PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, delivered strong results in its second-quarter financial report and raised its full-year earnings per share forecast. The report shows that although sales in the Asia-Pacific region, particularly in China and Australia, faced challenges and global sales declined by 6% to $2.074 billion, net income grew by 67% YoY to $158 million. The company achieved significant improvements in gross margin by executing the PVH+ plan, which strengthened product offerings and consumer engagement, leading to higher full-price sales and reduced end-of-season clearance sales. PVH’s CEO, Stefan Larsson, highlighted the company’s strong performance in North America and emphasized the ongoing efforts to drive brand engagement and long-term growth in Europe and the Asia-Pacific region.