We are a company transformed, focused on global growth and brand building, while staying true to our core values.
Over the last decade, PVH Corp. ("PVH") has made several acquisitions that have redefined the identity, performance and long-term growth potential of the Company – first with the acquisition of Calvin Klein in 2003, then with the addition of Tommy Hilfiger in 2010, and most recently with our February 2013 acquisition of The Warnaco Group, Inc. ("Warnaco"). Through these transformative acquisitions, we have secured our position as one of the largest branded lifestyle apparel companies in the world, with a diversified portfolio of iconic designer lifestyle apparel brands, led by Calvin Klein and Tommy Hilfiger. The Calvin Klein and Tommy Hilfiger brands together represent close to 85%†† of our operating profits and are expected to continue to drive future revenue and profitability growth.
PVH has grown exponentially from its 1881 roots of selling and mending shirts for miners in Pottsville, PA and its 1920's introduction of the Van Heusen "soft-folding" collar to become a global company with over $8.0 billion in estimated 2013 revenues through a combination of strategic acquisitions and by successfully growing our brands globally across the wholesale, retail, e-commerce and licensing channels throughout North America, Europe, Asia and Latin America. Our brands include Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Speedo†, Warner's and Olga. In addition, we license brands for dress shirts and neckwear offered in the United States and Canada.
Today, PVH is a dedicated global corporate citizen and has the benefit of strong established operating platforms in North America and Europe and a growing presence in Asia and Latin America. We leverage each region's infrastructure to grow our brands in established markets, expand in underdeveloped markets, as well as penetrate new markets. With our global resources, we are focused on maximizing each of our brand's market potential and turning that potential into positive financial returns for our stockholders. Complementing this is our unwavering commitment to corporate social responsibility, which we believe will be a key competitive advantage as we strive to deliver future growth and stockholder value.
PVH's strategy is to take our powerful global iconic lifestyle brands and maximize their brand potential and consumer reach while staying true to their unique brand DNA and core values. Central to our identity is a genuine commitment to corporate responsibility, a fundamental component of how we run our business that is directly linked to our strategies and practices.
We leverage our best-in-class global infrastructure, sourcing network, brand focused management and marketing teams to support each of our three business groups — Calvin Klein, Tommy Hilfiger and Heritage Brands — through a strategic combination of wholesale, retail and licensing operations.
We are a company transformed, focused on global growth. By leveraging our best-in-class platforms, which encompass wholesale, retail and licensing operations, we seek to further penetrate our iconic lifestyle brands across new categories, existing markets and new markets. We believe that we have multiple growth opportunities driving worldwide retail sales of our Calvin Klein, Tommy Hilfiger and Heritage Brands businesses.
We grow global brands. PVH leverages a diversified portfolio of brands — including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Speedo, Warner's and Olga — and markets them globally. Our operational expertise, dedicated team of associates and leaders, and commitment to each brand's core values, allow us to gain market share as we pursue new markets and product categories globally.