PVH Corp., one of the world's largest apparel companies with over $8 billion in 2014 revenues, owns and markets a diversified portfolio of iconic designer lifestyle apparel brands, led by Calvin Klein and Tommy Hilfiger, which together represent over 75% of our business and are expected to continue to drive future revenue and profitability growth. We are also the world's largest shirt and neckwear company, and through our Heritage Brands division, we design, source and market a varied selection of prominent brand label dress shirts, neckwear, sportswear, footwear, swimwear, intimates and underwear and license our owned heritage brands for an assortment of products.
We believe that our diversified business model and solid execution will allow us to achieve sustainable long-term growth. While we expect that consumer volatility will remain across many key markets, we believe that we can grow our businesses globally, driven by our iconic global designer lifestyle brands, Calvin Klein and Tommy Hilfiger. As we leverage our recent investments, which have focused on our people, products, infrastructure, supply chain and distribution, we believe that our businesses will grow across regions and product lines. Our teams are world class, and the values that our organization embraces – passion, integrity, individuality, partnership and accountability – position us to drive superior results.
We see a sustainable path of long-term growth as we continue to execute on our core business strategies. We believe that we can maximize the potential of our Calvin Klein, Tommy Hilfiger and Heritage Brands businesses as we continue to invest in our global platforms, focus on our talent, pursue strategic global growth opportunities, expand our digital capabilities and enhance our global supply chain to evolve with our growing business needs. Our balance sheet is strong, and we believe that our solid free cash flow generation will enable us to deliver upon these objectives.
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