PVH's Acquisition Of Tommy Hilfiger Has Nearly Doubled Its Revenue.

Recently, Phillips-VanHeusen Announced that the company's three quarter profit fell slightly, but because of the acquisition. Tommy Hilfiger The company's revenue nearly doubled to $1 billion 520 million, much higher than the $697 million 400 thousand in the same period last year, of which total sales rose from $603 million 600 thousand to $1 billion 390 million.

　　
Company's Calvin Klein In the three quarter, business grew by 16% to $272 million 600 thousand, royalty revenue increased by 13%. Calvin Klein Wholesale and retail business increased by 15% compared with the same period last year, while same store sales increased by 12%. The profits that were not deducted from interest and taxes amounted to $75 million 600 thousand.

　　
     Tommy Hilfiger Business income was $708 million 400 thousand, and business in Europe and North America was better than expected. The GAAP yield before interest and taxes was $62 million 100 thousand, which is $7 million 100 thousand higher than the value predicted by PVH.

　　
    PVH The revenue of traditional brands increased by 16%, revenue was $535 million 400 thousand, wholesale business grew by 22%, retail sales increased 9% from last year, and interest income and tax revenue increased by 19% from 57 million 200 thousand dollars last year to 67 million 900 thousand dollars.

　　
Chairman and chief executive officer Emanuel Chirico said: "our traditional brands and Calvin Klein Business is becoming more positive. Tommy Hilfiger The performance of the brand is also very prominent, so the revenue of this quarter has increased. " It is reported that the company plans to increase advertising expenses in the four quarter compared with the same period last year, an increase of US $10 million. We expect that the company will continue to develop well in the four quarter.