Who Owns PVH Company?

PVH Bundle

Get Bundle
Get Full Bundle:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Who Owns PVH Corp?

Understanding who owns a company is crucial for investors, strategists, and researchers alike, as it illuminates the forces shaping its influence, strategic direction, and accountability. A pivotal moment in the evolution of many global powerhouses, such as PVH Corp., often involves significant acquisitions or leadership successions that reshape their fundamental ownership landscape. PVH Corp., originally founded in 1881 by Moses Phillips and his wife Endel in Pottsville, Pennsylvania, began as a small, hand-sewing shirt operation. Over the years, it transformed from the Phillips-Van Heusen Corporation into the global apparel giant it is today, officially rebranding as PVH Corp. in 2011. Headquartered in Manhattan, New York City, PVH Corp. is a leading global apparel company that owns and markets a diverse portfolio of iconic brands, most notably Calvin Klein and Tommy Hilfiger.

Who Owns PVH Company?

PVH specializes in the design, marketing, and sale of a wide range of apparel and related products, including dress shirts, sportswear, jeanswear, and intimate apparel. The company distributes its products globally through wholesale, retail, and licensing channels, serving a broad consumer base in over 40 countries. In 2024, PVH reported approximately $8.7 billion in global revenue, with over 70% generated outside the U.S., showcasing its significant market position and global reach. With approximately 28,000 associates worldwide as of 2024, PVH stands as one of the largest global lifestyle companies in the world. This exploration will delve into the intricate ownership evolution of PVH Corp., tracing its roots from founder stakes and early ownership structures to the influence of key institutional investors and public shareholders. It will examine how these shifts have impacted the company’s governance and strategic trajectory, offering comprehensive insights into who truly holds the reins of this apparel powerhouse. Discovering the PVH BCG Matrix can offer further insight into the strategic positioning of its brands.

PVH Corp. is a publicly traded company, meaning its ownership is distributed among its shareholders. The question of 'Who owns PVH' therefore points to the collective body of individuals and institutions holding its stock. As a publicly traded entity, PVH Corp. stock is available for purchase on major stock exchanges, making its ownership accessible to a wide range of investors. Understanding the PVH Corporation shareholders is key to grasping the company's financial dynamics and strategic decision-making processes. The PVH stock ownership can fluctuate as investors buy and sell shares, influencing the overall PVH Corp ownership structure.

Institutional investors, such as mutual funds, pension funds, and hedge funds, often hold significant stakes in publicly traded companies like PVH Corp. These entities typically invest large sums and can exert considerable influence on a company's governance and strategic direction. The percentage of PVH Corp owned by institutional investors is a key metric for understanding the concentration of ownership. Examining PVH Corp annual report ownership details can provide specific figures on these holdings. The PVH executive management team, led by the CEO, is responsible for the day-to-day operations and strategic execution, but ultimate oversight rests with the board of directors, who are elected by the shareholders.

The PVH Corp brand portfolio ownership is a critical aspect of its business model, with flagship brands like Tommy Hilfiger and Calvin Klein driving much of its revenue. The financial performance and ownership of PVH Corp are intrinsically linked, as shareholder value is directly impacted by the company's success. The PVH Corp acquisition history ownership also plays a role in shaping its current structure and market position. For those seeking detailed information, PVH Corp investor relations is the primary channel to access data on PVH Corp stock ticker symbol, PVH Corp headquarters location, and other pertinent corporate information.

Who Founded PVH?

The origins of PVH Corp. trace back to 1881, with Moses Phillips and his wife Endel beginning a small home-based operation sewing shirts for local coal miners in Pottsville, Pennsylvania. This modest start laid the groundwork for what would eventually become a significant global apparel entity. The business grew, and in 1907, M. Phillips & Sons merged with D. Jones & Sons, a company established by Prussian immigrant Dramin Jones around 1865, to form the Phillips-Jones Corporation.

While specific details regarding the initial equity distribution or the exact number of shares held by the founders of M. Phillips & Sons or the early Phillips-Jones Corporation are not extensively documented in public records, the company's trajectory clearly shows a transition from a family-controlled enterprise to a publicly owned company. A pivotal moment in this evolution was the company's initial public offering (IPO) on the New York Stock Exchange in 1920. This event broadened the ownership base beyond the founding families and early private investors, bringing public shareholders into the company's financial structure.

The company's history is marked by a continuous drive for innovation and expansion. An important development was the acquisition of the patent for a self-folding collar in 1919 by John Manning van Heusen. This innovation played a role in the company's eventual renaming to Phillips-Van Heusen Corporation following a merger in 1957, reflecting a strategic focus on product advancement and market reach.

Icon

Founding Year

PVH Corp.'s roots were established in 1881. This marked the beginning of its journey in the apparel industry.

Icon

Founding Family

The company was founded by Moses Phillips and his wife Endel. Their initial venture was a small home-based shirt-making operation.

Icon

Early Merger

In 1907, M. Phillips & Sons merged with D. Jones & Sons. This strategic union formed the Phillips-Jones Corporation.

Icon

Public Offering

The company became publicly traded on the New York Stock Exchange in 1920. This IPO diversified its ownership structure.

Icon

Key Innovation

A significant patent for a self-folding collar was acquired in 1919. This innovation contributed to the company's product development.

Icon

Company Renaming

A merger in 1957 led to the company being renamed Phillips-Van Heusen Corporation. This reflected key figures in its history.

The early ownership structure of PVH Corp. was characterized by its family origins and a pivotal shift towards public ownership through its 1920 IPO. While precise early shareholding percentages are not publicly detailed, the company's growth and strategic moves, such as the acquisition of the self-folding collar patent, underscore a consistent focus on innovation and market expansion, which are key elements in its Growth Strategy of PVH.

Icon

Early Ownership Evolution

The ownership of PVH Corp. evolved from a private, family-led enterprise to a publicly traded entity. This transition opened the company to a broader base of shareholders.

  • Founded in 1881 by Moses and Endel Phillips.
  • Merged in 1907 to form Phillips-Jones Corporation.
  • Went public on the NYSE in 1920, diversifying PVH Corp ownership.
  • Acquired a key collar patent in 1919, influencing future branding.

PVH SWOT Analysis

  • Complete SWOT Breakdown
  • Fully Customizable
  • Editable in Excel & Word
  • Professional Formatting
  • Investor-Ready Format
Get Related Template

How Has PVH’s Ownership Changed Over Time?

PVH Corp.'s ownership journey began with its initial public offering in 1920 as Phillips-Van Heusen Corporation. Over the decades, strategic moves significantly shaped who owns PVH. A pivotal moment was the acquisition of the Calvin Klein company in 2002 for approximately $430 million, followed by the substantial $3 billion acquisition of Tommy Hilfiger in 2010. Further consolidation occurred with the 2013 acquisition of The Warnaco Group, which brought Calvin Klein's underwear and jeans businesses under PVH's umbrella. The company officially adopted the name PVH Corp. in 2011 to better represent its expanded brand portfolio. In 2021, PVH Corp. streamlined its focus by divesting its Heritage Brands business, concentrating on its core brands, Calvin Klein and Tommy Hilfiger.

As a publicly traded entity on the New York Stock Exchange (NYSE: PVH), PVH Corp.'s ownership is primarily held by institutional investors. As of July 15, 2025, a total of 875 institutional owners and shareholders collectively hold 68,451,471 shares. Prominent institutional shareholders include Pzena Investment Management LLC, Vanguard Group Inc., BlackRock, Inc., Fmr LLC, and Dimensional Fund Advisors LP. For example, Pzena Investment Management LLC held 6,161,567 shares as of March 31, 2025, with Vanguard Group Inc. holding 5,796,161 shares and BlackRock, Inc. holding 5,278,831 shares. Institutional ownership accounts for approximately 111.75% of the shares outstanding, while insider ownership represents about 17.85%. The market value of common equity held by non-affiliates was approximately $5.27 billion as of August 4, 2024. This widespread institutional backing underscores the significant influence these large investment firms have on the company's strategic direction and corporate governance.

Major Institutional Shareholder Shares Held (as of March 31, 2025) Approximate Percentage of Shares Outstanding
Pzena Investment Management LLC 6,161,567 ~0.70%
Vanguard Group Inc. 5,796,161 ~0.66%
BlackRock, Inc. 5,278,831 ~0.60%

Understanding PVH Corp ownership structure is key to grasping its corporate dynamics. The company's history of strategic acquisitions, such as those of Calvin Klein and Tommy Hilfiger, has significantly shaped its brand portfolio and, consequently, its shareholder base. The substantial holdings by institutional investors indicate a strong reliance on these entities for capital and strategic guidance, reflecting the interconnectedness of financial markets and corporate strategy. For those interested in the company's guiding principles, understanding the Mission, Vision & Core Values of PVH can provide further context on its operational philosophy.

Icon

PVH Corp. Ownership Snapshot

PVH Corp. is a publicly traded company with a significant portion of its shares held by institutional investors.

  • Institutional ownership is approximately 111.75% of shares outstanding.
  • Key institutional shareholders include Vanguard Group Inc. and BlackRock, Inc.
  • Insider ownership stands at around 17.85%.
  • The company's ownership has evolved through major acquisitions of brands like Calvin Klein and Tommy Hilfiger.

PVH PESTLE Analysis

  • Covers All 6 PESTLE Categories
  • No Research Needed – Save Hours of Work
  • Built by Experts, Trusted by Consultants
  • Instant Download, Ready to Use
  • 100% Editable, Fully Customizable
Get Related Template

Who Sits on PVH’s Board?

The Board of Directors at PVH Corp. is central to the company's governance, guiding its strategic path and ensuring that shareholder interests are well-represented. The current board is a blend of independent directors and the Chief Executive Officer, fostering a balanced approach to decision-making. This structure is designed to provide robust oversight and strategic direction for PVH Corp. and its extensive brand portfolio.

Stefan Larsson holds the position of Chief Executive Officer at PVH Corp. and also serves as a member of the Board of Directors. Other key individuals on the board include Michael Calbert, who acts as the Board Chair, Jesper Andersen (appointed in November 2024), Ajay Bhalla, Brent Callinicos, George Cheeks, Kate Gulliver (appointed in August 2024), and G. Penny McIntyre. With the exception of Mr. Larsson, all other directors are classified as independent. The board has been actively refreshed, with four independent directors joining within the past three years, which has helped to reduce the average tenure of director nominees to 5.2 years. This commitment to refreshment ensures a dynamic and experienced board.

Director Role Independence
Stefan Larsson Chief Executive Officer Not Independent
Michael Calbert Board Chair Independent
Jesper Andersen Director Independent
Ajay Bhalla Director Independent
Brent Callinicos Director Independent
George Cheeks Director Independent
Kate Gulliver Director Independent
G. Penny McIntyre Director Independent

PVH Corp. operates with a fundamental principle of one-share-one-vote for its common stock, meaning each share of common stock held entitles its owner to a single vote on matters presented at stockholder meetings. Directors are typically elected on an annual basis through a majority of the votes cast in uncontested elections; this requires that a nominee receives more votes in favor than against. In situations where elections are contested, a plurality of votes is sufficient for election. The company's Certificate of Incorporation permits the issuance of up to 240,000,000 shares of common stock. As of March 14, 2025, there were approximately 52,636,943 shares outstanding. Holders of common stock do not have the benefit of cumulative voting rights. While there are no publicly disclosed dual-class share structures or other arrangements that grant disproportionate voting power to specific shareholders, the Johnson family group and other Series B shareholders have entered into a voting agreement. This agreement stipulates that they will vote their Series B shares in alignment with the majority vote of that specific class. The Board's key committees, including the Audit & Risk Management Committee and the Corporate Responsibility Committee, are composed entirely of independent directors, reinforcing the company's commitment to strong corporate governance and oversight.

Icon

Understanding PVH Corp. Voting Power

PVH Corp. adheres to a straightforward voting structure, ensuring that ownership directly correlates with voting influence. This transparency is key for investors seeking to understand PVH Corp. ownership.

  • One-share-one-vote principle for common stock.
  • Directors elected by majority of votes cast in uncontested elections.
  • No cumulative voting rights for common stockholders.
  • Series B shareholders have a voting agreement.
  • Independent directors lead key board committees.

PVH Business Model Canvas

  • Complete 9-Block Business Model Canvas
  • Effortlessly Communicate Your Business Strategy
  • Investor-Ready BMC Format
  • 100% Editable and Customizable
  • Clear and Structured Layout
Get Related Template

What Recent Changes Have Shaped PVH’s Ownership Landscape?

Over the past few years, PVH Corp. has been actively shaping its ownership landscape and capital structure. A key element of this strategy has been a strong focus on returning capital to shareholders, notably through significant share repurchase programs. These actions reflect a commitment to enhancing shareholder value and managing the company's equity profile.

In fiscal year 2024, PVH Corp. executed substantial share repurchases, buying back 4.7 million shares of its common stock for approximately $500 million. Further demonstrating this commitment, the company announced in March 2025 its intention to enter into accelerated share repurchase agreements. These agreements are designed to repurchase an additional $500 million of its common stock in 2025, a move that represents roughly 14% of the weighted average diluted shares outstanding from the fourth quarter of fiscal 2024. This accelerated repurchase is anticipated to conclude in the third quarter of fiscal 2025.

Key Ownership & Development Metrics
Share Repurchases (FY2024) 4.7 million shares ~$500 million
Planned ASR (2025) ~$500 million Approx. 14% of Q4 FY24 diluted shares
Insider Ownership (2025) 17.85% Net selling trend over last 12 months
Institutional Ownership (2025) Over 100% of shares outstanding Reflects factors like short selling
CEO Appointment Stefan Larsson February 2021

Leadership transitions have also been a notable aspect of recent developments. Stefan Larsson took on the role of CEO in February 2021, bringing his strategic vision to the company. More recently, the company has seen further executive appointments, including a new CEO of Americas in December and a new creative director for Calvin Klein in May 2024. These changes are part of PVH's ongoing efforts to strengthen its leadership team and drive its strategic initiatives forward. The company's strategic direction, including its Marketing Strategy of PVH, continues to evolve as it navigates the dynamic retail environment, focusing on its core brands, Tommy Hilfiger and Calvin Klein, and streamlining operations, as evidenced by the divestiture of its Heritage Brands business in 2021.

Icon Shareholder Value Focus

PVH Corp. has prioritized returning value to its shareholders through significant share buyback programs. In fiscal year 2024, the company repurchased approximately $500 million worth of its common stock. This trend is set to continue with plans for further accelerated share repurchases in 2025.

Icon Strategic Brand Management

The company is concentrating its efforts on its core brands, Calvin Klein and Tommy Hilfiger. This strategic focus includes streamlining operations and divesting non-core assets, such as the Heritage Brands business in 2021. This approach aims to enhance the performance and market position of its key brands.

Icon Executive Leadership Evolution

Recent years have seen important changes in PVH Corp.'s executive leadership. Stefan Larsson assumed the CEO position in February 2021. The company has also made key appointments in regional leadership and creative direction, signaling a commitment to strong management across its global operations.

Icon Ownership Structure Dynamics

As of 2025, institutional investors hold a significant portion of PVH Corp.'s shares, exceeding 100% of outstanding shares due to market practices. Insider ownership stands at 17.85%, with a recent trend of net selling observed among insiders over the past year.

PVH Porter's Five Forces Analysis

  • Covers All 5 Competitive Forces in Detail
  • Structured for Consultants, Students, and Founders
  • 100% Editable in Microsoft Word & Excel
  • Instant Digital Download – Use Immediately
  • Compatible with Mac & PC – Fully Unlocked
Get Related Template

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.