PVH Stock Plummets 20.77% in Three Days as Trading Volume Drops to 308th Rank

Generated by AI AgentAinvest Volume Radar
Friday, Jun 6, 2025 7:45 pm ET1min read
PVH--

On June 6, 2025, PVH's trading volume was $277 million, a 64.79% decrease from the previous day, ranking 308th in the day's stock market. PVHPVH-- (PVH) fell 1.36%, marking its third consecutive day of decline, with a total drop of 20.77% over the past three days.

PVH Corp. has announced that it will be closing 150 stores in the United States and Canada. The company stated that this decision is part of a broader strategy to optimize its retail footprint and focus on its most profitable locations. The closures are expected to be completed by the end of the fiscal year.

PVH Corp. has reported a significant increase in its online sales, driven by the growing demand for e-commerce during the pandemic. The company's e-commerce platform has seen a 30% increase in traffic and a 25% increase in sales compared to the same period last year. This trend is expected to continue as more consumers shift to online shopping.

PVH Corp. has also announced a new partnership with a leading logistics company to improve its supply chain efficiency. The partnership aims to reduce delivery times and improve inventory management, which is expected to enhance the company's overall operational efficiency and customer satisfaction.

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