PVH Corp, the parent company of Tommy Hilfiger and Calvin Klein, reported a 4.6% YoY decline in revenue to $2.26 billion for the third fiscal quarter ending November 30, with net profit dropping 18.4% to $131.9 million. Tommy Hilfiger’s revenue fell 1% YoY to $1.2 billion, while Calvin Klein’s decreased by 3% to $1 billion. CEO Stefan Larsson stated that despite challenging market conditions, the company's PVH+ strategic plan is progressing smoothly.