Under the Company’s New Growth Strategy, the President of Calvin Klein Americas Adds Tommy Hilfiger to His Roster
PVH Corp. has elevated Donald Kohler to the position of Chief Executive Officer for its Americas division. Kohler had joined PVH in early 2023 as the President of Calvin Klein in the Americas and will now additionally oversee the Tommy Hilfiger business in the region. He will continue to be under the supervision of PVH’s CEO Stefan Larsson.
Larsson explained, “I have the same structure now with three regional CEOs — in Europe, North America and Asia — working with our two global brand leaders and our functional group leaders. It’s a simple, effective structure that works.” He also mentioned his intention to make both Tommy Hilfiger’s and Calvin Klein’s operations fast, flexible, and able to leverage the scale of PVH.
Prior to joining PVH, Kohler held high-ranking roles at Ferragamo, Burberry, and other corporations, and has already made a substantial difference, as per Larsson. He lauded Kohler for his transformational experience gleaned from working as a key leader on the team of Burberry’s ex-CEO Angela Ahrendts, stating, “He built his transformational experience through being a key leader on [former Burberry CEO] Angela Ahrendts’ team, where they transformed Burberry. He has fantastic and very relevant experience and has been able to translate that into unlocking Calvin in North America. Now he will do it for both brands.”
In terms of combined business performance, Calvin Klein and Tommy Hilfiger recorded an adjusted EBIT margin of 13 percent in the third quarter, marking PVH’s fifth consecutive quarter of double-digit EBIT margins in the region.
Expressing enthusiasm about his new role, Kohler stated, “We are building strong execution momentum across North America, and I look forward to working closely with our very strong teams and partners in the region.” The announcement of his promotion comes as PVH is on the brink of more changes.
Notably, PVH is in the process of reclaiming its North American women’s wholesale licenses from G-III Apparel Group, which will enable it to design its own styles for department stores in the region.