U.S. State Department Honors PVH Corp. for Sustainable Operations in Ethiopia

NEW YORK–(BUSINESS WIRE)–$pvh #SustainabilityPVH
[NYSE:PVH], one of the world’s largest apparel companies and
owner of iconic brands, including CALVIN KLEIN, TOMMY HILFIGERVan
Speedo, Warner’s and IZOD,
received the 2018 U.S. Secretary of State’s Award for Corporate
Excellence (ACE) at the annual ACE ceremony on October 5.

Hosted at the U.S. State Department in Washington, D.C., the ceremony
honored two companies for upholding high standards of responsible
business conduct. PVH accepted the Sustainable Operations award as lead
investor of a best-in-class apparel manufacturing facility in Hawassa,

PVH Chairman and CEO Emanuel Chirico accepted the award before an
audience of approximately 125 business leaders, government officials,
including Under Secretary David Hale, and several U.S. ambassadors to
African nations.

While introducing PVH, Acting Under Secretary for Economic Growth,
Energy and the Environment Manisha Singh noted the company’s commitment
to people, the environment and communities.

“PVH’s efforts in Hawassa are a model of bilateral cooperation. They’re
providing a better future for workers, a better future for their
families, and responsible industrialization,” Ms. Singh said. “We want
other companies to look at their model and say, `We should be doing this
as well.’”

Mr. Chirico said PVH set out to make a blueprint of a state-of-the-art
apparel supply chain facility that made financial sense to complement
sustainable operations.

“We brought like-minded partners together to create a model park
designed to spur economic growth without polluting or depleting
Ethiopia’s natural resources,” said Mr. Chirico. “This honor is a
testament to our company’s unwavering commitment to power industry
change – the right way.”

Established in 1999, the annual Secretary of State Award for Corporate
Excellence recognizes U.S. companies representing American values in
their business practices worldwide and contributing to the growth and
sustainable development of the local economies in which they work.

Receiving an ACE award along with PVH was beauty company Alaffia, which
was honored for its efforts in women’s empowerment.

Read more about ACE here: https://www.state.gov/r/pa/prs/ps/2018/09/285879.htm.

About PVH Corp.

With a history going back over 135 years, PVH has excelled at growing
brands and businesses with rich American heritages, becoming one of the
largest apparel companies in the world. We have over 36,000 associates
operating in over 40 countries and nearly $9 billion in annual
revenues. We own the iconic CALVIN
, Van
and Geoffrey Beene brands, as well as the digital-centric True
& Co.
intimates brand, and market a variety of goods under
these and other nationally and internationally known owned and licensed

*The Speedo brand is licensed for North America and
the Caribbean in perpetuity from Speedo International Limited.

Follow us on Social Media: LinkedIn,
and Twitter,
and visit PVH.com
for more information about the Company.


PVH Corp.
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