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PVH Sells Heritage Brands Assets to Authentic Brands Group in $220 Million Deal

The American fashion group is exiting the business to focus on its core brands, Tommy Hilfiger and Calvin Klein.

Van Heusen store. — Van Heusen store. Shutterstock.

By

Rachel Deeley

23 June 2021

American fashion group PVH said Wednesday it is selling off brand trademarks and other assets for IZOD, Van Heusen, Arrow and Geoffrey Beene, as it looks to focus on its core global brands, Calvin Klein and Tommy Hilfiger. The transaction is expected to close during the third quarter of this year, subject to regulatory approval.

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