Skip to main content

PVH’s Emanuel Chirico Sees Trade War Hurting Sentiment

The U.S.-China trade war is hitting not just supply chains, but the hearts and minds of consumers, according to Emanuel Chirico, chairman and chief executive officer of PVH Corp. While the company’s Tommy Hilfiger business drove revenues up 4 percent to $1.1 billion in the quarter (a 9 percent boost in constant currencies), and Calvin Klein was flat at $890 million (up 4 percent in constant currencies), both companies saw comparable sales declines in North America. Calvin Klein, in the midst of a restructuring, comped down 5 percent while Tommy Hilfiger was off 4 percent. Chirico pointed to the strong U.S. dollar that has hurt tourist spending and chilled the company’s outlet sales while the heated rhetoric in the trade war with China is being felt by consumers on both sides of the Pacific. “The constant drumbeat is impacting the consumer overall — both in the U.S. and in China — and we’re seeing a retail backdrop that is somewhat challenging overall in the U.S.,” Chirico told WWD Wednesday. “It’s a combination of the trade disputes and the pressure and the uncertainty that that creates around tariffs and around just the general tone between China and the United States.” PVH was among the fashion

Follow WWD on Twitter or become a fan on Facebook.

Read More...

from WWDWWD http://bit.ly/2XbZ5yJ
Labels:

Comments

Post a Comment

Popular posts from this blog

Meghan Trainor makes seriously bizarre claim about her relationship with husband Daryl Sabara

Kinda cute kinda strange... Meghan Trainor has made a seriously strange claim about her relationship with her husband, Daryl Sabara. Credit: Getty The All About That Bass songstress tied the know with the Spy Kids actor last year and it seems that the pair are closer than close. The US Voice judge admitted that she feels “physically sick” when she is apart from her hubby, even when he pops to the bathroom for a shower. As the famous couple sat down for an interview together, they gushed over one another as Meghan explained, “We’re so lame. Even if he has to go and take a shower, I’ll be like: ‘I miss you!’” READ MORE CELEBRITY NEWS  View this post on Instagram Back in the UK with my @darylsabara A post shared by Meghan Trainor (@meghan_trainor) on Nov 27, 2019 at 7:53am PST Speaking to The Sun’s Fabulous magazine, the blonde pop star elaborated, “I feel physically ill when he leaves the room. The day just sucks when he’s no
Post a Comment
Read more

The 12 Best Press-On Nails You Can Buy On Amazon

If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. While there’s nothing quite as satisfying as a fresh manicure, constant trips to the salon can become super expensive. This cost can make it hard to motivate yourself to try new things, and just generally prohibitive. That said, recently there have been tons and tons of press-on nail options popping up on Amazon. These are not the cheap press on nails from the early 90s; these are high-quality, durable and perhaps most importantly, absolutely beautiful. Amazon Prime members will get free shipping in just two days, so they’re the perfect option for those looking to throw on some nails before a big event or last minute gathering. Since they’re all attached with glue, they are super easy to apply. You simply dab a small amount of the provided glue onto the inside of the press on nail and place it on your real nail. To remove, just soak them in acetone for up
1 comment
Read more

Louise Redknapp wows fans with seductive lingerie snap

Louise Redknapp has wowed fans on social media. Credit: Getty The singer and songwriter has left fans gobsmacked with a gorgeous new snap that she posted to her social media. Taking to her Instagram account, Louise shared a striking photo with her nearly 700,000 followers that shows her modelling a set of barely there lingerie. Wearing a nudey peach lacy bra with a see-through mesh pair of matching briefs, the former Eternal singer lay on a hotel-style bed giving a sultry look to the camera. View this post on Instagram Saturday night out… just kidding I’m in my PJs 馃 A post shared by Louise Redknapp (@louiseredknapp) on Nov 9, 2019 at 11:42am PST With muted smokey eye makeup and a subtle glow on her cheeks, the mum-of-two cut a seductive figure with her sultry getup. Joking in her caption that she was enjoying a night out earlier on in the weekend, the mum-of-two, who used to be married to former England footballer Jamie Redkn
Post a Comment
Read more