PVH stock is in the red so far this year, and CEO Stefan Larsson just bought shares for the first time in years.

PVH Corp. stock rose more than 3% late Wednesday after the parent of Calvin Klein, Tommy Hilfiger and other apparel brands swung to a first-quarter profit and raised its profit outlook for the year.

Calvin Klein and Tommy Hilfiger parent PVH has ramped up its digital efforts during the pandemic. It has been using a 3D design tool to create new products without physical showrooms.

The Calvin Klein parent posted net income of $48.4 million, or 98 cents per share, up from $14.6 million, or 30 cents per share, last year. Sales of $748.2 million were up from $526.2 million.

Two iconic American clothing labels – preppy Tommy Hilfiger and Calvin Klein, known for its modern aesthetic – are coming together under one roof. Calvin Klein parent Phillips-Van Heusen said ...

Calvin Klein parent Phillips-Van Heusen said Monday it plans to purchase Tommy Hilfiger for about $3 billion in cash and stock. The deal adds a prominent brand to Phillips-Van Heusen’s stable, ...

PVH, the parent of Calvin Klein and Tommy Hilfiger, reported a 6% year-over-year second-quarter revenue decline as a "challenging consumer environment" has impacted the company's international sales.