PVH buys long-time partner, Gazal Corporation Limited
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PVH buys long-time partner, Gazal Corporation Limited

Luxury giant PVH Corp, the company behind popular brands like Tommy Hilfiger, Calvin Klein, and Van Heusen, has announced that it’s acquiring long-time partner Gazal Corporation Limited. The closing is subject to the “customary conditions” (like shareholder approval, regulatory approval, etc.) and is expected to close in the second half of this year. When it does, PVH will have taken greater control of its Australia business, where its partnered with Gazal for years.

PVH’s share price has appreciated by 27% year to date

27 02 PVH

Luxury giant PVH Corp, the company behind popular brands like Tommy Hilfiger, Calvin Klein, and Van Heusen, has announced that it’s acquiring long-time partner Gazal Corporation Limited. The closing is subject to the “customary conditions” (like shareholder approval, regulatory approval, etc.) and is expected to close in the second half of this year. When it does, PVH will have taken greater control of its Australia business, where its partnered with Gazal for years.

PVH’s share price has appreciated by 27% year to date


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