| 2016-11-30 16:24:18|
PVH 16:24 11/30 11/30/16
PVH Corp. reports Q3 Heritage Brands revenue down 8% to $426M
Revenue in the Heritage Brands business for the quarter decreased 8% to $426 million compared to the prior year period, principally resulting from the rationalization initiatives implemented in 2015 that continued to impact the business in 2016, consisting of the exit from the Izod retail business and the discontinuation of several licensed product lines in the dress furnishings business. Partially offsetting these decreases was a 6% increase in comparable store sales in the Van Heusen business.