Job cuts loom as Calvin Klein owner reorganises EMEA business

PVH employs 12,500 staff members in the European, Middle East and Africa (EMEA) region, with the majority of head office roles based at its Amsterdam campus.

The business said it is in the process of “evolving” its EMEA business “to unlock our full potential in the region and drive sustainable, profitable, long-term growth”, a spokesperson told Drapers.

“As a result, some associates have experienced a role change, and some roles have been impacted. We will be providing transitional support to impacted associates,” they added.

The company reported a pre-tax loss of $349m (£257m) in its first-quarter results for the period ending 5 May 2025, compared with pre-tax income of $187m (£138m) in the previous year. Gross profit dropped 3% year on year to $1.16bn (£1.18bn).

Revenue increased 2% to $1.98bn (£1.46bn), while EBIT was $160m (£118m), compared with $195m (£143m) the previous year.

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