{"schema_version":"secwatch.filing_event.v1","accession":"0000078239-23-000104","form_type":"8-K","ticker":"PVH","cik":"0000078239","company_name":"PVH CORP. /DE/","filed_at":"2023-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.643011+00:00","generated_at":"2026-06-13T10:20:03.220465+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"PVH announces additional $50M severance costs under restructuring plan","bullets":["Severance expense of ~$50M primarily in Q2 2023; cash payments over next 12 months.","Costs excluded from non-GAAP results and not included in prior FY2023 earnings guidance.","Previous $20M severance incurred in 2022 under same plan; annual savings target >$100M.","Additional actions expected in Q3 2023 with severance costs not yet estimable.","Global office headcount reduction target of ~10% by end of 2023 to drive efficiencies."],"urls":{"canonical":"https://secwatch.observer/filing/0000078239-23-000104","json":"https://secwatch.observer/filing/0000078239-23-000104.json","markdown":"https://secwatch.observer/filing/0000078239-23-000104.md","text":"https://secwatch.observer/filing/0000078239-23-000104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/78239/000007823923000104/0000078239-23-000104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/78239/000007823923000104/pvh-20230711.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:20:03.220465+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0cea6507466d70aa7c49d5daef651481a1016272","claim":"PVH CORP. /DE/ announced a restructuring with charges of approximately $50 million affecting global offices.","evidence_excerpt":"The Company announced additional headcount reductions under these plans on July 11, 2023 for which it expects to incur approximately $50 million of severance expense, primarily in the second quarter of 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/78239/000007823923000104/0000078239-23-000104-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $50 million"},{"label":"Affected area","value":"global offices"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}