American designer Tommy Hilfiger brought a youthful mix of oversized polo shirts and plaid bucket hats to his spring/summer 2027 collection, unveiled at Manhattan's Plaza Hotel on the first official day of New York Fashion Week
The CEO behind Calvin Klein and Tommy Hilfiger just bought $1 million of $PVH.
Stefan Larsson paid around $70.53 on September 11.
The company is guiding for $11.80–$12.10 in adjusted earnings per share this year.
That puts his purchase at roughly 6x that guidance.
Sales fell last quarter, so there’s work to do. He’s putting money behind the turnaround.