Thread regarding Phillips-Van Heusen Corp. layoffs

PVH Shares Fall After Restructuring Plans Reveal Layoffs

PVH’s stock fell on Wall Street Wednesday morning after the retailer revealed a top-line miss the day before. The quarterly report included news that top executive Trish Donnelly, chief executive officer of PVH Americas and Calvin Klein global, will exit the company, along with news of a 10 percent reduction to PVH’s global payroll.

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