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PVH.US
id: 223
On August 30, PVH Corp. released Q2 2022 financials and surprised the market by cutting full-year projections.
At the same time, the Company announced that Trish Donnelly, Chief Executive Officer, PVH Americas & Calvin Klein Global, will be leaving PVH to pursue other opportunities.
The coincidence of these two events may indicate that there was mismanagement, which could adversely affect the financial results of the Company.
On this news, PVH declined more than 10% and lost $440 million of its capitalization, seriously damaging investors.
Alleged Offence
Mismanagement
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Negligence
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
30 August 2022
Collecting participants…

PVH Corp

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klei...

    Ticker
    PVH.US
    ISIN
    US6936561009
    CIK
    78239
    Sector
    Consumer Cyclical
    Industry
    Apparel Manufacturing
    Country
    USA
    Address
    285 Madison Avenue, New York, NY, United States, 10017