PVH posts 2Q loss as revenue drops on Iran conflict pressure
PVH reported a second-quarter loss of $102.9 million, or $2.23 a share, alongside lower revenue. The company linked softer demand in Europe and in the Middle East and Africa to the Iran conflict.
By Kelly CloonanPVH swung to a loss and had lower revenue in the latest quarter, pointing to softer demand in Europe, the Middle East, and Africa due to the conflict in Iran.The owner of Tommy Hilfiger and Calvin Klein on Wednesday reported a second-quarter loss of $102.9 million, or $2.23 a share…