Our centralized capabilities for worldwide procurement and sourcing enable us to deliver to our customers competitive, high quality and low cost goods on a timely basis. We have an extensive established network of worldwide sourcing partners that enables us to meet our customers' needs in an efficient manner and not rely on any one vendor or factory or on vendors or factories in any one country. We also operate a network of wholesale and retail distribution centers that we believe has sufficient capacity to accommodate planned growth, as well as additional brands we may license or acquire.
We are continuing to develop strategies and make investments in people and locations that enhance our ability to provide our customers with timely product availability and delivery. Our investments are focused on allowing us to reduce the cycle time between the design of products and the delivery of those products to our customers, while increasing service levels, reducing inventory exposure and improving quality and consumer value. We believe the enhancement of our supply chain efficiencies and working capital management through the effective use of our distribution network and overall infrastructure will allow us to better control costs and provide improved service to our customers. The integration of Warnaco’s sourcing network has been a key element to our strategy to realize synergies and gain efficiencies. As our supply chain shifts from a single destination focus to a global distribution network, we continue to assess our manufacturing footprint to ensure we have the best infrastructure to meet the future needs of our global wholesale and retail businesses.
We are committed to the health, safety and well-being of the workers throughout our supply chain and to the integrity of our products. We actively work to educate our associates and partners and improve factory conditions, as well as continue to invest in the communities where we do business.
Corporate Social Responsibility
At PVH, corporate social responsibility (CSR) underpins how we operate and engage with all of our stakeholders – from business partners to factory workers and consumers. Our steadfast belief in doing the right thing has has not been dampened, even as we have experienced rapid growth over the last decade. As an industry leader, we recognize the great responsibility and opportunity to make positive impacts – from source to store – by striving to ensure safe work environments, preserving the environment, empowering people and supporting communities in which we work and live.
Recently, we built upon our 20-plus year commitment to human rights through measures including:
- enhancing our CSR monitoring program to better address factory fire and structural safety, starting in Bangladesh;
- beginning to formalize our remediation and capacity building efforts, with a focus on developing long-term solutions to endemic issues;
- rolling out our Chemicals Commitment and Action Plan, which marked another advancement to create a more robust environmental sustainability program; and
- establishing a Global Community Relations department to streamline and leverage global strategic programming and philanthropic partnerships through The PVH Foundation, our charitable foundation.
Our efforts are being recognized, and for the past six years we have been included on Corporate Responsibility Magazine’s “100 Best Corporate Citizens” list.
We believe that our dedication to CSR across our company is and will continue to be a key competitive advantage as we strive to deliver future growth and stockholder value.
For more details on CSR at PVH, click here
To view our latest CSR report, click here: PVHCSR.com
Corporate Social Responsibility
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.