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Stefan Larsson appointed President of PVH Corp

Stefan Larsson has been appointed to the newly created role of President at PVH Corp. In his new position, Larsson will oversee all of PVH Corp's brand and region leaders and will report to group CEO Emanuel Chirico. Following successful stints at H&M, where he spent close to 15 years, and Gap, where he served as the global president of the group's Old Navy brand for three years, Larsson joined Ralph Lauren in 2015. However, he quit the American brand after only 18 months due to difference of opinion with the company leaders on how to evolve the creative and consumer-facing parts of this business.

PVH's portfolio includes brands such as Speedo, Van Heusen and Izod. The company announced revenues of $9.7 billion in 2018.