- "Investors should regard it as a clear path to faster profit growth," Jack Hough says of PVH's move to reunite Calvin Klein's product lines with the $2.9B purchase of Warnaco.
- Barron's is bullish on PVH and says the shares could gain as much as 20% next year if the Warnaco purchase is handled as well as the fist Calvin Klein deal (in 2003) and the Tommy Hilfiger buyout (in 2010).
- They have "a knack for making ... purchases pay off for shareholders," Hough says.
- See also: A lot to like with PVH
Barron's bullish on PVH as Calvin Klein product lines reunite
Dec 21 2013, 22:44 ET