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U.S. State Department Honors PVH Corp. for Sustainable Operations in Ethiopia

October 9, 2018

NEW YORK--(BUSINESS WIRE)--Oct 9, 2018--PVH Corp. [NYSE:PVH], one of the world’s largest apparel companies and owner of iconic brands, including  CALVIN KLEIN, TOMMY HILFIGER,  Van Heusen,  Speedo, Warner’s  and  IZOD, received the 2018 U.S. Secretary of State’s Award for Corporate Excellence (ACE) at the annual ACE ceremony on October 5.

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Acting Under Secretary for Economic Growth, Energy and the Environment Manisha Singh, Under Secretary David Hale and PVH Chairman & CEO Emanuel Chirico at the 2018 U.S. Secretary of State’s Award for Corporate Excellence. (Photo: Business Wire)

Hosted at the U.S. State Department in Washington, D.C., the ceremony honored two companies for upholding high standards of responsible business conduct. PVH accepted the Sustainable Operations award as lead investor of a best-in-class apparel manufacturing facility in Hawassa, Ethiopia.

PVH Chairman and CEO Emanuel Chirico accepted the award before an audience of approximately 125 business leaders, government officials, including Under Secretary David Hale, and several U.S. ambassadors to African nations.

While introducing PVH, Acting Under Secretary for Economic Growth, Energy and the Environment Manisha Singh noted the company’s commitment to people, the environment and communities.

“PVH’s efforts in Hawassa are a model of bilateral cooperation. They’re providing a better future for workers, a better future for their families, and responsible industrialization,” Ms. Singh said. “We want other companies to look at their model and say, `We should be doing this as well.’”

Mr. Chirico said PVH set out to make a blueprint of a state-of-the-art apparel supply chain facility that made financial sense to complement sustainable operations.

“We brought like-minded partners together to create a model park designed to spur economic growth without polluting or depleting Ethiopia’s natural resources,” said Mr. Chirico. “This honor is a testament to our company’s unwavering commitment to power industry change – the right way.”

Established in 1999, the annual Secretary of State Award for Corporate Excellence recognizes U.S. companies representing American values in their business practices worldwide and contributing to the growth and sustainable development of the local economies in which they work.

Receiving an ACE award along with PVH was beauty company Alaffia, which was honored for its efforts in women’s empowerment.

Read more about ACE here: https://www.state.gov/r/pa/prs/ps/2018/09/285879.htm.

About PVH Corp.

With a history going back over 135 years, PVH has excelled at growing brands and businesses with rich American heritages, becoming one of the largest apparel companies in the world. We have over 36,000 associates operating in over 40 countries and nearly $9 billion in annual revenues. We own the iconic ,,,,,*, , and Geoffrey Beene brands, as well as the digital-centric intimates brand, and market a variety of goods under these and other nationally and internationally known owned and licensed brands.

*The  Speedo  brand is licensed for North America and the Caribbean in perpetuity from Speedo International Limited.

Follow us on Social Media: LinkedIn, Facebook, Instagram, YouTube and Twitter, and visit PVH.com for more information about the Company.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009006139/en/

CONTACT: PVH Corp.

Samantha Critchell

Senior Editorial Director

212-381-3566 (o)

917-587-0568 (m)

pvhcomm@pvh.com

KEYWORD: UNITED STATES NORTH AMERICA ETHIOPIA NEW YORK AFRICA

INDUSTRY KEYWORD: OTHER CONSUMER MANUFACTURING OTHER MANUFACTURING PHILANTHROPY RETAIL FASHION OTHER PHILANTHROPY CONSUMER

SOURCE: PVH Corp.

Copyright Business Wire 2018.

PUB: 10/09/2018 05:08 PM/DISC: 10/09/2018 05:08 PM

http://www.businesswire.com/news/home/20181009006139/en

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