PVH's Trading Volume Surges 283% to 101st Rank Amid Retail Closures and Brand Sales

On June 5, 2025, PVH's trading volume reached 7.84 billion, marking a significant increase of 283.14% compared to the previous day, placing it at the 101st position in the day's stock market rankings. PVH's stock price fell by 17.96%, marking the second consecutive day of decline, with a total decrease of 19.68% over the past two days.

PVH Corp. has announced that it will be closing its retail stores in the United States and Canada. The company has stated that this decision is part of a broader strategy to focus on its wholesale business and e-commerce operations. The closure of these stores is expected to result in significant cost savings for the company, as it will no longer have to bear the expenses associated with maintaining physical retail locations.

PVH Corp. has also announced that it will be laying off a significant number of employees as part of its restructuring efforts. The company has stated that these layoffs are necessary in order to reduce costs and improve its financial performance. The layoffs are expected to affect employees in both its retail and corporate offices, with the exact number of job cuts yet to be determined.

PVH Corp. has also announced that it will be selling its Tommy Hilfiger and Calvin Klein brands to a private equity firm. The company has stated that this sale is part of its strategy to focus on its core brands and reduce its debt load. The sale is expected to generate significant cash for the company, which it plans to use to invest in its remaining brands and pay down its debt.