PVH plans to cut about 4% of global workforce in reorganization

• PVH launched a global restructuring on November 12, 2026, targeting approximately 4% of its workforce, primarily non-consumer-facing roles.
• The cuts represent around 12% of office-based staff, with some starting immediately and remaining actions expected in the first quarter of 2027.
• Net pre-tax savings should reach at least $100 million in fiscal 2027, including $45 million in previously anticipated annualized savings.
• Full annualized net pre-tax savings are projected at at least $150 million beginning in fiscal 2028.
• The restructuring will reduce organizational layers and duplicative work, with completion expected by the end of fiscal 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PVH Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-118427), on November 12, 2026, and is solely responsible for the information contained therein.