Pvh corp. announces measures to streamline its north american operations

Pvh corp. announces measures to streamline its north american operations.pvh corp - company's actions include exiting its 162 outlet store heritage brands retail business.pvh corp - to reduce its office workforce by approximately 450 positions or 12%.pvh corp - north america office workforce reductions are across all three brand businesses and corporate functions.pvh corp - heritage brands retail stores are expected to operate through mid-2021..pvh corp - expects to incur pre-tax charges of about $80 million over next 12 months in connection with co's actions.pvh corp - about $10 million of pre-tax charges expected to be noncash.
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