----

| Date:  June 28, 2016 | By:  /s/ Dana Perlman                                                                             |
|---------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                      | Dana Perlman                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|                      | Member of Plan Committee                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

----

----

----

|                                                          | Page   |
|---------------------------------------------------------------|--------|
| Report of Independent Registered Public Accounting Firm       | 1      |
| Financial Statements                                          |   |
| Statements of Net Assets Available for Benefits               | 3      |
| Statement of Changes in Net Assets Available for Benefits     | 4      |
| Notes to Financial Statements                                 | 5      |
| Supplemental Schedule                                         |   |
| Schedule H, Line 4i--Schedule of Assets (Held at End of Year) | 14     |
|                                                          |   |

----

----

----

|                              |      2015                                                |      2014                                           |
|-----------------------------------|-----------------------------------------------------------------------------------|------------------------------------------------------------------------------|
|                              |                                                                              |                                                                         |
| Assets                            |                                                                              |                                                                         |
|                              |                                                                              |                                                                         |
| Cash                              | $        247                                             | $     4,658                                              |
| Participant-directed investments  | 851,862                                                                      | 840,700                                                                 |
|                              |                                                                              |                                                                         |
|   Receivables:          |                                                                              |                                                                         |
| Notes from participants           | 64,966                                                                       | 66,375                                                                  |
| Contributions, employer           | 1,552                                                                        | -                                                        |
| Contributions, employee           |         3,051                        |         -        |
|                              |                                                                              |                                                                         |
| Total assets                      |   921,678                                                          |   911,733                                                     |
|                              |                                                                              |                                                                         |
| Liabilities                       |                                                                              |                                                                         |
|                              |                                                                              |                                                                         |
| Other payables                    |          -       |            85    |
|                              |                                                                              |                                                                         |
| Total liabilities                 |          -       |            85    |
|                              |                                                                              |                                                                         |
| Net assets available for benefits | $921,678                                                                     | $911,648                                                                |

----

| Additions                                                                                         |                           |
|---------------------------------------------------------------------------------------------------|--------------------------------|
|                                                                                              |                           |
| Investment income:                                                                                |                           |
| Net depreciation of investments                                                                   | $  (73,954)               |
| Interest and dividend income                                                                      |    23,705  |
| Total investment loss                                                                             | (50,249)                       |
|                                                                                              |                           |
| Interest income on notes receivable from participants                                             | 2,852                     |
|                                                                                              |                           |
| Contributions:                                                                                    |                           |
|      Employer, net of forfeitures                                        | 53,081                    |
|      Participants                                                        |   106,331       |
|              Total contributions | 159,412                        |
|                                                                                              |                           |
|     Total additions                                                           | 112,015                   |
|                                                                                              |                           |
| Deductions                                                                                        |                           |
|                                                                                              |                           |
| Payments to participants                                                                          |   101,985       |
|                                                                                              |                           |
| Total deductions                                                                                  |   101,985       |
|                                                                                              |                           |
| Net increase in net assets available for benefits                                                 | 10,030                    |
|                                                                                              |                           |
| Net assets available for benefits at beginning of year                                            |   911,648       |
|                                                                                              |                           |
| Net assets available for benefits at end of year                                                  | $921,678                  |

----

----

----

----

----

----

|                                     |   |                      | Fair Value Measurements at |
|------------------------------------------|--------|---------------------------|----------------------------|
|                                     |   |                      | December 31, 2015          |
| Asset Category                           |   | Total                     |                       | Quoted PricesIn ActiveMarkets forIdentical Assets(Level 1) |   | SignificantObservableInputs(Level 2) |   | SignificantUnobservableInputs(Level 3) |
|                                     |   |                      |                       |   |   |   |   |   |
| Common collective trust funds(1)         |   | $ 279,079                 |                       | $        -       |   | $ 279,079 |   | $           - |
| Mutual funds(2)                          |   | 505,320                   |                       | 505,320 |   | - |   | - |
| PVH Corp. common stock(3)                |   |     67,463 |                       |     67,463 |   |           -     |   |             - |
|                                     |   |                      |                       |   |   |   |   |   |
| Total investments measured at fair value |   | $ 851,862                 |                       | $ 572,783 |   | $ 279,079 |   | $           - |

----

|                                     |   |           | Fair Value Measurements at |
|------------------------------------------|--------|----------------|----------------------------|
|                                     |   |           | December 31, 2014          |
| Asset Category                           |   | Total          |                       | Quoted PricesIn ActiveMarkets forIdentical Assets(Level 1) |   | SignificantObservableInputs(Level 2) |   | SignificantUnobservableInputs(Level 3) |
|                                     |   |           |                       |   |   |   |   |   |
| Common collective trust funds(1)         |   | $245,500       |                       | $         -      |   | $245,500 |   | $           - |
| Mutual funds(2)                          |   | 481,257        |                       | 481,257 |   | - |   | - |
| PVH Corp. common stock(3)                |   |   113,943 |                       |   113,943 |   |           -     |   |              - |
|                                     |   |           |                       |   |   |   |   |   |
| Total investments measured at fair value |   | $840,700       |                       | $595,200 |   | $245,500 |   | $           - |

| (1) | Valued at the net asset value of the fund(s) as determined by a pricing vendor or the fund family.  The Plan has no unfunded commitments related to these common collective trust funds.  These funds invest in (a) guarantee contracts and instruments and (b) securities that make up the S&P 500 Index in the same proportion as the index.  These funds are redeemable on a daily basis without restriction. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Valued at the net asset value of the fund(s), as determined by the closing price in the active market in which the individual fund is traded. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Valued at the closing price of PVH Corp. common stock as determined by the closing price in the active market in which the securities are traded. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

|   |                               | (c)                                                                                                                      |   |                                       |
|--------|------------------------------------|--------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------|
|   | (b)                                | Description of investment                                                                                                |   | (e)                                        |
|   | Identity of issuer, borrower,      | including maturity date, rate of                                                                                         | (d)    | Current                                    |
| (a)    | lessor or similar party            | interest, collateral, par or maturity value                                                                              | Cost   | value                                      |
|   |                               |                                                                                                                     |   |                                       |
|   | American Beacon Funds              | American Beacon Large Cap Value Fund;                                                                                    |   |                                       |
| `      |                               | 2,796.591 shares                                                                                                         | **     | $   64,154                  |
|   | Dimensional Fund Advisors          | DFA U.S. Targeted Value Portfolio Institutional;                                                                         |   |                                       |
|   |                               | 1,005.947 shares                                                                                                         | **     | 19,867                                |
|   | American Funds                     | Europacific Growth Fund R5; 807.906 shares                                                                               | **     | 36,574                                |
|   | Fidelity Funds                     | Fidelity Balanced Fund; 850.240 shares                                                                                   | **     | 18,042                                |
|   | Hartford Funds                     | Hartford HLS Small Cap Fund; 543.657 shares                                                                              | **     | 13,254                                |
|   | Lazard Funds                       | Lazard Funds Emerging Markets; 1,081.146 shares                                                                          | **     | 14,531                                |
|   | Metropolitan West                  | Metropolitan West Total Return Bond Fund;                                                                                |   |                                       |
|   |                               | 9,558.161 shares                                                                                                         | **     | 101,508                               |
|   | T. Rowe Price                      | Blue Chip Growth Fund; 682.831 shares                                                                                    | **     | 49,423                                |
|   | Virtus Mutual Funds                | Virtus Real Estate Securities Fund I; 471.151 shares                                                                     | **     | 16,047                                |
|   | Vanguard                           | Institutional Index Fund; 449.511 shares                                                                                 | **     | 83,888                                |
|   | Vanguard                           | Total Bond Market Index Institutional;                                                                                   |   |                                       |
|   |                               | 5,837.082 shares                                                                                                         | **     | 62,107                                |
|   | Vanguard                           | Total International Stock Index Institutional;                                                                           |   |                                       |
|   |                               | 267.437 shares                                                                                                           | **     | 25,925                                     |
|   | Wells Fargo Funds                  | Wells Fargo Stable Return Fund U;                                                                                        |   |                                       |
|   |                               | 5,665.429 shares                                                                                                         | **     | 279,079                               |
| *      | PVH Corp.                          | PVH Corp. Common Stock; 916.000 shares                                                                                   | **     |      67,463  |
|   |                               |                                                                                                                     |   |                                       |
|   |                               | Total investments, at fair value                                                                                         |   | $ 851,862                             |
|   |                               |                                                                                                                     |   |                                       |
| *      | Notes receivable from participants | Participant notes receivable;  loans maturing at various dates through 2020 and bearing interest at a rate of 4.25% | **     | 64,966                                     |

----

| Exhibit No. |
|-------------|
|        |
| 23.1        | Consent of Independent Auditors |