PVH’s semi-annual financial report for 2024 shows significant growth in revenue and profit compared to the previous year. The company achieved revenue of $1 billion, a 10% increase from 2023. Net profit reached $150 million, reflecting a 12% growth year-over-year. Key growth drivers include strong demand from the Asian market and effective marketing campaigns. The company is also investing in new technology to improve production processes and customer experience. PVH expects to maintain growth momentum in the second half of the year, with plans for expansion into potential markets. However, the company remains cautious about challenges posed by economic volatility and global political situations. The revenue forecast for 2024 has been adjusted to $2 billion.
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