---
schema_version: "secwatch.filing_event.v1"
accession: "0000078239-23-000124"
form_type: "8-K"
ticker: "PVH"
cik: "0000078239"
company_name: "PVH CORP. /DE/"
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:54:16.546368+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PVH sells Warners, Olga and True & Co. to Basic Resources for $160M cash plus earnout

## Summary
- All-cash purchase price of $160M, subject to adjustment, plus earnout up to $10M based on 2024 net sales.
- Transaction expected to close at end of November 2023, subject to standard closing conditions.
- Net proceeds to be used for share repurchases; deal reflects PVH+ Plan focus on Calvin Klein and Tommy Hilfiger.
- Basic Resources is a private family-owned apparel manufacturer, long-time partner of PVH.
- Transaction continues divestiture of non-core brands; Solomon Partners advised PVH.

## SEC filing metadata
- accession: 0000078239-23-000124
- form_type: 8-K
- ticker: PVH
- cik: 0000078239
- company_name: PVH CORP. /DE/
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78239/000007823923000124/0000078239-23-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78239/000007823923000124/pvh-20231110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000078239-23-000124
- JSON: https://secwatch.observer/filing/0000078239-23-000124.json
- Plain text: https://secwatch.observer/filing/0000078239-23-000124.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.