PVH Corp.
Company Name | PVH Corp. |
Stock Symbol | PVH |
On January 16, 2025, Reuters reported that China’s commerce ministry had determined that “preliminary findings showed that PVH Corp., the parent company of Calvin Klein and Tommy Hilfiger, engaged in ‘improper’ conduct related to the Xinjian region.” Reuters further reported this news comes after China previously “announced an investigation into PVH for suspected violations of market trading principles regarding Xinjiang-related products.”
On this news, PVH’s stock price fell $6.84, or 6.91%, to close at $92.17 per share on January 16, 2025, thereby injuring investors.
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