PVH Corp. bounces back with 2025 revenue growth and cost savings
PVH Corp. has reported a strong financial year for 2025, marking a return to revenue growth as planned. The company’s annual meeting is set for June 18, where further updates on performance and strategy will likely be discussed. Under CEO Stefan Larsson, PVH Corp. achieved an adjusted operating margin of 8.8% in 2025. The business also generated over 200 basis points in annualised cost savings, helping to strengthen its financial position. By the end of the year, the company was well-stocked for spring 2026, indicating a healthy inventory level.
Larsson’s leadership focused on streamlining operations around two key brands: Calvin Klein and Tommy Hilfiger. His total compensation for 2025 exceeded $16 million, with the largest portion—$12.2 million—coming from stock awards. His base salary was $1.5 million, while incentive pay reached $2.1 million, equivalent to 74% of his target payout.
The company’s 2025 results show progress in both revenue and efficiency. With a solid inventory position and cost reductions in place, PVH Corp. appears prepared for the year ahead. The upcoming annual meeting on June 18 will provide shareholders with further insights into future plans.
