PVH Corp 2025年度报告

FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ Commission File Number001-07572 PVH CORP. (Exact name of registrant as specified in its charter) Delaware(State or other jurisdiction of incorporation or organization) 10017(Zip Code) 285 Madison Avenue,New York,New York(Address of principal executive offices) Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.YesNo Indicate by check mark whether registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements forthe past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company”in Rule 12b-2 of the Exchange Act. Large Accelerated FilerAccelerated filer☐Non-accelerated filer☐(Do not check if a smaller reporting company)Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal controlover financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issuedits audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received byany of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).Yes☐No The aggregate market value of the registrant’s voting and non-voting common equity held by non-affiliates of the registrant (assuming, for purposes of thiscalculation only, that the registrant’s directors and corporate officers are affiliates of the registrant) based upon the closing sale price of the registrant’s commonstock on August 3, 2025 (the last business day of the registrant’s most recently completed second quarter) was $3,410,569,350. Number of shares of Common Stock outstanding as of March 11, 2026: 45,811,528 SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statementsin this Annual Report on Form 10-K including, without limitation, statements relating to our future revenue, earnings and cash flows, plans,strategies, objectives, expectations and intentions are made pursuant to the safe harbor provisions of the Private Securities Litigation ReformAct of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of whichcannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, (i) our plans, strategies,objectives, expectations and intentions are subject to change at any time at our discretion; (ii) our ability to realize anticipated benefits andsavings from divestitures, restructurings and similar plans, such as the actions taken in recent years to focus on our Calvin Klein and TommyHilfiger businesses and our current multiyear initiative to simplify our operating model and achieve cost savings; (iii) the ability to realize theintended benefits from increasing our direct management and oversight of ourCalvin KleinandTOMMY HILFIGERbrands (such as the in-process plan to directly operate a significant portion of the businesses for the product categories that are or had been licensed to G-III ApparelGroup, Ltd., with the remainder to be re-licensed to other third parties, upon the expirations of the underlying license agreements) and avoidany disruption