PVH and G-III Engage in a Bitter Licensing Lawsuit Over Tommy Hilfiger and Calvin Klein Brands

G-III Apparel Group has filed a $250 million breach of contract lawsuit against PVH Corp. over the denial of three-year extensions on its women's suit licenses for Tommy Hilfiger and Calvin Klein brands. G-III alleges a "sustained and deliberate campaign of unlawful misconduct" and takes aim at PVH's plans to remake the company, highlighting the impact on licensed businesses. PVH generated $300 million in earnings from licensing last year, with G-III representing 20% of expected revenues for 2025.