Calvin Klein, the flagship brand of PVH Corp., opened a 3,000‑square‑foot global flagship store at 530 Broadway in SoHo on December 9, 2025. The new location is the brand’s first New York City flagship since its 1968 founding and follows recent openings in Paris (June 2024) and Tokyo (August 29, 2025).
The SoHo store embraces the city’s loft aesthetic with exposed brick, industrial lighting, and large digital displays that showcase denim, underwear, and apparel. A limited‑edition capsule of tees, sweatshirts, hats and totes launched on opening day, while the full Calvin Klein Collection is slated to debut in spring 2026.
PVH Corp. reported Q3 2025 results on December 3, 2025, posting revenue of $2.294 billion—$14 million above the $2.280 billion consensus—and a non‑GAAP earnings per share of $2.83, beating the $2.54 estimate by $0.29. The company’s gross margin contracted to 56.3% from 58.4% year‑over‑year, largely due to higher U.S. tariffs, freight costs and incremental discounts to address product delivery delays. While revenue rose 2% year‑over‑year, the GAAP EPS of $0.09 reflected a $479.5 million non‑cash impairment, including goodwill write‑downs, that offset the earnings beat.
Investors reacted cautiously to the earnings, with the market’s negative sentiment driven by the sizable impairments, tariff‑related margin pressure and the company’s acknowledgment of operational challenges. Management noted that the earnings beat was supported by disciplined cost control and a favorable mix of Calvin Klein and Tommy Hilfiger sales—Calvin Klein revenue grew 2% (flat in constant currency) and Tommy Hilfiger revenue rose 1% (down 2% in constant currency).
The SoHo flagship is a strategic move to reinforce Calvin Klein’s direct‑to‑consumer presence in a key fashion market. CEO Stefan Larsson said the store “reinforces New York as the DNA of the brand and is a key milestone as we build Calvin Klein into a lifestyle brand.” Global Brand President David Savman added that the store “is a tribute to Calvin Klein’s New York heritage and an elevated retail expression that will deepen customer engagement.”
The opening signals PVH’s confidence in the brand’s long‑term growth, even as the company navigates tariff headwinds and product transition delays. By investing in high‑profile retail experiences, PVH aims to offset margin compression and sustain momentum in its flagship portfolio.
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