We are a company transformed, focused on global growth while staying true to our core values.
PVH Corp. ("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 revenues of over $5.5 billion by successfully growing brands globally through a strategic combination of wholesale, retail and licensing operations throughout North America, Europe and Asia. Our brands include Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW and Bass. In addition, we license brands for dress shirts and neckwear offered in the U.S. and Canada.
In less than a decade, PVH has experienced a tremendous amount of change that has redefined the identity, culture, performance and potential of the Company - first with the successful acquisition of Calvin Klein in 2003 and then with the addition of Tommy Hilfiger in 2010. Through these transformative acquisitions, we have secured our position as one of the largest global apparel companies, with a diversified portfolio of iconic lifestyle and apparel brands, led by Calvin Klein and Tommy Hilfiger. The Calvin Klein and Tommy Hilfiger brands together represent over 75% of the Company's profits and are expected to drive future revenue and profitability growth.
Today, PVH is a dedicated global corporate citizen and has the benefit of strong operating platforms in North America and Europe with a developing platform in Asia. 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.
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 grow global brands. PVH leverages a diversified portfolio of brands — including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, and GH Bass & Co. — 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.