMemberpvh:HeritageBrandsTransactionMember2021-08-022021-10-310000078239pvh:SpeedoTransactionMember2020-02-032020-11-010000078239pvh:PerpetualLicenseRightsMember2020-02-032020-11-010000078239pvh:OtherNoncashLossNetMemberpvh:SpeedoTransactionMember2020-02-032020-11-010000078239pvh:EthiopiaJointVentureMember2016-06-290000078239pvh:EthiopiaJointVentureMember2021-01-310000078239pvh:EthiopiaJointVentureMember2020-11-010000078239pvh:EthiopiaJointVentureMember2021-05-310000078239pvh:KarlLagerfeldMember2021-10-310000078239us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberpvh:KarlLagerfeldMember2020-02-032020-11-010000078239pvh:KarlLagerfeldMember2020-02-032020-11-010000078239pvh:CalvinKleinNorthAmericaMember2021-01-310000078239pvh:CalvinKleinInternationalMember2021-01-310000078239pvh:TommyHilfigerNorthAmericaMember2021-01-310000078239pvh:TommyHilfigerInternationalMember2021-01-310000078239pvh:HeritageBrandsWholesaleMember2021-01-310000078239pvh:HeritageBrandsRetailMember2021-01-310000078239pvh:HeritageBrandsWholesaleMember2021-02-012021-10-310000078239pvh:CalvinKleinNorthAmericaMember2021-02-012021-10-310000078239pvh:CalvinKleinInternationalMember2021-02-012021-10-310000078239pvh:TommyHilfigerNorthAmericaMember2021-02-012021-10-310000078239pvh:TommyHilfigerInternationalMember2021-02-012021-10-310000078239pvh:HeritageBrandsRetailMember2021-02-012021-10-310000078239pvh:CalvinKleinNorthAmericaMember2021-10-310000078239pvh:CalvinKleinInternationalMember2021-10-310000078239pvh:TommyHilfigerNorthAmericaMember2021-10-310000078239pvh:TommyHilfigerInternationalMember2021-10-310000078239pvh:HeritageBrandsWholesaleMember2021-10-310000078239pvh:HeritageBrandsRetailMember2021-10-310000078239pvh:HeritageBrandsWholesaleMemberus-gaap:GoodwillMember2020-02-032020-05-030000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:GoodwillMember2020-02-032020-05-030000078239us-gaap:GoodwillMemberpvh:CalvinKleinInternationalMember2020-02-032020-05-030000078239pvh:HeritageBrandsWholesaleMemberus-gaap:TrademarksMember2020-02-032020-05-030000078239us-gaap:CustomerRelationshipsMember2020-02-032020-05-030000078239us-gaap:FairValueInputsLevel3Memberus-gaap:CustomerRelationshipsMember2020-05-030000078239pvh:HeritageBrandsWholesaleMemberus-gaap:CustomerRelationshipsMember2020-02-032020-05-030000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:CustomerRelationshipsMember2020-02-032020-05-030000078239us-gaap:PensionPlansDefinedBenefitMember2021-10-310000078239us-gaap:PensionPlansDefinedBenefitMember2021-02-012021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2021-02-012021-10-310000078239us-gaap:PensionPlansDefinedBenefitMember2021-08-022021-10-310000078239us-gaap:PensionPlansDefinedBenefitMember2020-08-032020-11-010000078239us-gaap:PensionPlansDefinedBenefitMember2020-02-032020-11-010000078239us-gaap:PensionPlansDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2021-08-022021-10-310000078239us-gaap:PensionPlansDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2020-08-032020-11-010000078239us-gaap:PensionPlansDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2021-02-012021-10-310000078239us-gaap:PensionPlansDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2020-02-032020-11-010000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2021-08-022021-10-310000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2020-08-032020-11-010000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2021-02-012021-10-310000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2020-02-032020-11-010000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:SpeedoTransactionMember2021-08-022021-10-310000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:SpeedoTransactionMember2020-08-032020-11-010000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:SpeedoTransactionMember2021-02-012021-10-310000078239us-gaap:PensionPlansDefinedBenefitMemberpvh:SpeedoTransactionMember2020-02-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2021-08-022021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2020-08-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMember2020-02-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2021-08-022021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2020-08-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2021-02-012021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberus-gaap:SpecialTerminationBenefitsMember2020-02-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2021-08-022021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2020-08-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2021-02-012021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:HeritageBrandsTransactionMember2020-02-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:SpeedoTransactionMember2021-08-022021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:SpeedoTransactionMember2020-08-032020-11-010000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:SpeedoTransactionMember2021-02-012021-10-310000078239us-gaap:SupplementalEmployeeRetirementPlanDefinedBenefitMemberpvh:SpeedoTransactionMember2020-02-032020-11-010000078239pvh:SpeedoTransactionMemberpvh:NonServiceRelatedPensionAndPostretirementIncomeMember2021-02-012021-10-310000078239pvh:NorthAmericaWorkforceReductionMemberpvh:NonServiceRelatedPensionAndPostretirementIncomeMember2020-02-032020-11-010000078239pvh:SpeedoTransactionMemberpvh:PensionAndSERPPlansMember2020-02-032020-11-010000078239us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2021-10-310000078239pvh:LineofCreditForeignFacilitiesMember2021-10-310000078239pvh:LineofCreditForeignFacilitiesMember2021-02-012021-10-310000078239pvh:A2021FacilityMember2021-04-282021-04-280000078239pvh:A2021FacilityMember2021-10-310000078239currency:USDpvh:A2021FacilityMemberpvh:OneMonthAdjustedEurocurrencyRateLoanMember2021-02-012021-10-310000078239currency:USDpvh:A2021FacilityMemberus-gaap:BaseRateMember2021-02-012021-10-310000078239pvh:A2019FacilitiesTermLoanAMember2021-10-310000078239pvh:A2019FacilitiesTermLoanAMember2021-01-310000078239pvh:A2019FacilitiesTermLoanAMember2020-11-010000078239pvh:SeniorDebentureDue2023Member2021-10-310000078239pvh:SeniorDebentureDue2023Member2021-01-310000078239pvh:SeniorDebentureDue2023Member2020-11-010000078239pvh:SeniorNotesDue2024Member2021-01-310000078239pvh:SeniorNotesDue2024Member2020-11-010000078239pvh:SeniorNotesDue2025Member2021-01-310000078239pvh:SeniorNotesDue2025Member2020-11-010000078239pvh:SeniorNotesDue2027Member2021-10-310000078239pvh:SeniorNotesDue2027Member2021-01-310000078239pvh:SeniorNotesDue2027Member2020-11-010000078239pvh:A2019FacilitiesUSDTermLoanAMember2021-10-310000078239pvh:A2019FacilitiesEuroTermLoanAMember2021-10-310000078239pvh:A2019FacilitiesUSDTermLoanAMember2019-04-290000078239pvh:A2019FacilitiesEuroTermLoanAMember2019-04-290000078239us-gaap:CommercialPaperMembercurrency:USD2019-04-290000078239pvh:CommercialPaperAnd2019FacilitiesMembercurrency:USD2019-04-290000078239pvh:UnitedStatesDollarsAndCanadianDollarsMemberpvh:A2019FacilitiesMember2019-04-29iso4217:CAD0000078239pvh:EuroAustralianDollarsAndOtherForeignCurrenciesMemberpvh:A2019FacilitiesMember2019-04-290000078239pvh:A2019FacilitiesMemberpvh:UnitedStatesDollarsandHongKongDollarsMember2019-04-290000078239pvh:A2019FacilitiesTermLoanAMember2021-02-012021-10-310000078239pvh:A2019FacilitiesTermLoanAMember2020-02-032020-11-010000078239pvh:A2019FacilitiesMember2021-10-310000078239pvh:UnitedStatesDollarsorEurosMemberpvh:OneMonthAdjustedEurocurrencyRateLoanMemberpvh:A2019FacilitiesTermLoanAMember2021-02-012021-10-310000078239pvh:UnitedStatesDollarsorEurosMemberus-gaap:BaseRateMemberpvh:A2019FacilitiesTermLoanAMember2021-02-012021-10-310000078239pvh:A2020InterestRateSwap2YearTermMarch2020DesignationMember2021-02-260000078239pvh:A2020InterestRateSwap2YearTermMarch2020DesignationMember2021-10-310000078239pvh:A2020InterestRateSwap2YearTermFebruary2020DesiginationMember2021-02-260000078239pvh:A2020InterestRateSwap2YearTermFebruary2020DesiginationMember2021-10-310000078239pvh:A2020InterestRateSwap3YearTermFebruary2020DesignationMember2020-02-280000078239pvh:A2020InterestRateSwap3YearTermFebruary2020DesignationMember2021-10-310000078239pvh:A2020InterestRateSwap2YearTermAugust2019DesignationMember2020-02-280000078239pvh:A2020InterestRateSwap2YearTermAugust2019DesignationMember2021-10-310000078239pvh:A2020InterestRateSwap2YearTermJune2019DesignationMember2020-02-280000078239pvh:A2020InterestRateSwap2YearTermJune2019DesignationMember2021-10-310000078239pvh:A2019InterestRateSwap2YearTermJune2019DesignationMember2019-06-280000078239pvh:A2019InterestRateSwap2YearTermJune2019DesignationMember2021-10-310000078239pvh:A2020InterestRateSwap1YearTermMember2020-02-180000078239pvh:A2020InterestRateSwap1YearTermMember2021-10-310000078239pvh:A2019InterestRateSwap2YearTermNovember2018DesignationMember2019-02-190000078239pvh:A2019InterestRateSwap2YearTermNovember2018DesignationMember2021-10-310000078239pvh:A2019InterestRateSwap2YearTermOctober2018DesignationMember2019-02-190000078239pvh:A2019InterestRateSwap2YearTermOctober2018DesignationMember2021-10-310000078239pvh:A2018InterestRateSwap30MonthTermMember2018-08-060000078239pvh:A2018InterestRateSwap30MonthTermMember2021-10-310000078239pvh:A2018InterestRateSwap2YearTermMember2018-02-200000078239pvh:A2018InterestRateSwap2YearTermMember2021-10-310000078239pvh:A2019FacilitiesTermLoanAMember2021-08-022021-10-310000078239pvh:A2019FacilitiesMember2020-06-030000078239us-gaap:BaseRateMemberpvh:A2019FacilitiesMember2020-06-032021-06-100000078239pvh:SeniorNotesDue2024Member2020-04-242020-04-240000078239pvh:SeniorNotesDue2025Member2020-07-102020-07-100000078239pvh:OutsideOf2019FacilitiesMember2021-10-310000078239pvh:UnitedStatesFederalFundRateMembercurrency:USDpvh:A2019And2020FaciltiesMember2021-02-012021-10-310000078239currency:USDpvh:OneMonthAdjustedEurocurrencyRateLoanMemberpvh:A2019And2020FaciltiesMember2021-02-012021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2021-08-022021-10-310000078239us-gaap:NetInvestmentHedgingMember2021-10-310000078239us-gaap:NetInvestmentHedgingMember2021-01-310000078239us-gaap:NetInvestmentHedgingMember2020-11-010000078239us-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-10-310000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-10-310000078239us-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-01-310000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-01-310000078239us-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2020-11-010000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2020-11-010000078239us-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-10-310000078239us-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-10-310000078239us-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-01-310000078239us-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-01-310000078239us-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2020-11-010000078239us-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239us-gaap:InterestRateSwapMemberus-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:AccruedLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-11-010000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2021-10-310000078239us-gaap:OtherNoncurrentAssetsMemberpvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:NondesignatedMember2021-10-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2021-01-310000078239us-gaap:OtherNoncurrentAssetsMemberpvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:NondesignatedMember2021-01-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2020-11-010000078239us-gaap:OtherNoncurrentAssetsMemberpvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:NondesignatedMember2020-11-010000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2021-10-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2021-10-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2021-01-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2021-01-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2020-11-010000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2021-10-310000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2021-01-310000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2021-01-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2020-11-010000078239us-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMemberus-gaap:NondesignatedMember2020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2021-01-310000078239us-gaap:InterestRateSwapMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2021-01-310000078239us-gaap:InterestRateSwapMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2021-10-310000078239pvh:DerivativeContractMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2021-01-310000078239pvh:DerivativeContractMemberus-gaap:AccruedLiabilitiesMemberus-gaap:NondesignatedMember2020-11-010000078239pvh:DerivativeContractMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:NondesignatedMember2020-11-010000078239us-gaap:OtherCurrentAssetsMember2021-10-310000078239us-gaap:OtherNoncurrentAssetsMember2021-10-310000078239us-gaap:OtherCurrentAssetsMember2021-01-310000078239us-gaap:OtherNoncurrentAssetsMember2021-01-310000078239us-gaap:OtherCurrentAssetsMember2020-11-010000078239us-gaap:OtherNoncurrentAssetsMember2020-11-010000078239us-gaap:AccruedLiabilitiesMember2021-10-310000078239us-gaap:OtherNoncurrentLiabilitiesMember2021-10-310000078239us-gaap:AccruedLiabilitiesMember2021-01-310000078239us-gaap:OtherNoncurrentLiabilitiesMember2021-01-310000078239us-gaap:AccruedLiabilitiesMember2020-11-010000078239us-gaap:OtherNoncurrentLiabilitiesMember2020-11-010000078239pvh:ForeignCurrencyForwardExchangeContractsMember2021-10-310000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-08-022021-10-310000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2020-08-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-08-022021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-08-032020-11-010000078239us-gaap:CashFlowHedgingMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-08-022021-10-310000078239us-gaap:CashFlowHedgingMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-08-032020-11-010000078239pvh:DerivativeContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-08-022021-10-310000078239pvh:DerivativeContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-08-032020-11-010000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2021-02-012021-10-310000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMember2020-02-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-02-012021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-02-032020-11-010000078239us-gaap:CashFlowHedgingMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-02-012021-10-310000078239us-gaap:CashFlowHedgingMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-02-032020-11-010000078239pvh:DerivativeContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-02-012021-10-310000078239pvh:DerivativeContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-02-032020-11-010000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2021-08-022021-10-310000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2020-08-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2020-08-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMember2021-08-022021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMember2020-08-032020-11-010000078239pvh:IncomeStatementLocationMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-08-022021-10-310000078239pvh:IncomeStatementLocationMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-08-032020-11-010000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2021-02-012021-10-310000078239us-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberpvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2020-02-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2021-02-012021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2020-02-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMember2021-02-012021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestExpenseMember2020-02-032020-11-010000078239pvh:IncomeStatementLocationMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-02-012021-10-310000078239pvh:IncomeStatementLocationMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-02-032020-11-010000078239pvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2021-08-022021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:InterestExpenseMember2021-08-022021-10-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2021-08-022021-10-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2020-08-032020-11-010000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2021-02-012021-10-310000078239pvh:ForeignCurrencyForwardExchangeContractsMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberus-gaap:NondesignatedMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-10-310000078239us-gaap:FairValueMeasurementsRecurringMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-10-310000078239us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-01-310000078239us-gaap:FairValueMeasurementsRecurringMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-01-310000078239us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2020-11-010000078239us-gaap:FairValueMeasurementsRecurringMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberpvh:OperatingleaserightofuseassetsMember2021-10-310000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:OperatingleaserightofuseassetsMember2021-02-012021-10-310000078239us-gaap:PropertyPlantAndEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2021-10-310000078239us-gaap:PropertyPlantAndEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-02-012021-10-310000078239us-gaap:PropertyPlantAndEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Member2020-11-010000078239us-gaap:PropertyPlantAndEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:GoodwillMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:TrademarksMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:TrademarksMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:OtherIntangibleAssetsMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:OtherIntangibleAssetsMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:EquityMethodInvestmentsMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:OperatingleaserightofuseassetsMember2021-10-310000078239us-gaap:PropertyPlantAndEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-10-310000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2021-02-012021-10-310000078239pvh:HeritageBrandsWholesaleMemberus-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMember2021-02-012021-10-310000078239us-gaap:CorporateMemberus-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMember2021-02-012021-10-310000078239us-gaap:PropertyPlantAndEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMember2020-11-010000078239us-gaap:PropertyPlantAndEquipmentMemberus-gaap:FairValueMeasurementsNonrecurringMemberpvh:HeritageRetailExitMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:GoodwillMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:TrademarksMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:OtherIntangibleAssetsMember2020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberpvh:GoodwillAndOtherIntangibleAssetsImpairmentsMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberpvh:CalvinKleinInternationalMember2020-02-032020-11-010000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMember2020-02-032020-11-010000078239pvh:HeritageBrandsWholesaleMemberus-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberpvh:HeritageBrandsRetailMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberpvh:TommyHilfigerNorthAmericaMember2020-02-032020-11-010000078239us-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMemberpvh:TommyHilfigerInternationalMember2020-02-032020-11-010000078239us-gaap:CorporateMemberus-gaap:FairValueMeasurementsNonrecurringMemberpvh:LonglivedAssetsOtherMember2020-02-032020-11-010000078239us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-10-310000078239us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-10-310000078239us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-01-310000078239us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-01-310000078239us-gaap:CarryingReportedAmountFairValueDisclosureMember2020-11-010000078239us-gaap:EstimateOfFairValueFairValueDisclosureMember2020-11-010000078239us-gaap:StockOptionMember2021-10-310000078239us-gaap:StockOptionMember2021-02-012021-10-310000078239pvh:BlackScholesMertonModelMember2021-02-012021-10-310000078239pvh:BlackScholesMertonModelMember2020-02-032020-11-010000078239us-gaap:StockOptionMember2021-01-310000078239us-gaap:RestrictedStockUnitsRSUMember2021-02-012021-10-310000078239us-gaap:RestrictedStockUnitsRSUMember2021-01-310000078239us-gaap:RestrictedStockUnitsRSUMember2021-10-310000078239us-gaap:PerformanceSharesMemberpvh:PerformanceShareUnitsPSUsGrantedIn2021Member2021-02-012021-10-310000078239us-gaap:PerformanceSharesMemberpvh:PerformanceShareUnitsPSUsGranted2018Through2020Member2021-02-012021-10-310000078239us-gaap:PerformanceSharesMemberpvh:MonteCarloModelMember2021-02-012021-10-310000078239us-gaap:PerformanceSharesMemberpvh:MonteCarloModelMember2020-02-032020-11-010000078239us-gaap:PerformanceSharesMember2021-01-310000078239us-gaap:PerformanceSharesMember2021-02-012021-10-310000078239us-gaap:PerformanceSharesMember2021-10-310000078239us-gaap:AccumulatedTranslationAdjustmentMember2021-01-310000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2021-01-310000078239us-gaap:AccumulatedTranslationAdjustmentMember2021-02-012021-10-310000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2021-02-012021-10-310000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-02-012021-10-310000078239us-gaap:AccumulatedTranslationAdjustmentMember2021-10-310000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2021-10-310000078239us-gaap:AccumulatedTranslationAdjustmentMember2020-02-020000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-02-020000078239us-gaap:AccumulatedTranslationAdjustmentMember2020-02-032020-11-010000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-02-032020-11-010000078239us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-02-032020-11-010000078239us-gaap:AccumulatedTranslationAdjustmentMember2020-11-010000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-11-010000078239pvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2020-08-032020-11-010000078239pvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2021-02-012021-10-310000078239pvh:ForeignExchangeForwardInventoryPurchasesMemberus-gaap:CostOfSalesMember2020-02-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2021-08-022021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2020-08-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2021-02-012021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:SellingGeneralAndAdministrativeExpensesMember2020-02-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:InterestExpenseMember2020-08-032020-11-010000078239us-gaap:InterestRateSwapMemberus-gaap:InterestExpenseMember2021-02-012021-10-310000078239us-gaap:InterestRateSwapMemberus-gaap:InterestExpenseMember2020-02-032020-11-010000078239pvh:IncometaxbenefitexpenseMember2021-08-022021-10-310000078239pvh:IncometaxbenefitexpenseMember2020-08-032020-11-010000078239pvh:IncometaxbenefitexpenseMember2021-02-012021-10-310000078239pvh:IncometaxbenefitexpenseMember2020-02-032020-11-010000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2021-08-022021-10-310000078239us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-08-032020-11-010000078239pvh:StockRepurchaseProgramMember2021-10-310000078239pvh:StockRepurchaseProgramMember2020-02-032020-11-010000078239pvh:StockRepurchaseProgramMember2021-08-022021-10-3100000782392020-03-042020-03-0400000782392021-10-292021-10-290000078239pvh:ReductionInWorkforceAndRealEstateFootprintMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:EmployeeSeveranceMember2021-08-022021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:EmployeeSeveranceMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:LonglivedassetimpairmentsMember2021-08-022021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:LonglivedassetimpairmentsMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:ContractTerminationMember2021-08-022021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:ContractTerminationMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMember2021-08-022021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:TommyHilfigerNorthAmericaMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:TommyHilfigerInternationalMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:CalvinKleinNorthAmericaMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:CalvinKleinInternationalMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:CorporateMember2021-02-012021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:EmployeeSeveranceMember2021-01-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:EmployeeSeveranceMember2021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:ContractTerminationMember2021-01-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberus-gaap:ContractTerminationMember2021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMember2021-01-310000078239pvh:HeritageRetailExitMember2021-02-012021-10-3100000782392020-07-142020-07-140000078239us-gaap:EmployeeSeveranceMemberpvh:HeritageRetailExitMember2021-02-012021-10-310000078239us-gaap:EmployeeSeveranceMemberpvh:HeritageRetailExitMember2021-10-310000078239pvh:LonglivedassetimpairmentsMemberpvh:HeritageRetailExitMember2021-02-012021-10-310000078239pvh:LonglivedassetimpairmentsMemberpvh:HeritageRetailExitMember2021-10-310000078239pvh:AcceleratedAmortizationOfLeaseAssetsMemberpvh:HeritageRetailExitMember2021-02-012021-10-310000078239pvh:AcceleratedAmortizationOfLeaseAssetsMemberpvh:HeritageRetailExitMember2021-10-310000078239pvh:HeritageRetailExitMemberus-gaap:ContractTerminationMember2021-02-012021-10-310000078239pvh:HeritageRetailExitMemberus-gaap:ContractTerminationMember2021-10-310000078239pvh:HeritageRetailExitMember2021-10-310000078239us-gaap:EmployeeSeveranceMemberpvh:HeritageRetailExitMember2021-01-310000078239pvh:HeritageRetailExitMemberus-gaap:ContractTerminationMember2021-01-310000078239pvh:HeritageRetailExitMember2021-01-310000078239pvh:NorthAmericaWorkforceReductionMemberpvh:SeveranceterminationbenefitsandotheremployeecostslonglivedimpairmentsandcontractterminationandothercostsMember2020-02-032021-01-310000078239pvh:NorthAmericaWorkforceReductionMember2021-02-012021-10-310000078239us-gaap:EmployeeSeveranceMemberpvh:NorthAmericaWorkforceReductionMember2021-01-310000078239us-gaap:EmployeeSeveranceMemberpvh:NorthAmericaWorkforceReductionMember2021-02-012021-10-310000078239us-gaap:EmployeeSeveranceMemberpvh:NorthAmericaWorkforceReductionMember2021-10-310000078239pvh:TommyHilfigerNorthAmericaMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:TommyHilfigerNorthAmericaMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:TommyHilfigerNorthAmericaMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:TommyHilfigerNorthAmericaMemberus-gaap:ProductMember2020-02-032020-11-010000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerNorthAmericaMember2021-08-022021-10-310000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerNorthAmericaMember2020-08-032020-11-010000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerNorthAmericaMember2021-02-012021-10-310000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerNorthAmericaMember2020-02-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerNorthAmericaMember2021-08-022021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerNorthAmericaMember2020-08-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerNorthAmericaMember2021-02-012021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerNorthAmericaMember2020-02-032020-11-010000078239pvh:TommyHilfigerNorthAmericaMember2021-08-022021-10-310000078239pvh:TommyHilfigerNorthAmericaMember2020-08-032020-11-010000078239pvh:TommyHilfigerNorthAmericaMember2020-02-032020-11-010000078239us-gaap:ProductMemberpvh:TommyHilfigerInternationalMember2021-08-022021-10-310000078239us-gaap:ProductMemberpvh:TommyHilfigerInternationalMember2020-08-032020-11-010000078239us-gaap:ProductMemberpvh:TommyHilfigerInternationalMember2021-02-012021-10-310000078239us-gaap:ProductMemberpvh:TommyHilfigerInternationalMember2020-02-032020-11-010000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerInternationalMember2021-08-022021-10-310000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerInternationalMember2020-08-032020-11-010000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerInternationalMember2021-02-012021-10-310000078239us-gaap:RoyaltyMemberpvh:TommyHilfigerInternationalMember2020-02-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerInternationalMember2021-08-022021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerInternationalMember2020-08-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerInternationalMember2021-02-012021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:TommyHilfigerInternationalMember2020-02-032020-11-010000078239pvh:TommyHilfigerInternationalMember2021-08-022021-10-310000078239pvh:TommyHilfigerInternationalMember2020-08-032020-11-010000078239pvh:TommyHilfigerInternationalMember2020-02-032020-11-010000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:ProductMember2020-02-032020-11-010000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:RoyaltyMember2021-08-022021-10-310000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:RoyaltyMember2020-08-032020-11-010000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:RoyaltyMember2021-02-012021-10-310000078239pvh:CalvinKleinNorthAmericaMemberus-gaap:RoyaltyMember2020-02-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinNorthAmericaMember2021-08-022021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinNorthAmericaMember2020-08-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinNorthAmericaMember2021-02-012021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinNorthAmericaMember2020-02-032020-11-010000078239pvh:CalvinKleinNorthAmericaMember2021-08-022021-10-310000078239pvh:CalvinKleinNorthAmericaMember2020-08-032020-11-010000078239pvh:CalvinKleinNorthAmericaMember2020-02-032020-11-010000078239us-gaap:ProductMemberpvh:CalvinKleinInternationalMember2021-08-022021-10-310000078239us-gaap:ProductMemberpvh:CalvinKleinInternationalMember2020-08-032020-11-010000078239us-gaap:ProductMemberpvh:CalvinKleinInternationalMember2021-02-012021-10-310000078239us-gaap:ProductMemberpvh:CalvinKleinInternationalMember2020-02-032020-11-010000078239us-gaap:RoyaltyMemberpvh:CalvinKleinInternationalMember2021-08-022021-10-310000078239us-gaap:RoyaltyMemberpvh:CalvinKleinInternationalMember2020-08-032020-11-010000078239us-gaap:RoyaltyMemberpvh:CalvinKleinInternationalMember2021-02-012021-10-310000078239us-gaap:RoyaltyMemberpvh:CalvinKleinInternationalMember2020-02-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinInternationalMember2021-08-022021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinInternationalMember2020-08-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinInternationalMember2021-02-012021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:CalvinKleinInternationalMember2020-02-032020-11-010000078239pvh:CalvinKleinInternationalMember2021-08-022021-10-310000078239pvh:CalvinKleinInternationalMember2020-08-032020-11-010000078239pvh:CalvinKleinInternationalMember2020-02-032020-11-010000078239pvh:HeritageBrandsWholesaleMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:HeritageBrandsWholesaleMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:HeritageBrandsWholesaleMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:HeritageBrandsWholesaleMemberus-gaap:ProductMember2020-02-032020-11-010000078239pvh:HeritageBrandsWholesaleMemberus-gaap:RoyaltyMember2021-08-022021-10-310000078239pvh:HeritageBrandsWholesaleMemberus-gaap:RoyaltyMember2020-08-032020-11-010000078239pvh:HeritageBrandsWholesaleMemberus-gaap:RoyaltyMember2021-02-012021-10-310000078239pvh:HeritageBrandsWholesaleMemberus-gaap:RoyaltyMember2020-02-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsWholesaleMember2021-08-022021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsWholesaleMember2020-08-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsWholesaleMember2021-02-012021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsWholesaleMember2020-02-032020-11-010000078239pvh:HeritageBrandsWholesaleMember2021-08-022021-10-310000078239pvh:HeritageBrandsWholesaleMember2020-08-032020-11-010000078239pvh:HeritageBrandsWholesaleMember2020-02-032020-11-010000078239pvh:HeritageBrandsRetailMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:HeritageBrandsRetailMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:HeritageBrandsRetailMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:HeritageBrandsRetailMemberus-gaap:ProductMember2020-02-032020-11-010000078239us-gaap:RoyaltyMemberpvh:HeritageBrandsRetailMember2021-08-022021-10-310000078239us-gaap:RoyaltyMemberpvh:HeritageBrandsRetailMember2020-08-032020-11-010000078239us-gaap:RoyaltyMemberpvh:HeritageBrandsRetailMember2021-02-012021-10-310000078239us-gaap:RoyaltyMemberpvh:HeritageBrandsRetailMember2020-02-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsRetailMember2021-08-022021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsRetailMember2020-08-032020-11-010000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsRetailMember2021-02-012021-10-310000078239pvh:AdvertisingandOtherSalesNetMemberpvh:HeritageBrandsRetailMember2020-02-032020-11-010000078239pvh:HeritageBrandsRetailMember2021-08-022021-10-310000078239pvh:HeritageBrandsRetailMember2020-08-032020-11-010000078239pvh:HeritageBrandsRetailMember2020-02-032020-11-010000078239pvh:SalesChannelSalestoWholesaleCustomersMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:SalesChannelSalestoWholesaleCustomersMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:SalesChannelSalestoWholesaleCustomersMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:SalesChannelSalestoWholesaleCustomersMemberus-gaap:ProductMember2020-02-032020-11-010000078239pvh:SalesChannelSalesToOwnedAndOperatedRetailCustomersMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:SalesChannelSalesToOwnedAndOperatedRetailCustomersMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:SalesChannelSalesToOwnedAndOperatedRetailCustomersMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:SalesChannelSalesToOwnedAndOperatedRetailCustomersMemberus-gaap:ProductMember2020-02-032020-11-010000078239pvh:SalesChannelSalesToOwnedAndOperatedDigitalRetailCustomersMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:SalesChannelSalesToOwnedAndOperatedDigitalRetailCustomersMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:SalesChannelSalesToOwnedAndOperatedDigitalRetailCustomersMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:SalesChannelSalesToOwnedAndOperatedDigitalRetailCustomersMemberus-gaap:ProductMember2020-02-032020-11-010000078239pvh:SalesChannelSalestoRetailCustomersMemberus-gaap:ProductMember2021-08-022021-10-310000078239pvh:SalesChannelSalestoRetailCustomersMemberus-gaap:ProductMember2020-08-032020-11-010000078239pvh:SalesChannelSalestoRetailCustomersMemberus-gaap:ProductMember2021-02-012021-10-310000078239pvh:SalesChannelSalestoRetailCustomersMemberus-gaap:ProductMember2020-02-032020-11-010000078239us-gaap:CorporateMember2021-08-022021-10-310000078239us-gaap:CorporateMember2020-08-032020-11-010000078239us-gaap:CorporateMember2021-02-012021-10-310000078239us-gaap:CorporateMember2020-02-032020-11-010000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:TommyHilfigerInternationalMember2021-08-022021-10-310000078239pvh:ReductionInWorkforceAndRealEstateFootprintMemberpvh:CalvinKleinInternationalMember2021-08-022021-10-310000078239pvh:HeritageBrandsWholesaleMemberpvh:HeritageBrandsTransactionMember2021-02-012021-10-310000078239pvh:HeritageBrandsWholesaleMemberpvh:NorthAmericaWorkforceReductionMember2020-08-032020-11-010000078239pvh:NorthAmericaWorkforceReductionMember2020-02-032020-11-010000078239pvh:TommyHilfigerNorthAmericaMemberpvh:NorthAmericaWorkforceReductionMember2020-02-032020-11-010000078239pvh:CalvinKleinNorthAmericaMemberpvh:NorthAmericaWorkforceReductionMember2020-02-032020-11-010000078239pvh:HeritageBrandsWholesaleMemberpvh:NorthAmericaWorkforceReductionMember2020-02-032020-11-010000078239us-gaap:CorporateMemberpvh:NorthAmericaWorkforceReductionMember2020-02-032020-11-010000078239pvh:LongLivedAssetsMember2020-02-032020-11-010000078239pvh:TommyHilfigerNorthAmericaMemberpvh:LongLivedAssetsMember2020-02-032020-11-010000078239pvh:LongLivedAssetsMemberpvh:TommyHilfigerInternationalMember2020-02-032020-11-010000078239pvh:CalvinKleinNorthAmericaMemberpvh:LongLivedAssetsMember2020-02-032020-11-010000078239pvh:CalvinKleinInternationalMemberpvh:LongLivedAssetsMember2020-02-032020-11-010000078239pvh:HeritageBrandsRetailMemberpvh:LongLivedAssetsMember2020-02-032020-11-010000078239pvh:HeritageBrandsWholesaleMemberpvh:SpeedoTransactionMember2020-02-032020-11-010000078239pvh:PVHIndiaJointVentureMember2021-10-310000078239pvh:PVHJapanMember2021-10-310000078239pvh:WuxiJinmaoForeignTradeCo.Member2016-11-290000078239pvh:WuxiJinmaoForeignTradeCo.Member2016-11-292022-11-280000078239pvh:WuxiJinmaoForeignTradeCo.Member2022-11-292026-09-300000078239pvh:WuxiJinmaoForeignTradeCo.Member2021-02-012021-10-310000078239pvh:WuxiJinmaoForeignTradeCo.Member2020-02-032020-11-010000078239pvh:WuxiJinmaoForeignTradeCo.Member2021-10-310000078239pvh:WuxiJinmaoForeignTradeCo.Member2021-01-310000078239pvh:WuxiJinmaoForeignTradeCo.Member2020-11-010000078239pvh:ConsolidationOfNorthAmericaWarehouseAndDistributionNetworkMember2020-02-032020-11-01

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q
(Mark One)
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period endedOctober 31, 2021

OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period fromto

Commission File Number 001-07572
PVH CORP.
(Exact name of registrant as specified in its charter)
Delaware13-1166910
(State or other jurisdiction of(I.R.S. Employer
incorporation or organization)Identification No.)
200 Madison Avenue,New York,New York10016
(Address of principal executive offices)(Zip Code)
    
(212) 381-3500
__________________________________________________________________________________________________________________________________________________________________________
(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, $1.00 par valuePVHNew York Stock Exchange
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large Accelerated FilerAccelerated filer  
Non-accelerated filer  
Smaller reporting company
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No ☒

The number of outstanding shares of common stock of the registrant as of December 1, 2021 was 69,977,635.



PVH CORP.
INDEX
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements in this Quarterly Report on Form 10-Q, including, without limitation, statements relating to our future revenue, earnings and cash flows, plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, (i) our plans, strategies, objectives, expectations and intentions are subject to change at any time at our discretion; (ii) our ability to realize anticipated benefits and savings from restructuring and similar plans, such as the workforce reductions in North America and certain international markets, and the reductions in our office and store real estate footprint, all as previously announced; (iii) we may be considered to be highly leveraged and we use a significant portion of our cash flows to service our indebtedness, as a result of which we might not have sufficient funds to operate our businesses in the manner we intend or have operated in the past; (iv) the levels of sales of our apparel, footwear and related products, both to our wholesale customers and in our retail stores and our directly operated digital commerce sites, the levels of sales of our licensees at wholesale and retail, and the extent of discounts and promotional pricing in which we and our licensees and other business partners are required to engage, all of which can be affected by weather conditions, changes in the economy, fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositionings of brands by our licensors, consumer sentiment and other factors; (v) our ability to manage our growth and inventory; (vi) quota restrictions, the imposition of safeguard controls and the imposition of new or increased duties or tariffs on goods from the countries where we or our licensees produce goods under our trademarks, any of which, among other things, could limit the ability to produce products in cost-effective countries, or in countries that have the labor and technical expertise needed, or require us to absorb costs or try to pass costs onto consumers, which could materially impact our revenue and profitability; (vii) the availability and cost of raw materials; (viii) our ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where our products can best be produced); (ix) the regulation or prohibition of the transaction of business with specific individuals or entities and their affiliates or goods manufactured in (or containing raw materials or components from) certain regions, such as the listing of a person or entity as a Specially Designated National or Blocked Person by the U.S. Department of the Treasury’s Office of Foreign Assets Control and the issuance of Withhold Release Orders by the U.S. Customs and Border Patrol; (x) changes in available factory and shipping capacity, wage and shipping cost escalation, civil conflict, war or terrorist acts, the threat of any of the foregoing, or political or labor instability in any of the countries where our or our licensees’ or other business partners’ products are sold, produced or are planned to be sold or produced; (xi) disease epidemics and health-related concerns, such as the ongoing COVID-19 pandemic, which could result in (and, in the case of the COVID-19 pandemic, has resulted in some of the following) supply-chain disruptions due to closed factories, reduced workforces and production capacity, scarcity of raw materials and scrutiny or embargoing of goods produced in affected areas, shipping delays, container and trucker shortages, port congestion and other logistics problems, closed stores, reduced consumer traffic and purchasing, as consumers become ill or limit or cease shopping in order to avoid exposure, or governments implement mandatory business closures, travel restrictions or the like to prevent the spread of disease, and market or other changes that could result (or, with respect to the COVID-19 pandemic, could continue to result) in shortages of inventory available to be delivered to our stores and customers, order cancellations and lost sales, as well as in noncash impairments of the Company’s goodwill and other intangible assets, operating lease right-of-use assets, and property, plant and equipment; (xii) acquisitions and divestitures and issues arising with acquisitions, divestitures and proposed transactions, including, without limitation, the ability to realize the strategic benefits of transactions (such as our sale of certain intellectual property and other assets of, and exiting from, our Heritage Brands business to focus on our Calvin Klein and Tommy Hilfiger businesses), the ability to integrate an acquired entity or business into us with no substantial adverse effect on the acquired entity’s, the acquired business’s or our existing operations, employee relationships, vendor relationships, customer relationships or financial performance, and the ability to operate effectively and profitably our continuing businesses after the sale or other disposal of a subsidiary, business or the assets thereof; (xiii) the failure of our licensees to market successfully licensed products or to preserve the value of our brands, or their misuse of our brands; (xiv) significant fluctuations of the U.S. dollar against foreign currencies in which we transact significant levels of business; (xv) our retirement plan expenses recorded throughout the year are calculated using actuarial valuations that incorporate assumptions and estimates about financial market, economic and demographic conditions, and differences between estimated and actual results give rise to gains and losses, which can be significant, that are recorded immediately in earnings, generally in the fourth quarter of the year; (xvi) the impact of new and revised tax legislation and regulations; and (xvii) other risks and uncertainties indicated from time to time in our filings with the Securities and Exchange Commission.

We do not undertake any obligation to update publicly any forward-looking statement, including, without limitation, any estimate regarding revenue, earnings or cash flows, whether as a result of the receipt of new information, future events or otherwise.




PART I -- FINANCIAL INFORMATION
Item 1 - Financial Statements














PART I - FINANCIAL INFORMATION

ITEM 1 - FINANCIAL STATEMENTS

PVH Corp.
Consolidated Statements of Operations
Unaudited
(In millions, except per share data)
Thirteen Weeks EndedThirty-Nine Weeks Ended
October 31,November 1,October 31,November 1,
2021202020212020
Net sales    $2,208.0 $2,014.3 $6,410.0 $4,802.7 
Royalty revenue    97.4 79.7 248.0 185.7 
Advertising and other revenue    27.1 24.1 67.0 54.4 
Total revenue    2,332.5 2,118.1 6,725.0 5,042.8 
Cost of goods sold (exclusive of depreciation and amortization)987.4 1,016.8 2,817.2 2,392.3 
Gross profit    1,345.1 1,101.3 3,907.8 2,650.5 
Selling, general and administrative expenses    1,097.3 987.2 3,198.7 2,809.5 
Goodwill and other intangible asset impairments   933.5 
Non-service related pension and postretirement income(4.2)(3.6)(11.5)(7.9)
Other (gain) loss, net(118.9) (118.9)3.1 
Equity in net income (loss) of unconsolidated affiliates6.3 4.4 14.1 (10.3)
Income (loss) before interest and taxes 377.2 122.1 853.6 (1,098.0)
Interest expense    25.9 34.4 83.7 89.6 
Interest income    1.3 0.9 3.4 2.8 
Income (loss) before taxes 352.6 88.6 773.3 (1,184.8)
Income tax expense (benefit)72.9 19.1 212.1 (105.4)
Net income (loss)279.7 69.5 561.2 (1,079.4)
Less: Net loss attributable to redeemable non-controlling interest (0.3)(0.3)(1.0)
Net income (loss) attributable to PVH Corp.$279.7 $69.8 $561.5 $(1,078.4)
Basic net income (loss) per common share attributable to PVH Corp.$3.94 $0.98 $7.89 $(15.15)
Diluted net income (loss) per common share attributable to PVH Corp.
$3.89 $0.98 $7.77 $(15.15)

See accompanying notes.
1


PVH Corp.
Consolidated Statements of Comprehensive Income (Loss)
Unaudited
(In millions)

Thirteen Weeks EndedThirty-Nine Weeks Ended
October 31,November 1,October 31,November 1,
2021202020212020
Net income (loss)$279.7 $69.5 $561.2 $(1,079.4)
Other comprehensive (loss) income:
Foreign currency translation adjustments(55.6)(14.6)(121.0)116.2 
Net unrealized and realized gain (loss) related to effective cash flow hedges, net of tax expense (benefit) of $3.1, $1.2, $10.5 and $(0.4)
22.8 10.2 74.4 (32.8)
Net gain (loss) on net investment hedges, net of tax expense (benefit) of $6.7, $4.0, $13.4 and $(18.6)
20.7 12.7 41.3 (57.6)
Total other comprehensive (loss) income(12.1)8.3 (5.3)25.8 
Comprehensive income (loss)267.6 77.8 555.9 (1,053.6)
Less: Comprehensive loss attributable to redeemable non-controlling interest (0.3)(0.3)(1.0)
Comprehensive income (loss) attributable to PVH Corp.$267.6 $78.1 $556.2 $(1,052.6)

See accompanying notes.

2



PVH Corp.
Consolidated Balance Sheets
(In millions, except share and per share data)
October 31,January 31,November 1,
202120212020
UNAUDITEDAUDITEDUNAUDITED
ASSETS
Current Assets:
Cash and cash equivalents    $1,298.7 $1,651.4 $1,460.0 
Trade receivables, net of allowances for credit losses of $64.3, $69.6 and $76.8
906.8 641.5 799.2 
Other receivables    29.8 25.1 19.5 
Inventories, net    1,379.6 1,417.1 1,483.5 
Prepaid expenses    149.8 158.2 136.4 
Other94.2 50.4 69.3 
Total Current Assets3,858.9 3,943.7 3,967.9 
Property, Plant and Equipment, net 897.1 942.7 953.2 
Operating Lease Right-of-Use Assets1,432.1 1,564.8 1,613.7 
Goodwill    2,894.2 2,954.3 2,881.9 
Tradenames    2,763.5 2,869.7 2,834.6 
Other Intangibles, net612.6 648.5 628.5 
Other Assets, including deferred taxes of $54.0, $57.2 and $66.9
357.6 369.8 377.4 
Total Assets$12,816.0 $13,293.5 $13,257.2 
LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable    $1,051.3 $1,124.2 $1,134.4 
Accrued expenses1,116.5 939.9 939.8 
Deferred revenue    35.9 55.8 25.6 
Current portion of operating lease liabilities395.0 421.4 424.1 
Short-term borrowings    27.8  21.1 
Current portion of long-term debt    32.8 41.1 22.9 
Total Current Liabilities    2,659.3 2,582.4 2,567.9 
Long-Term Portion of Operating Lease Liabilities1,285.7 1,430.7 1,454.6 
Long-Term Debt2,605.2 3,513.7 3,464.1 
Other Liabilities, including deferred taxes of $517.0, $418.4 and $416.6
1,094.1 1,039.8 1,097.4 
Redeemable Non-Controlling Interest (3.4)(3.0)
Stockholders’ Equity:
Preferred stock, par value $100 per share; 150,000 total shares authorized    
   
Common stock, par value $1 per share; 240,000,000 shares authorized; 86,988,242; 86,293,158 and 86,218,773 shares issued
87.0 86.3 86.2 
Additional paid-in capital - common stock    3,181.8 3,129.4 3,111.7 
Retained earnings    4,172.0 3,613.2 3,670.9 
Accumulated other comprehensive loss(524.4)(519.1)(614.3)
Less: 16,647,920; 15,133,663 and 15,120,165 shares of common stock held in treasury, at cost
(1,744.7)(1,579.5)(1,578.3)
Total Stockholders’ Equity    5,171.7 4,730.3 4,676.2 
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ Equity$12,816.0 $13,293.5 $13,257.2 


See accompanying notes.
3



PVH Corp.
Consolidated Statements of Cash Flows
Unaudited
(In millions)
Thirty-Nine Weeks Ended
October 31,November 1,
20212020
OPERATING ACTIVITIES
Net income (loss)$561.2 $(1,079.4)
Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization    233.2 240.2 
Equity in net (income) loss of unconsolidated affiliates(14.1)10.3 
Deferred taxes    87.0 (159.9)
Stock-based compensation expense    35.8 36.6 
Impairment of goodwill and other intangible assets 933.5 
Impairment of other long-lived assets35.1 23.2 
Other (gain) loss, net(118.9)3.1 
Changes in operating assets and liabilities:
Trade receivables, net    (276.0)(34.3)
Other receivables(5.2)3.4 
Inventories, net    (12.0)173.7 
Accounts payable, accrued expenses and deferred revenue    52.4 185.3 
Prepaid expenses    2.9 26.5 
Other, net    1.8 64.8 
Net cash provided by operating activities583.2 427.0 
INVESTING ACTIVITIES
Purchases of property, plant and equipment    (170.7)(158.7)
Investments in unconsolidated affiliates (1.6)
Proceeds from sale of the Speedo North America business 169.1 
Proceeds from sale of certain Heritage Brands trademarks and other assets
222.9  
Net cash provided by investing activities52.2 8.8 
FINANCING ACTIVITIES
Net proceeds from (payments on) short-term borrowings28.1 (31.9)
Proceeds from 4 5/8% senior notes, net of related fees 493.8 
Proceeds from 3 5/8% senior notes, net of related fees 185.9 
Repayment of 2019 facilities(844.2)(10.6)
Net proceeds from settlement of awards under stock plans21.0  
Cash dividends     (2.7)
Acquisition of treasury shares    (160.8)(116.1)
Payments of finance lease liabilities(3.9)(4.0)
Payment of mandatorily redeemable non-controlling interest liability attributable to initial fair value
(15.2)(12.7)
Net cash (used) provided by financing activities(975.0)501.7 
Effect of exchange rate changes on cash and cash equivalents    (13.1)19.1 
(Decrease) increase in cash and cash equivalents(352.7)956.6 
Cash and cash equivalents at beginning of period    1,651.4 503.4 
Cash and cash equivalents at end of period    $1,298.7 $1,460.0 
See Note 18 for information on Supplemental Cash Flow Information.

See accompanying notes.
4



PVH Corp.
Consolidated Statements of Changes in Stockholders’ Equity and Redeemable Non-Controlling Interest
Unaudited
(In millions, except share and per share data)

Thirty-Nine Weeks Ended November 1, 2020
Stockholders’ Equity
Common StockAdditional
Paid-In
Capital-
Common
Stock
Accumulated
Other
Comprehensive Loss
Total Stockholders’ Equity
Redeemable
Non-Controlling
Interest
Preferred
Stock
Shares$1 par
Value
Retained
Earnings
Treasury
Stock
February 2, 2020$(2.0)$ 85,890,276 $85.9 $3,075.4 $4,753.0 $(640.1)$(1,462.7)$5,811.5 
Net loss attributable to PVH Corp.(1,096.8)(1,096.8)
Foreign currency translation adjustments(112.6)(112.6)
Net unrealized and realized gain related to effective cash flow hedges, net of tax expense of $4.1
7.8 7.8 
Net gain on net investment hedges, net of tax expense of $3.7
11.5 11.5 
Comprehensive loss attributable to PVH Corp.(1,190.1)
Cumulative-effect adjustment related to the adoption of accounting guidance for credit losses(1.0)(1.0)
Settlement of awards under stock plans232,707 0.2(0.2) 
Stock-based compensation expense10.0 10.0 
Dividends declared ($0.0375 per common share)
(2.7)(2.7)
Acquisition of 1,497,725 treasury shares
(114.3)(114.3)
Net loss attributable to redeemable non-controlling interest(0.4)
May 3, 2020$(2.4)$ 86,122,983 $86.1 $3,085.2 $3,652.5 $(733.4)$(1,577.0)$4,513.4 
Net loss attributable to PVH Corp.(51.4)(51.4)
Foreign currency translation adjustments243.4 243.4 
Net unrealized and realized loss related to effective cash flow hedges, net of tax benefit of $5.7
(50.8)(50.8)
Net loss on net investment hedges, net of tax benefit of $26.3
(81.8)(81.8)
Comprehensive income attributable to PVH Corp.59.4 
Settlement of awards under stock plans84,176 0.1 (0.1) 
Stock-based compensation expense11.8 11.8 
Acquisition of 22,260 treasury shares
(1.1)(1.1)
Net loss attributable to redeemable non-controlling interest(0.3)
August 2, 2020$(2.7)$ 86,207,159 $86.2 $3,096.9 $3,601.1 $(622.6)$(1,578.1)$4,583.5 
Net income attributable to PVH Corp.69.8 69.8 
Foreign currency translation adjustments(14.6)(14.6)
Net unrealized and realized gain related to effective cash flow hedges, net of tax expense of $1.2
10.2 10.2 
Net gain on net investment hedges, net of tax expense of $4.0