The American company PVH, which owns brands like Calvin Klein and Tommy Hilfiger, has appointed Tom Chu as new the regional president of Asia Pacific region from February 1, 2019.
To replace Frank Cancelloni in PVH, Chu was earlier employed as the president of PVH Japan since he joined the company six years ago. He is responsible for giving Tommy Hilfiger a premium brand status and turning its business to profitability in Japan. His brand, product and consumer focus, strong business acumen and Asia experience will enhance PVH’s long-term growth potential.
PVH has over 38,000 associates in over 40 countries. The company reached a revenue of 9.7 billion dollars in its last fiscal year. It ended the third quarter of its fiscal year 2019 with sales for 209.2 million dollars, declining by 13.9 per cent year-on-year.