|                                                                                                |
|------------------------------------------------------------------------------------------------|
|                                                                                                |  |  |
| (Mark One)                                                                                     |   |   |
| x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
| For the quarterly period ended                                                                 | May 4, 2014 |   |

|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|                                                                                                 |  |  |  |
| o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
| For the transition period from                                                                  |   | to |   |

|                                                        |
|--------------------------------------------------------|
|                                                        |
| PVH CORP.                                              |
| (Exact name of registrant as specified in its charter) |

|                                          |
|------------------------------------------|
|                                          |  |  |
| Delaware                                 |   | 13-1166910 |
| (State or other jurisdiction of          |   | (I.R.S. Employer |
| incorporation or organization)           |   | Identification No.) |
|                                     |   |
| 200 Madison Avenue, New York, New York   |   | 10016 |
| (Address of principal executive offices) |   | (Zip Code) |

|                                                            |
|------------------------------------------------------------|
|                                                            |
| (212) 381-3500                                             |
| (Registrant’s telephone number, including area code) |

----

----

----

|                                                                                                                 |
|-----------------------------------------------------------------------------------------------------------------|
|                                                                                                                 |  |
| Consolidated Income Statements for the Thirteen Weeks Ended May 4, 2014 and May 5, 2013                         | 1 |
|                                                                                                            |   |
| Consolidated Statements of Comprehensive Income (Loss) for the Thirteen Weeks Ended May 4, 2014 and May 5, 2013 | 2 |
|                                                                                                            |   |
| Consolidated Balance Sheets as of May 4, 2014, February 2, 2014 and May 5, 2013                                 | 3 |
|                                                                                                            |   |
| Consolidated Statements of Cash Flows for the Thirteen Weeks Ended May 4, 2014 and May 5, 2013                  | 4 |
|                                                                                                            |   |
| Notes to Consolidated Financial Statements                                                                      | 5 |
|                                                                                                            |   |
| Item 2 - Management’s Discussion and Analysis of Financial Condition and Results of Operations            | 30 |
|                                                                                                            |   |
| Item 3 - Quantitative and Qualitative Disclosures About Market Risk                                             | 41 |
|                                                                                                            |   |
| Item 4 - Controls and Procedures                                                                                | 41 |
|                                                                                                            |   |

|                                                                      |
|----------------------------------------------------------------------|
|                                                                      |  |
| Item 1 - Legal Proceedings                                           | 42 |
|                                                                 |   |
| Item 1A - Risk Factors                                               | 42 |
|                                                                 |   |
| Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds | 42 |
|                                                                 |   |
| Item 6 - Exhibits                                                    | 43 |
|                                                                 |   |
| Signatures                                                           | 46 |

----

|                                                                             |
|-----------------------------------------------------------------------------|
|                                                                             |  |  |  |  |  |  |  |
|                                                                        | Thirteen Weeks Ended |
|                                                                        | May 4, |   | May 5, |
|                                                                        | 2014 |   | 2013 |
| Net sales                                               | $ | 1,871.5 |  |   | $ | 1,823.0 |  |
| Royalty revenue                                         | 69.4 |  |   | 67.1 |  |
| Advertising and other revenue                           | 22.8 |  |   | 20.1 |  |
| Total revenue                                           | 1,963.7 |  |   | 1,910.2 |  |
| Cost of goods sold                                      | 930.5 |  |   | 958.3 |  |
| Gross profit                                            | 1,033.2 |  |   | 951.9 |  |
| Selling, general and administrative expenses            | 859.1 |  |   | 895.4 |  |
| Debt modification and extinguishment costs                                  | 93.1 |  |   | 40.4 |  |
| Equity in income of unconsolidated affiliates, net                          | 3.5 |  |   | 2.3 |  |
| Income before interest and taxes                                            | 84.5 |  |   | 18.4 |  |
| Interest expense                                        | 42.1 |  |   | 47.9 |  |
| Interest income                                         | 1.5 |  |   | 2.0 |  |
| Income (loss) before taxes                                                  | 43.9 |  |   | (27.5 | ) |
| Income tax expense (benefit)                                                | 8.7 |  |   | (17.2 | ) |
| Net income (loss)                                                           | 35.2 |  |   | (10.3 | ) |
| Less: Net (loss) income attributable to redeemable non-controlling interest | (0.1 | ) |   | 0.0 |  |
| Net income (loss) attributable to PVH Corp.                                 | $ | 35.3 |  |   | $ | (10.3 | ) |
| Basic net income (loss) per common share attributable to PVH Corp.          | $ | 0.43 |  |   | $ | (0.13 | ) |
| Diluted net income (loss) per common share attributable to PVH Corp.        | $ | 0.42 |  |   | $ | (0.13 | ) |
| Dividends declared per common share                     | $ | 0.0375 |  |   | $ | 0.0750 |  |

----

|                                                                                                                             |
|-----------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                             |  |  |  |  |  |  |  |
|                                                                                                                        | Thirteen Weeks Ended |
|                                                                                                                        | May 4, |   | May 5, |
|                                                                                                                        | 2014 |   | 2013 |
|                                                                                                                        |   |   |   |
| Net income (loss)                                                                                                           | $ | 35.2 |  |   | $ | (10.3 | ) |
| Other comprehensive income (loss):                                                                                          |   |   |   |
| Foreign currency translation adjustments, net of tax (benefit) of $(3.3); and $(0.4)                                        | 109.5 |  |   | (111.7 | ) |
| Amortization of prior service credit related to pension and postretirement plans, net of tax (benefit) of $(0.1) and $(0.1) | (0.1 | ) |   | (0.1 | ) |
| Net unrealized and realized (loss) gain on effective hedges, net of tax (benefit) of $(0.1) and $(1.2)                      | (7.5 | ) |   | 7.9 |  |
| Comprehensive income (loss)                                                                                                 | 137.1 |  |   | (114.2 | ) |
| Less: Comprehensive income attributable to redeemable non-controlling interest                                              | 0.5 |  |   | 0.1 |  |
| Total comprehensive income (loss) attributable to PVH Corp.                                                                 | $ | 136.6 |  |   | $ | (114.3 | ) |

----

|                                                                                                                          |
|--------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                          |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                     | May 4, |   | February 2, |   | May 5, |
|                                                                                                                     | 2014 |   | 2014 |   | 2013 |
|                                                                                                                     | UNAUDITED |   | AUDITED |   | UNAUDITED |
| ASSETS                                                                                                                   |   |   |   |   |   |
| Current Assets:                                                                                                          |   |   |   |   |   |
| Cash and cash equivalents                                                                            | $ | 513.0 |  |   | $ | 593.2 |  |   | $ | 746.3 |  |
| Trade receivables, net of allowances for doubtful accounts of $20.9, $26.4 and $28.1                                     | 817.4 |  |   | 730.3 |  |   | 765.8 |  |
| Other receivables                                                                                    | 37.8 |  |   | 30.9 |  |   | 53.8 |  |
| Inventories, net                                                                                     | 1,177.8 |  |   | 1,281.0 |  |   | 1,135.8 |  |
| Prepaid expenses                                                                                     | 174.2 |  |   | 151.9 |  |   | 225.0 |  |
| Other, including deferred taxes of $153.2, $155.1 and $99.4                                                              | 207.1 |  |   | 211.3 |  |   | 129.7 |  |
| Total Current Assets                                                                                 | 2,927.3 |  |   | 2,998.6 |  |   | 3,056.4 |  |
| Property, Plant and Equipment, net                                                                                       | 708.5 |  |   | 712.1 |  |   | 680.1 |  |
| Goodwill                                                                                             | 3,577.7 |  |   | 3,506.8 |  |   | 3,426.5 |  |
| Tradenames                                                                                           | 3,038.0 |  |   | 3,010.3 |  |   | 2,973.3 |  |
| Other Intangibles, net                                                                                                   | 1,047.3 |  |   | 1,041.9 |  |   | 1,143.8 |  |
| Other Assets, including deferred taxes of $34.3, $35.2 and $82.4                                                         | 330.2 |  |   | 305.9 |  |   | 312.6 |  |
| Total Assets                                                                                                             | $ | 11,629.0 |  |   | $ | 11,575.6 |  |   | $ | 11,592.7 |  |
|                                                                                                                     |   |   |   |   |   |
| LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST AND STOCKHOLDERS’ EQUITY                                          |   |   |
| Current Liabilities:                                                                                                     |   |   |   |   |   |
| Accounts payable                                                                                     | $ | 428.7 |  |   | $ | 582.9 |  |   | $ | 418.7 |  |
| Accrued expenses, including deferred taxes of $0.1, $1.2 and $17.9                                                       | 771.5 |  |   | 844.2 |  |   | 736.1 |  |
| Deferred revenue                                                                                     | 22.1 |  |   | 33.5 |  |   | 21.7 |  |
| Short-term borrowings                                                                                | 144.8 |  |   | 6.8 |  |   | 14.7 |  |
| Current portion of long-term debt                                                                    | 99.3 |  |   | 85.0 |  |   | 98.8 |  |
| Total Current Liabilities                                                                            | 1,466.4 |  |   | 1,552.4 |  |   | 1,290.0 |  |
| Long-Term Debt                                                                                                           | 3,862.0 |  |   | 3,878.2 |  |   | 4,362.3 |  |
| Other Liabilities, including deferred taxes of $1,009.6, $1,016.6 and $1,068.8                                      | 1,821.1 |  |   | 1,804.2 |  |   | 1,813.7 |  |
| Redeemable Non-Controlling Interest                                                                                      | — |  |   | 5.6 |  |   | 5.7 |  |
| Stockholders’ Equity:                                                                                              |   |   |   |   |   |
| Preferred stock, par value $100 per share; 150,000 total shares authorized                           | — |  |   | — |  |   | — |  |
| Common stock, par value $1 per share; 240,000,000 shares authorized; 82,897,616; 82,679,574 and 81,200,842 shares issued | 82.9 |  |   | 82.7 |  |   | 81.2 |  |
| Additional paid in capital - common stock                                                            | 2,715.1 |  |   | 2,696.6 |  |   | 2,594.5 |  |
| Retained earnings                                                                                    | 1,607.0 |  |   | 1,574.8 |  |   | 1,429.3 |  |
| Accumulated other comprehensive income                                                                                   | 143.6 |  |   | 42.3 |  |   | 35.9 |  |
| Less: 576,377; 512,702 and 172,839 shares of common stock held in treasury, at cost                                      | (69.1 | ) |   | (61.2 | ) |   | (19.9 | ) |
| Total Stockholders’ Equity                                                                     | 4,479.5 |  |   | 4,335.2 |  |   | 4,121.0 |  |
| Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ Equity                                    | $ | 11,629.0 |  |   | $ | 11,575.6 |  |   | $ | 11,592.7 |  |

----

|                                                                                      |
|--------------------------------------------------------------------------------------|
|                                                                                      |  |  |  |  |  |  |  |
|                                                                                 | Thirteen Weeks Ended |
|                                                                                 | May 4, |   | May 5, |
|                                                                                 | 2014 |   | 2013 |
| OPERATING ACTIVITIES                                                                 |   |   |   |
| Net income (loss)                                                                    | $ | 35.2 |  |   | $ | (10.3 | ) |
| Adjustments to reconcile to net cash used by operating activities:                   |   |   |   |
| Depreciation and amortization                                    | 60.7 |  |   | 84.2 |  |
| Equity in income of unconsolidated affiliates, net                                   | (3.5 | ) |   | (2.3 | ) |
| Deferred taxes                                                   | (45.7 | ) |   | (35.2 | ) |
| Stock-based compensation expense                                 | 11.7 |  |   | 18.9 |  |
| Debt modification and extinguishment costs                                           | 93.1 |  |   | 40.4 |  |
| Net gain on deconsolidation of subsidiaries and joint venture                        | (8.0 | ) |   | — |  |
| Changes in operating assets and liabilities:                                         |   |   |   |
| Trade receivables, net                                           | (80.4 | ) |   | (69.4 | ) |
| Inventories, net                                                 | 112.1 |  |   | 145.6 |  |
| Accounts payable, accrued expenses and deferred revenue          | (230.9 | ) |   | (330.9 | ) |
| Prepaid expenses                                                 | (33.1 | ) |   | (20.8 | ) |
| Employer pension contributions                                                       | — |  |   | (30.0 | ) |
| Other, net                                                       | 37.4 |  |   | 74.5 |  |
| Net cash used by operating activities                                                | (51.4 | ) |   | (135.3 | ) |
| INVESTING ACTIVITIES(1)                                                              |   |   |   |
| Business acquisitions, net of cash acquired                                          | (7.4 | ) |   | (1,815.3 | ) |
| Cash received for sale of Chaps sportswear assets                                    | — |  |   | 18.3 |  |
| Purchase of property, plant and equipment                        | (50.7 | ) |   | (45.7 | ) |
| Contingent purchase price payments                                                   | (11.6 | ) |   | (14.2 | ) |
| Change in restricted cash                                                            | 9.7 |  |   | — |  |
| Investments in unconsolidated affiliates                                             | (26.2 | ) |   | — |  |
| Net cash used by investing activities                            | (86.2 | ) |   | (1,856.9 | ) |
| FINANCING ACTIVITIES(1)                                                              |   |   |   |
| Net proceeds from (payments on) short-term borrowings                                | 139.9 |  |   | (23.0 | ) |
| Repayment of 2011 facilities                                                         | — |  |   | (900.0 | ) |
| Redemption of 7 3/8% senior notes, including make whole premium                      | (667.6 | ) |   | — |  |
| Repayment of Warnaco’s previously outstanding debt                             | — |  |   | (197.0 | ) |
| Proceeds from 2014/2013 facilities, net of related fees                              | 586.7 |  |   | 2,993.4 |  |
| Payment of fees associated with issuance of 4 1/2% senior notes                      | — |  |   | (16.3 | ) |
| Net proceeds from settlement of awards under stock plans                             | 3.9 |  |   | 10.1 |  |
| Excess tax benefits from awards under stock plans                | 3.1 |  |   | 14.8 |  |
| Cash dividends                                                   | (3.1 | ) |   | (6.1 | ) |
| Acquisition of treasury shares                                   | (7.9 | ) |   | (20.1 | ) |
| Payments of capital lease obligations                                                | (2.2 | ) |   | (2.4 | ) |
| Net cash provided by financing activities                                            | 52.8 |  |   | 1,853.4 |  |
| Effect of exchange rate changes on cash and cash equivalents     | 4.6 |  |   | (7.1 | ) |
| Decrease in cash and cash equivalents                                                | (80.2 | ) |   | (145.9 | ) |
| Cash and cash equivalents at beginning of period                 | 593.2 |  |   | 892.2 |  |
| Cash and cash equivalents at end of period                       | $ | 513.0 |  |   | $ | 746.3 |  |

----

----

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |
| (In millions, except per share data)                 |   |   |
| Cash                                                 |   | $ | 2,180.0 |  |
| Common stock (7.7 shares, par value $1.00 per share) |   | 926.5 |  |
| Warnaco employee replacement stock awards            |   | 39.8 |  |
| Elimination of pre-acquisition liability to Warnaco  |   | (9.2 | ) |
| Total fair value of the acquisition consideration    |   | $ | 3,137.1 |  |

----

|                                      |
|--------------------------------------|
|                                      |  |  |  |  |
|                                      |   | Pro Forma |
|                                 |   | Thirteen Weeks Ended |
| (In millions)                        |   | 5/5/13 |
| Total revenue                        |   | $ | 1,973.2 |  |
| Net income attributable to PVH Corp. |   | 75.4 |  |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |
| (In millions)                                 |   |   |
| Cash and cash equivalents                     |   | $ | 364.7 |  |
| Trade receivables                             |   | 286.7 |  |
| Other receivables                             |   | 46.9 |  |
| Inventories                                   |   | 442.9 |  |
| Prepaid expenses                              |   | 38.7 |  |
| Other current assets                          |   | 56.0 |  |
| Property, plant and equipment                 |   | 123.3 |  |
| Goodwill                                      |   | 1,513.2 |  |
| Tradenames                                    |   | 604.6 |  |
| Other intangibles                             |   | 1,023.7 |  |
| Other assets                                  |   | 169.3 |  |
| Total assets acquired                         |   | 4,670.0 |  |
| Accounts payable                              |   | 180.1 |  |
| Accrued expenses                              |   | 260.5 |  |
| Short-term borrowings                         |   | 26.9 |  |
| Current portion of long-term debt             |   | 2.0 |  |
| Long-term debt                                |   | 195.0 |  |
| Other liabilities                             |   | 862.8 |  |
| Total liabilities assumed                     |   | 1,527.3 |  |
| Redeemable non-controlling interest           |   | 5.6 |  |
| Total fair value of acquisition consideration |   | $ | 3,137.1 |  |

----

----

----

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                          | Calvin Klein North America |   | Calvin Klein International |   | Tommy Hilfiger North America |   | Tommy Hilfiger International |   | Heritage Brands Wholesale |   | Heritage Brands Retail |   | Total |
| Balance as of February 2, 2014                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Goodwill, gross                    | $ | 683.6 |  |   | $ | 877.8 |  |   | $ | 204.4 |  |   | $ | 1,489.9 |  |   | $ | 239.2 |  |   | $ | 11.9 |  |   | $ | 3,506.8 |  |
| Accumulated impairment losses      | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Goodwill, net                      | 683.6 |  |   | 877.8 |  |   | 204.4 |  |   | 1,489.9 |  |   | 239.2 |  |   | 11.9 |  |   | 3,506.8 |  |
| Contingent purchase price payments to Mr. Calvin Klein | 5.5 |  |   | 5.7 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 11.2 |  |
| Goodwill from acquisition of Russia franchisee         | — |  |   | — |  |   | — |  |   | 3.8 |  |   | — |  |   | — |  |   | 3.8 |  |
| Goodwill from acquisition of Ireland franchisee        | — |  |   | — |  |   | — |  |   | 3.7 |  |   | — |  |   | — |  |   | 3.7 |  |
| Currency translation               | 1.6 |  |   | 12.1 |  |   | — |  |   | 38.3 |  |   | 0.2 |  |   | — |  |   | 52.2 |  |
| Balance as of May 4, 2014                              |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Goodwill, gross                    | 690.7 |  |   | 895.6 |  |   | 204.4 |  |   | 1,535.7 |  |   | 239.4 |  |   | 11.9 |  |   | 3,577.7 |  |
| Accumulated impairment losses      | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
| Goodwill, net                      | $ | 690.7 |  |   | $ | 895.6 |  |   | $ | 204.4 |  |   | $ | 1,535.7 |  |   | $ | 239.4 |  |   | $ | 11.9 |  |   | $ | 3,577.7 |  |

----

|                                                               |
|---------------------------------------------------------------|
|                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                          | Pension Plans |   | SERP Plans |   | Postretirement Plans |
|                                                          | Thirteen Weeks Ended |   | Thirteen Weeks Ended |   | Thirteen Weeks Ended |
| (In millions)                                                 | 5/4/14 |   | 5/5/13 |   | 5/4/14 |   | 5/5/13 |   | 5/4/14 |   | 5/5/13 |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |
| Service cost, including plan expenses     | $ | 5.0 |  |   | $ | 4.6 |  |   | $ | 1.1 |  |   | $ | 1.1 |  |   | $ | — |  |   | $ | 0.0 |  |
| Interest cost                             | 7.1 |  |   | 6.5 |  |   | 0.9 |  |   | 0.8 |  |   | 0.2 |  |   | 0.2 |  |
| Expected return on plan assets            | (10.9 | ) |   | (9.8 | ) |   | — |  |   | — |  |   | — |  |   | — |  |
| Amortization of prior service cost (credit)                   | 0.0 |  |   | 0.0 |  |   | 0.0 |  |   | 0.0 |  |   | (0.2 | ) |   | (0.2 | ) |
| Total                                     | $ | 1.2 |  |   | $ | 1.3 |  |   | $ | 2.0 |  |   | $ | 1.9 |  |   | $ | 0.0 |  |   | $ | 0.0 |  |

----

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |
| (In millions)                                                   | 5/4/14 |   | 5/5/13 |
|                                                            |   |   |   |
| Senior secured term loan A facility due 2019                    | $ | 1,978.7 |  |   | $ | 1,693.1 |  |
| Senior secured term loan B facility due 2020                    | 1,182.9 |  |   | 1,368.4 |  |
| 4 1/2% senior unsecured notes                                   | 700.0 |  |   | 700.0 |  |
| 7 3/8% senior unsecured notes                                   | — |  |   | 600.0 |  |
| 7 3/4% debentures                                               | 99.7 |  |   | 99.6 |  |
| Total                                       | 3,961.3 |  |   | 4,461.1 |  |
| Less: Current portion of long-term debt     | 99.3 |  |   | 98.8 |  |
| Long-term debt                              | $ | 3,862.0 |  |   | $ | 4,362.3 |  |

|                   |
|-------------------|
|                   |  |  |  |
| (In millions)     |   |
| Remainder of 2014 | $ | 74.5 |  |
| 2015              | 99.3 |  |
| 2016              | 136.6 |  |
| 2017              | 186.2 |  |
| 2018              | 198.6 |  |
| 2019              | 1,291.1 |  |

----

----

----

|         |                                                      |
|---------|------------------------------------------------------|
| • | incur or guarantee additional debt or extend credit; |

|         |                                                                                                                                                                   |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | make restricted payments, including paying dividends or making distributions on, or redeeming or repurchasing, the Company’s capital stock or certain debt; |

|         |                                    |
|---------|------------------------------------|
| • | make acquisitions and investments; |

|         |                    |
|---------|--------------------|
| • | dispose of assets; |

|         |                                         |
|---------|-----------------------------------------|
| • | engage in transactions with affiliates; |

|         |                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------|
| • | enter into agreements restricting the Company’s subsidiaries’ ability to pay dividends; |

|         |                                                                                          |
|---------|------------------------------------------------------------------------------------------|
| • | create liens on the Company’s assets or engage in sale/leaseback transactions; and |

|         |                                                                                                                       |
|---------|-----------------------------------------------------------------------------------------------------------------------|
| • | effect a consolidation or merger, or sell, transfer, or lease all or substantially all of the Company’s assets. |

----

|                                                                                                |
|------------------------------------------------------------------------------------------------|
|                                                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                                                                  | Asset Derivatives (Classified in Other Current Assets and Other Assets) | Liability Derivatives (Classified in Accrued Expenses and Other Liabilities) |
|                                                                                           | 5/4/14 |   | 5/5/13 |   | 5/4/14 |   | 5/5/13 |
| Contracts designated as cash flow hedges:                                                      |   |   |   |   |   |   |   |
| Foreign currency forward exchange contracts     (inventory purchases) | $ | 1.6 |  |   | $ | 1.1 |  |   | $ | 14.0 |  |   | $ | 3.2 |  |
| Interest rate contracts                                                                        | 2.6 |  |   | — |  |   | 5.9 |  |   | 4.1 |  |
| Total contracts designated as cash flow hedges                                                 | 4.2 |  |   | 1.1 |  |   | 19.9 |  |   | 7.3 |  |
| Undesignated contracts:                                                                        |   |   |   |   |   |   |   |
| Foreign currency forward exchange contracts     (inventory purchases) | — |  |   | 0.1 |  |   | — |  |   | 0.6 |  |
| Foreign currency forward exchange contracts (intercompany loans)                               | 0.0 |  |   | 0.7 |  |   | 0.3 |  |   | 0.5 |  |
| Total undesignated contracts                                                                   | 0.0 |  |   | 0.8 |  |   | 0.3 |  |   | 1.1 |  |
| Total                                                                                          | $ | 4.2 |  |   | $ | 1.9 |  |   | $ | 20.2 |  |   | $ | 8.4 |  |

----

|                                                                                                |
|------------------------------------------------------------------------------------------------|
|                                                                                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                                                                  |   | (Loss) Gain Recognized in Other Comprehensive (Loss) Income |   | (Loss) Gain Reclassified from AOCI into (Expense) Income         |
|                                                                                           |   |   | Location |  Amount |
|                                                                                           |   |   |   |   |   |   |   |   |   |
| Thirteen Weeks Ended                                                                           |   | 5/4/14 |   | 5/5/13 |   |   | 5/4/14 |   | 5/5/13 |
| Foreign currency forward exchange contracts     (inventory purchases) |   | $ | (12.3 | ) |   | $ | 8.9 |  |   | Cost of goods sold | $ | (3.4 | ) |   | $ | 3.2 |  |
| Interest rate contracts                                                    |   | (0.6 | ) |   | (0.2 | ) |   | Interest expense | (1.9 | ) |   | (1.2 | ) |
| Total                                                                      |   | $ | (12.9 | ) |   | $ | 8.7 |  |   |   | $ | (5.3 | ) |   | $ | 2.0 |  |

|                                                                   |
|-------------------------------------------------------------------|
|                                                                   |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                                     |   | (Loss) Gain Recognized in Income |
| Thirteen Weeks Ended                                              |   | Location |   | 5/4/14 |   | 5/5/13 |
| Foreign currency forward exchange contracts (inventory purchases) |   | Selling, general and administrative expenses |   | $ | — |  |   | $ | (0.3 | ) |
| Foreign currency forward exchange contracts (intercompany loans)  |   | Selling, general and administrative expenses |   | (2.1 | ) |   | 0.2 |  |

----

|                                                                                                                                                            |
|------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                            |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                                                                                                                              | 5/4/14 |   | 2/2/14 |   | 5/5/13 |
|                                                                                                                                                       | Level 1 |   | Level 2 |   | Level 3 |   | Total |   | Level 1 |   | Level 2 |   | Level 3 |   | Total |   | Level 1 |   | Level 2 |   | Level 3 |   | Total |
| Assets:                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Foreign currency forward exchange contracts                                                                                            | N/A |   | $ | 1.6 |  |   | N/A |   | $ | 1.6 |  |   | N/A |   | $ | 5.8 |  |   | N/A |   | $ | 5.8 |  |   | N/A |   | $ | 1.9 |  |   | N/A |   | $ | 1.9 |  |
| Interest rate contracts                                                                                                                                    | N/A |   | 2.6 |  |   | N/A |   | 2.6 |  |   | N/A |   | 2.2 |  |   | N/A |   | 2.2 |  |   | N/A |   | N/A |  |   | N/A |   | N/A |  |
| Total Assets                                                                                                                                               | N/A |   | $ | 4.2 |  |   | N/A |   | $ | 4.2 |  |   | N/A |   | $ | 8.0 |  |   | N/A |   | $ | 8.0 |  |   | N/A |   | $ | 1.9 |  |   | N/A |   | $ | 1.9 |  |
|                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Liabilities:                                                                                                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Foreign currency forward exchange contracts                                                                                            | N/A |   | $ | 14.3 |  |   | N/A |   | $ | 14.3 |  |   | N/A |   | $ | 6.2 |  |   | N/A |   | $ | 6.2 |  |   | N/A |   | $ | 4.3 |  |   | N/A |   | $ | 4.3 |  |
| Interest rate contracts                                                                                                                                    | N/A |   | 5.9 |  |   | N/A |   | 5.9 |  |   | N/A |   | 6.8 |  |   | N/A |   | 6.8 |  |   | N/A |   | 4.1 |  |   | N/A |   | 4.1 |  |
| Contingent purchase price payments related to reacquisition of the perpetual rights to the Tommy Hilfiger trademarks in India     | N/A |   | N/A |   | $ | 5.4 |  |   | 5.4 |  |   | N/A |   | N/A |   | $ | 4.2 |  |   | 4.2 |  |   | N/A |   | N/A |   | $ | 7.2 |  |   | 7.2 |  |
| Total Liabilities                                                                                                                                          | N/A |   | $ | 20.2 |  |   | $ | 5.4 |  |   | $ | 25.6 |  |   | N/A |   | $ | 13.0 |  |   | $ | 4.2 |  |   | $ | 17.2 |  |   | N/A |   | $ | 8.4 |  |   | $ | 7.2 |  |   | $ | 15.6 |  |

|                                  |
|----------------------------------|
|                                  |  |  |  |  |  |  |  |
| (In millions)                    | Thirteen Weeks Ended |
|                             | 5/4/14 |   | 5/5/13 |
| Beginning Balance                | $ | 4.2 |  |   | $ | 7.0 |  |
| Payments                         | — |  |   | — |  |
| Adjustments included in earnings | 1.2 |  |   | 0.2 |  |
| Ending Balance                   | $ | 5.4 |  |   | $ | 7.2 |  |

----

|                                                     |
|-----------------------------------------------------|
|                                                     |  |  |  |
| Unobservable Inputs                                 |   | Amount |
| Approximate compounded annual net sales growth rate |   | 38.0 | % |
| Approximatediscount rate                            |   | 15.0 | % |

|                                                               |
|---------------------------------------------------------------|
|                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                                 | 5/4/14 |   | 2/2/14 |   | 5/5/13 |
|                                                          | Carrying Amount |   | Fair       Value |   | Carrying Amount |   | Fair       Value |   | Carrying Amount |   | Fair       Value |
|                                                          |   |  |   |   |  |   |   |   |   |   |   |  |   |   |  |
| Cash and cash equivalents                                     | $ | 513.0 |  |   | $ | 513.0 |  |   | $ | 593.2 |  |   | $ | 593.2 |  |   | $ | 746.3 |  |   | $ | 746.3 |  |
| Short-term borrowings                                         | 144.8 |  |   | 144.8 |  |   | 6.8 |  |   | 6.8 |  |   | 14.7 |  |   | 14.7 |  |
| Long-term debt (including portion classified as current) | 3,961.3 |  |   | 3,987.3 |  |   | 3,963.2 |  |   | 4,025.3 |  |   | 4,461.1 |  |   | 4,624.8 |  |

----

|                                                                          |
|--------------------------------------------------------------------------|
|                                                                          |  |  |  |  |  |  |  |
|                                                                     | Thirteen Weeks Ended |
|                                                                     | 5/4/14 |   | 5/5/13 |
| Weighted average risk-free interest rate                                 | 2.16 | % |   | 0.95 | % |
| Weighted average expected option term (in years)     | 6.25 |  |   | 6.25 |  |
| Weighted average Company volatility                                      | 44.14 | % |   | 45.13 | % |
| Expected annual dividends per share                  | $ | 0.15 |  |   | $ | 0.15 |  |
| Weighted average grant date fair value per option                        | $ | 56.36 |  |   | $ | 50.44 |  |

----

|                                                   |
|---------------------------------------------------|
|                                                   |  |  |  |
| Weighted average risk-free interest rate          | 0.24 | % |
| Weighted average expected option term (in years)  | 1.70 |  |
| Weighted average Company volatility               | 29.40 | % |
| Expected annual dividends per share               | $ | 0.15 |  |
| Weighted average grant date fair value per option | $ | 40.60 |  |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |
| (In thousands, except per option data) | Options |   | Weighted Average Exercise Price Per Option |
| Outstanding at February 2, 2014        | 1,588 |  |   | $ | 58.47 |  |
|   Granted                    | 134 |  |   | 124.54 |  |
|   Exercised                  | 89 |  |   | 52.38 |  |
|   Cancelled                  | 3 |  |   | 49.85 |  |
| Outstanding at May 4, 2014             | 1,630 |  |   | $ | 64.26 |  |
| Exercisable at May 4, 2014             | 1,067 |  |   | $ | 50.56 |  |

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |
| (In thousands, except per RSU data) | RSUs |   | Weighted Average Grant Date Fair Value Per RSU |
| Non-vested at February 2, 2014      | 702 |  |   | $ | 89.06 |  |
|   Granted                 | 209 |  |   | 125.20 |  |
|   Vested                  | 139 |  |   | 83.85 |  |
|   Cancelled               | 10 |  |   | 98.77 |  |
| Non-vested at May 4, 2014           | 762 |  |   | $ | 99.80 |  |

----

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |
| (In thousands, except per share data) | Restricted Stock |   | Weighted Average Grant Date Fair Value Per Share |
| Non-vested at February 2, 2014        | 46 |  |   | $ | 120.72 |  |
|   Granted                   | — |  |   | — |  |
|   Vested                    | 19 |  |   | 120.72 |  |
|   Cancelled                 | 1 |  |   | 120.72 |  |
| Non-vested at May 4, 2014             | 26 |  |   | $ | 120.72 |  |

|                                       |
|---------------------------------------|
|                                       |  |  |  |  |  |  |
| (In thousands, except per share data) | Performance Shares |   | Weighted Average Grant Date Fair Value Per Share |
| Non-vested at February 2, 2014        | 548 |  |   | $ | 118.60 |  |
|   Granted                   | 83 |  |   | 125.15 |  |
|   Vested                    | — |  |   | — |  |
|   Cancelled                 | 4 |  |   | 123.27 |  |
| Non-vested at May 4, 2014             | 627 |  |   | $ | 119.44 |  |

----

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                                   | Foreign currency translation adjustments |   | Retirement liability adjustment |   | Net unrealized and realized (loss) gain on effective hedges |   | Total |
| Balance, February 2, 2014                                       | $ | 50.1 |  |   | $ | 1.0 |  |   | $ | (8.8 | ) |   | $ | 42.3 |  |
| Other comprehensive income (loss) before reclassifications | 106.9 |  |   | — |  |   | (12.1 | ) |   | 94.8 |  |
| Less: Amounts reclassified from AOCI                            | (2.0 | ) |   | 0.1 |  |   | (4.6 | ) |   | (6.5 | ) |
| Other comprehensive income (loss)                               | 108.9 |  |   | (0.1 | ) |   | (7.5 | ) |   | 101.3 |  |
| Balance at May 4, 2014                                          | $ | 159.0 |  |   | $ | 0.9 |  |   | $ | (16.3 | ) |   | $ | 143.6 |  |

|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |  |  |  |  |  |  |
| (In millions)                                             | Amount Reclassified from AOCI | Affected Line Item in the Consolidated Income Statements |
|                                                      | Thirteen Weeks Ended |   |
|                                                      | 5/4/14 |   | 5/5/13 |   |
| Realized (loss) gain on effective hedges:                 |   |   |   |   |
| Foreign currency forward exchange contracts               | $ | (3.4 | ) |   | $ | 3.2 |  | Cost of goods sold |
| Interest rate contracts                                   | (1.9 | ) |   | (1.2 | ) | Interest expense |
| Less: Tax effect                                          | (0.7 | ) |   | 1.1 |  | Income tax expense |
| Total, net of tax                                         | $ | (4.6 | ) |   | $ | 0.9 |  |   |
|                                                      |   |   |   |   |
| Amortization of retirement liability items:               |   |   |   |   |
| Prior service credit                                      | $ | 0.2 |  |   | $ | 0.2 |  | Selling, general and administrative expenses |
| Less: Tax effect                                          | 0.1 |  |   | 0.1 |  | Income tax expense |
| Total, net of tax                                         | $ | 0.1 |  |   | $ | 0.1 |  |   |
|                                                      |   |   |   |   |
| Foreign currency translation adjustments:                 |   |   |   |   |
| Deconsolidation of foreign subsidiaries and joint venture | $ | (2.0 | ) |   | $ | — |  | Selling, general and administrative expenses |
|   Less: Tax effect                              | — |  |   | — |  | Income tax expense |
| Total, net of tax                                         | $ | (2.0 | ) |   | $ | — |  |   |
|                                                      |   |   |   |   |

----

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                   | Total Expected to be Incurred |   | Incurred During the Thirteen Weeks Ended 5/4/14 |   | Cumulative Incurred To Date |
| Severance, termination benefits and other costs | $ | 170.0 |  |   | $ | 7.4 |  |   | $ | 138.9 |  |
| Inventory liquidation costs                     | 36.1 |  |   | 1.0 |  |   | 36.1 |  |
| Lease/contract termination and related costs    | 70.0 |  |   | 6.4 |  |   | 48.4 |  |
| Total                                           | $ | 276.1 |  |   | $ | 14.8 |  |   | $ | 223.4 |  |

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (In millions)                                        | Liability at 2/4/14 |   | Costs Incurred During the Thirteen Weeks Ended 5/4/14 |   | Costs Paid       During the Thirteen Weeks Ended 5/4/14 |   | Liability at 5/4/14 |
| Severance, termination benefits and other costs | $ | 33.6 |  |   | $ | 7.4 |  |   | $ | 14.4 |  |   | $ | 26.6 |  |
| Lease/contract termination and related costs    | 15.3 |  |   | 6.4 |  |   | 13.5 |  |   | 8.2 |  |
| Total                                                | $ | 48.9 |  |   | $ | 13.8 |  |   | $ | 27.9 |  |   | $ | 34.8 |  |

|                                                                                         |
|-----------------------------------------------------------------------------------------|
|                                                                                         |  |  |  |  |  |  |  |
|                                                                                    | Thirteen Weeks Ended |
| (In millions, except per share data)                                                    | 5/4/14 |   | 5/5/13 |
|                                                                                    |   |   |   |
| Net income (loss) attributable to PVH Corp.                                             | $ | 35.3 |  |   | $ | (10.3 | ) |
|                                                                                    |   |   |   |
| Weighted average common shares outstanding for basic net income (loss) per common share | 82.2 |  |   | 80.0 |  |
| Weighted average impact of dilutive securities                                          | 1.0 |  |   | — |  |
| Total shares for diluted net income (loss) per common share                             | 83.2 |  |   | 80.0 |  |
|                                                                                    |   |   |   |
| Basic net income (loss) per common share attributable to PVH Corp.                      | $ | 0.43 |  |   | $ | (0.13 | ) |
|                                                                                    |   |   |   |
| Diluted net income (loss) per common share attributable to PVH Corp.                    | $ | 0.42 |  |   | $ | (0.13 | ) |

----

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |  |
|                                             | Thirteen Weeks Ended |
| (In millions)                                    | 5/4/14 |   | 5/5/13 |
|                                             |   |   |   |
| Weighted average potentially dilutive securities | 0.3 |   | 3.7 |

----

----

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |
|                                                  | Thirteen Weeks Ended |   |
| (In millions)                                         | 5/4/14 |   | 5/5/13 |   |
| Revenue – Calvin Klein North America            |   |   |   |   |
| Net sales                         | $ | 301.6 |  |   | $ | 293.3 |  |   |
| Royalty revenue                   | 25.5 |  |   | 25.4 |  |   |
| Advertising and other revenue     | 10.5 |  |   | 8.7 |  |   |
| Total                             | 337.6 |  |   | 327.4 |  |   |
|                                                  |   |   |   |   |
| Revenue – Calvin Klein International            |   |   |   |   |
| Net sales                                             | 300.2 |  |   | 255.2 |  | (1)  |
| Royalty revenue                                       | 19.4 |  |   | 18.4 |  |   |
| Advertising and other revenue                         | 8.1 |  |   | 6.9 |  |   |
| Total                                                 | 327.7 |  |   | 280.5 |  |   |
|                                                  |   |   |   |   |
| Revenue – Tommy Hilfiger North America          |   |   |   |   |
| Net sales                         | 354.2 |  |   | 337.7 |  |   |
| Royalty revenue                   | 6.0 |  |   | 6.4 |  |   |
| Advertising and other revenue     | 2.2 |  |   | 2.5 |  |   |
| Total                             | 362.4 |  |   | 346.6 |  |   |
|                                                  |   |   |   |   |
| Revenue – Tommy Hilfiger International          |   |   |   |   |
| Net sales                         | 484.6 |  |   | 451.8 |  |   |
| Royalty revenue                   | 14.0 |  |   | 11.8 |  |   |
| Advertising and other revenue     | 1.4 |  |   | 1.2 |  |   |
| Total                             | 500.0 |  |   | 464.8 |  |   |
|                                                  |   |   |   |   |
| Revenue – Heritage Brands Wholesale             |   |   |   |   |
| Net sales                                             | 354.9 |  |   | 354.5 |  |   |
| Royalty revenue                                       | 3.9 |  |   | 4.0 |  |   |
| Advertising and other revenue                         | 0.5 |  |   | 0.6 |  |   |
| Total                                                 | 359.3 |  |   | 359.1 |  |   |
|                                                  |   |   |   |   |
| Revenue – Heritage Brands Retail                |   |   |   |   |
| Net sales                                             | 76.0 |  | (2)  | 130.5 |  |   |
| Royalty revenue                                       | 0.6 |  |   | 1.1 |  |   |
| Advertising and other revenue                         | 0.1 |  |   | 0.2 |  |   |
| Total                                                 | 76.7 |  |   | 131.8 |  |   |
|                                                  |   |   |   |   |
| Total Revenue                                         |   |   |   |   |
| Net sales                         | 1,871.5 |  |   | 1,823.0 |  |   |
| Royalty revenue                   | 69.4 |  |   | 67.1 |  |   |
| Advertising and other revenue     | 22.8 |  |   | 20.1 |  |   |
| Total                             | $ | 1,963.7 |  |   | $ | 1,910.2 |  |   |

|           |                                                                                                                                                                                                |
|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1)  | Includes $30.0 million of sales returns for certain wholesale customers in the acquired Asia business in connection with the Company’s initiative to reduce excess inventory levels. |

|           |                                                                                                                                                              |
|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2)  | Includes a decrease of $46.5 million as compared to the prior year due to the sale of the the Bass business, which closed in the fourth quarter of 2013. |

----

|                                                                             |
|-----------------------------------------------------------------------------|
|                                                                             |  |  |  |  |  |  |  |  |  |
|                                                                        | Thirteen Weeks Ended |   |
| (In millions)                                                               | 5/4/14 |   |   | 5/5/13 |   |
| Income before interest and taxes – Calvin Klein North America         | $ | 41.1 |  | (2)  |   | $ | 12.4 |  | (6)  |
|                                                                        |   |   |   |   |   |
| Income (loss) before interest and taxes – Calvin Klein International  | 32.8 |  | (2)(3)  |   | (36.5 | ) | (6)  |
|                                                                        |   |   |   |   |   |
| Income before interest and taxes – Tommy Hilfiger North America       | 40.2 |  |   |   | 46.0 |  |   |
|                                                                        |   |   |   |   |   |
| Income before interest and taxes – Tommy Hilfiger International       | 75.0 |  |   |   | 72.1 |  |   |
|                                                                        |   |   |   |   |   |
| Income before interest and taxes – Heritage Brands Wholesale          | 27.0 |  | (2)  |   | 28.4 |  | (6)  |
|                                                                        |   |   |   |   |   |
| Loss before interest and taxes – Heritage Brands Retail               | (3.2 | ) | (4)  |   | (6.8 | ) |   |
|                                                                        |   |   |   |   |   |
| Loss before interest and taxes – Corporate(1)     | (128.4 | ) | (2)(5)  |   | (97.2 | ) | (6)(7)  |
|                                                                        |   |   |   |   |   |
| Income before interest and taxes                                            | $ | 84.5 |  |   |   | $ | 18.4 |  |   |

|           |                                                                                                                                                                                                                                                                                                                                                                    |
|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1)  | Includes corporate expenses not allocated to any reportable segments. Corporate expenses represent overhead operating expenses and include expenses for senior corporate management, corporate finance, information technology related to corporate infrastructure and actuarial gains and losses from the Company’s pension and other postretirement plans. |

|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2)  | Income (loss) before interest and taxes for the thirteen weeks ended May 4, 2014 includes costs of $32.6 million associated with the Company’s integration of Warnaco and the related restructuring. Such costs were included in the Company’s segments as follows: $5.0 million in Calvin Klein North America; $11.2 million in Calvin Klein International; $4.0 million in Heritage Brands Wholesale; and $12.4 million in corporate expenses not allocated to any reportable segments. |

|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|-----------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3)  | Income before interest and taxes for the thirteen weeks ended May 4, 2014 includes a net gain of $8.0 million associated with the deconsolidation of certain Calvin Klein subsidiaries in Australia and the Company’s previously consolidated Calvin Klein joint venture in India. Please refer to Note 4, “Investments in Unconsolidated Affiliates” and Note 5, “Redeemable Non-Controlling Interest” for a further discussion. |

|           |                                                                                                                                                                                                               |
|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4)  | Loss before interest and taxes for the thirteen weeks ended May 4, 2014 includes costs of $1.0 million related to the sale of the Bass business, which closed in the fourth quarter of 2013. |

|           |                                                                                                                                                                                                                                                                                                                                                                                 |
|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (5)  | Loss before interest and taxes for the thirteen weeks ended May 4, 2014 includes costs of $93.1 million associated with the Company’s amendment and restatement of its previously outstanding senior secured credit facilities and redemption of its 7 3/8% senior notes due 2020. Please refer to Note 8, “Debt,” for a further discussion. |

|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (6)  | Income (loss) before interest and taxes for the thirteen weeks ended May 5, 2013 includes costs of $182.5 million associated with the Company’s acquisition and integration of Warnaco and the related restructuring. Such costs were included in the Company’s segments as follows: $41.1 million in Calvin Klein North America; $88.8 million in Calvin Klein International; $17.5 million in Heritage Brands Wholesale; and $35.1 million in corporate expenses not allocated to any reportable segments. |

|           |                                                                                                                                                                                                                                                                          |
|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (7)  | Loss before interest and taxes for the thirteen weeks ended May 5, 2013 includes costs of $40.4 million associated with the Company’s debt modification and extinguishment. Please refer to Note 8, “Debt,” for a further discussion. |

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| We aggregate our reporting segments into three main businesses: (i) Calvin Klein, which consists of the businesses we operate under our Calvin Klein trademarks; (ii) Tommy Hilfiger, which consists of the businesses we operate under our Tommy Hilfiger trademarks; and (iii) Heritage Brands, which consists of the businesses we operate under our Van Heusen, IZOD, ARROW, Warner’s and Olga trademarks, the Speedo trademark we license in perpetuity, and other owned and licensed trademarks. References to the brand names Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warner’s, Olga and Speedo and to other brand names are to registered trademarks owned by us or licensed to us by third parties and are identified by italicizing the brand name.References to the sale of Bass refer to the sale of our G.H. Bass & Co. division and its trademarks, which we refer to collectively as “Bass,” on November 4, 2013, the first day of the fourth quarter of 2013. References to the acquisition of Warnaco refer to our February 13, 2013 acquisition of The Warnaco Group, Inc. and its subsidiaries, which we refer to collectively as “Warnaco.” |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The aggregate addition of $53 million of net sales in our Calvin Klein North America and Calvin Klein International segments. Net sales for the North America business increased 3%, driven by (i) the ten additional days of operations in 2014 of the Calvin Klein businesses that we acquired, as the Warnaco acquisition closed on February 13, 2013; and (ii) modest growth in both the wholesale and retail businesses. Calvin Klein North America retail comparable store sales were flat, as unseasonably cold weather across North America negatively impacted most businesses. The Calvin Klein international business, which is principally comprised of the Asia, Europe and Brazil businesses acquired with Warnaco, posted a combined net sales increase of 18%, of which 5% was due principally to growth in Asia and the extra ten days in the first quarter of 2014 as compared to the prior year, and 13% was due to the absence in 2014 of $30 million of sales returns recorded in 2013 for certain wholesale customers in the acquired Asia business in |

----

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The aggregate addition of $49 million of net sales attributable to growth in our Tommy Hilfiger North America and Tommy Hilfiger International segments. Net sales in the Tommy Hilfiger North America business increased 5%, despite the negative impact of unseasonably cold weather, due principally to low single-digit wholesale growth, 2% retail comparable store sales growth and retail square footage expansion. Net sales in the Tommy Hilfiger International business increased 7% over the prior year, driven by comparable store sales growth of 6% in Europe and square footage expansion in our own retail stores. Also contributing to the revenue growth was the positive impact of foreign currency translation resulting from a stronger Euro in the first quarter of 2014 as compared with the prior year period. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The aggregate reduction of $54 million of net sales in our Heritage Brands Wholesale and Heritage Brands Retail segments. Of the $54 million decrease, approximately $47 million, or 9%, was due to the loss of revenue related to the exited Bass business. Sales for the ongoing Heritage Brands businesses decreased 2%, driven principally by a reduction in our Izod and Van Heusen retail businesses, as relatively flat sales in the wholesale business were more than offset by an 11% decline in retail comparable store sales. All businesses were negatively impacted by the unseasonably cold weather during the first quarter of 2014. |

----

----

----

----

|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |  |  |  |  |  |  |  |  |  |
| (in millions)                                             | May 4, 2014 |   | February 2, 2014 |   | May 5, 2013 |
| Short-term borrowings                 | $ | 145 |  |   | $ | 7 |  |   | $ | 15 |  |
| Current portion of long-term debt     | 99 |  |   | 85 |  |   | 99 |  |
| Capital lease obligations                                 | 25 |  |   | 25 |  |   | 30 |  |
| Long-term debt                        | 3,862 |  |   | 3,878 |  |   | 4,362 |  |
| Stockholders’ equity            | 4,480 |  |   | 4,335 |  |   | 4,121 |  |

----

----

----

|         |                                                      |
|---------|------------------------------------------------------|
| • | incur or guarantee additional debt or extend credit; |

|         |                                                                                                                                                   |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------|
| • | make restricted payments, including paying dividends or making distributions on, or redeeming or repurchasing, our capital stock or certain debt; |

|         |                                    |
|---------|------------------------------------|
| • | make acquisitions and investments; |

|         |                    |
|---------|--------------------|
| • | dispose of assets; |

|         |                                         |
|---------|-----------------------------------------|
| • | engage in transactions with affiliates; |

|         |                                                                                     |
|---------|-------------------------------------------------------------------------------------|
| • | enter into agreements restricting our subsidiaries’ ability to pay dividends; |

|         |                                                                          |
|---------|--------------------------------------------------------------------------|
| • | create liens on our assets or engage in sale/leaseback transactions; and |

|         |                                                                                                       |
|---------|-------------------------------------------------------------------------------------------------------|
| • | effect a consolidation or merger, or sell, transfer, or lease all or substantially all of our assets. |

----

----

----

|                                                                          |
|--------------------------------------------------------------------------|
|                                                                          |  |  |  |  |  |  |  |  |  |  |  |  |
|            Period | (a) Total Number of Shares (or Units) Purchased(1) |   | (b) Average Price Paid per Share (or Unit)(1) |   | (c) Total Number of Shares (or Units) Purchased as Part of  Publicly Announced Plans or Programs |   | (d) Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs |
| February 3, 2014                                                         |   |   |   |   |   |   |   |
| March 2, 2014                                                            | 2,430 |  |   | $ | 119.63 |  |   | — |  |   | — |  |
| March 3, 2014                                                            |   |   |   |   |   |   |   |
| April 6, 2014                                                            | 17,419 |  |   | 126.40 |  |   | — |  |   | — |  |
| April 7, 2014                                                            |   |   |   |   |   |   |   |
| May 4, 2014                                                              | 43,826 |  |   | 123.48 |  |   | — |  |   | — |  |
| Total                                                                    | 63,675 |  |   | $ | 124.13 |  |   | — |  |   | — |  |

----

|                                             |
|---------------------------------------------|
|                                             |  |  |  |
| The following exhibits are included herein: |
|                                        |   |   |
| 3.1                                         |  |   | Certificate of Incorporation (incorporated by reference to Exhibit 5 to the Company’s Annual Report on Form 10-K for the fiscal year ended January 29, 1977); Amendment to Certificate of Incorporation, filed June 27, 1984 (incorporated by reference to Exhibit 3B to the Company’s Annual Report on Form 10-K for the fiscal year ended February 3, 1985); Amendment to Certificate of Incorporation, filed June 2, 1987 (incorporated by reference to Exhibit 3(c) to the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 1988); Amendment to Certificate of Incorporation, filed June 1, 1993 (incorporated by reference to Exhibit 3.5 to the Company’s Annual Report on Form 10-K for the fiscal year ended January 30, 1994); Amendment to Certificate of Incorporation, filed June 20, 1996 (incorporated by reference to Exhibit 3.1 to the Company’s Quarterly Report on Form 10-Q for the period ended July 28, 1996); Certificate of Amendment of Certificate of Incorporation, filed June 29, 2006 (incorporated by reference to Exhibit 3.9 to the Company’s Quarterly Report on Form 10-Q for the period ended May 6, 2007); Certificate of Amendment of Certificate of Incorporation, filed June 23, 2011 (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed on June 29, 2011). |
|                                        |   |   |
| 3.2                                         |  |   | Certificate of Designation of Series A Cumulative Participating Preferred Stock, filed June 10, 1986 (incorporated by reference to Exhibit A of the document filed as Exhibit 3 to the Company’s Quarterly Report on Form 10-Q for the period ended May 4, 1986). |
|                                        |   |   |
| 3.3                                         |  |   | Certificate of Designations, Preferences and Rights of Series B Convertible Preferred Stock of Phillips-Van Heusen Corporation (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed on February 26, 2003); Corrected Certificate of Designations, Preferences and Rights of Series B Convertible Preferred Stock of Phillips-Van Heusen Corporation, dated April 17, 2003 (incorporated by reference to Exhibit 3.9 to the Company’s Annual Report on Form 10-K for the fiscal year ended February 2, 2003). |
|                                        |   |   |
| 3.4                                         |  |   | Certificate Eliminating Reference to Series B Convertible Preferred Stock From Certificate of Incorporation of Phillips-Van Heusen Corporation, filed June 12, 2007 (incorporated by reference to Exhibit 3.10 to the Company’s Quarterly Report on Form 10-Q for the period ended May 6, 2007). |
|                                        |   |   |
| 3.5                                         |  |   | Certificate Eliminating Reference to Series A Cumulative Participating Preferred Stock From Certificate of Incorporation of Phillips-Van Heusen Corporation (incorporated by reference to Exhibit 3.2 to the Company’s Current Report on Form 8-K, filed on September 28, 2007). |
|                                        |   |   |
| 3.6                                         |  |   | Certificate of Designations of Series A Convertible Preferred Stock of Phillips-Van Heusen Corporation (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed May 12, 2010). |
|                                        |   |   |
| 3.7                                         |  |   | Certificate Eliminating Reference to Series A Convertible Preferred Stock From Certificate of Incorporation of PVH Corp. (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed on May 3, 2013). |
|                                        |   |   |
| 3.8                                         |  |   | By-Laws of Phillips-Van Heusen Corporation, as amended through February 2, 2012 (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed on February 3, 2012). |
|                                        |   |   |
| 4.1                                         |  |   | Specimen of Common Stock certificate (incorporated by reference to Exhibit 4.1 to the Company’s Quarterly Report on Form 10-Q for the period ended July 31, 2011). |
|                                        |   |   |

----

|        |
|--------|
|        |  |  |  |
| 4.2    |  |   | Indenture, dated as of November 1, 1993, between Phillips-Van Heusen Corporation and The Bank of New York, as Trustee (incorporated by reference to Exhibit 4.01 to the Company’s Registration Statement on Form S-3 (Reg. No. 33-50751) filed on October 26, 1993); First Supplemental Indenture, dated as of October 17, 2002 to Indenture dated as of November 1, 1993 between Phillips-Van Heusen Corporation and The Bank of New York, as Trustee (incorporated by reference to Exhibit 4.15 to the Company’s Quarterly Report on Form 10-Q for the period ended November 3, 2002); Second Supplemental Indenture, dated as of February 12, 2002 to Indenture, dated as of November 1, 1993, between Phillips-Van Heusen Corporation and The Bank of New York, as Trustee (incorporated by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K, filed on February 26, 2003); Third Supplemental Indenture, dated as of May 6, 2010, between Phillips-Van Heusen Corporation and The Bank of New York Mellon (formerly known as The Bank of New York), as Trustee (incorporated by reference to Exhibit 4.16 to the Company’s Quarterly Report on Form 10-Q for the period ended August 1, 2010); Fourth Supplemental Indenture, dated as of February 13, 2013 to Indenture, dated as of November 1, 1993, between PVH Corp. and The Bank of New York Mellon, as Trustee (incorporated by reference to Exhibit 4.11 to the Company’s Quarterly Report on Form 10-Q for the period ended May 5, 2013). |
|   |   |   |
| 4.3    |  |   | Securities Purchase Agreement, dated as of March 15, 2010, by and among Phillips-Van Heusen Corporation, LNK Partners, L.P. and LNK Partners (Parallel), L.P. (incorporated by reference to Exhibit 4.10 to the Company’s Quarterly Report on Form 10-Q for the period ended May 2, 2010). |
|   |   |   |
| 4.4    |  |   | Securities Purchase Agreement, dated as of March 15, 2010, by and between Phillips-Van Heusen Corporation and MSD Brand Investments, LLC (incorporated by reference to Exhibit 4.11 to the Company’s Quarterly Report on Form 10-Q for the period ended May 2, 2010). |
|   |   |   |
| 4.5    |  |   | Stockholders Agreement, dated as of May 6, 2010, by and among Phillips-Van Heusen Corporation, LNK Partners, L.P. and LNK Partners (Parallel), L.P. (incorporated by reference to Exhibit 4.13 to the Company’s Quarterly Report on Form 10-Q for the period ended August 1, 2010). |
|   |   |   |
| 4.6    |  |   | Stockholder Agreement, dated as of May 6, 2010, by and between Phillips-Van Heusen Corporation and MSD Brand Investments, LLC. (incorporated by reference to Exhibit 4.14 to the Company’s Quarterly Report on Form 10-Q for the period ended August 1, 2010). |
|   |   |   |
| 4.7    |  |   | Indenture, dated as of May 6, 2010, between Phillips-Van Heusen Corporation and U.S. Bank National Association, as Trustee (incorporated by reference to Exhibit 4.15 to the Company’s Quarterly Report on Form 10-Q for the period ended August 1, 2010). |
|   |   |   |
| 4.8    |  |   | First Supplemental Indenture, dated as of November 8, 2012, to Indenture dated as of May 6, 2010, between PVH Corp. (formerly known as “Phillips-Van Heusen Corporation”) and U.S. Bank National Association, as Trustee (incorporated by reference to Exhibit 4.9 to the Company’s Annual Report on Form 10-K for the fiscal year ended February 3, 2013). |
|   |   |   |
| 4.9    |  |   | Indenture, dated as of December 20, 2012, between PVH Corp. and U.S. Bank National Association, as Trustee (incorporated by reference to Exhibit 4.1 to our Current Report on Form 8-K, filed on December 20, 2012). |
|   |   |   |
| +10.1  |  |   | First Amendment to Credit Agreement, dated as of March 21, 2014, entered into by and among PVH Corp., PVH B.V. (formerly known as Tommy Hilfiger B.V.), the Guarantors listed on the signature pages thereto, each Lender party thereto, each Lender Counterparty party thereto, each Issuing Bank party thereto and Barclays Bank PLC, as administrative agent and collateral agent. |
|   |   |   |
| 10.2   |  |   | Amendment to Third Amended and Restated Employment Agreement, dated as of March 24, 2014, between Calvin Klein, Inc. and Paul Thomas Murry (incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K, filed on March 25, 2014 (“Date of Report” of March 24, 2014)). |
|   |   |   |
| +31.1  |  |   | Certification of Emanuel Chirico, Chairman and Chief Executive Officer, pursuant to Section 302 of the Sarbanes – Oxley Act of 2002. |
|   |   |   |
| +31.2  |  |   | Certification of Michael Shaffer, Executive Vice President and Chief Operating & Financial Officer, pursuant to Section 302 of the Sarbanes – Oxley Act of 2002. |

----

|                                           |
|-------------------------------------------|
|                                           |  |  |  |
|                                      |   |   |
|   *,+32.1                       |  |   | Certification of Emanuel Chirico, Chairman and Chief Executive Officer, pursuant to Section 906 of the Sarbanes – Oxley Act of 2002, 18 U.S.C. Section 1350. |
|                                      |   |   |
|   *,+32.2                       |  |   | Certification of Michael Shaffer, Executive Vice President and Chief Operating & Financial Officer, pursuant to Section 906 of the Sarbanes – Oxley Act of 2002, 18 U.S.C. Section 1350. |
|                                      |   |  |
| +101.INS                                  |  |   | XBRL Instance Document |
|                                      |   |   |
| +101.SCH                                  |  |   | XBRL Taxonomy Extension Schema Document |
|                                      |   |   |
| +101.CAL                                  |  |   | XBRL Taxonomy Extension Calculation Linkbase Document |
|                                      |   |   |
| +101.DEF                                  |  |   | XBRL Taxonomy Extension Definition Linkbase Document |
|                                      |   |   |
| +101.LAB                                  |  |   | XBRL Taxonomy Extension Label Linkbase Document |
|                                      |   |   |
| +101.PRE                                  |  |   | XBRL Taxonomy Extension Presentation Linkbase Document |
|                                      |   |   |
|   +Filed or furnished herewith. |

----

|        |
|--------|
|        |  |
|   | PVH CORP. |
|   | Registrant |

|        |
|--------|
|        |  |  |
| Dated: | June 12, 2014 | /s/ Bruce Goldstein |
|   |   | Bruce Goldstein |
|   |   | Senior Vice President and Controller (Chief Accounting Officer) |

----

|         |
|---------|
|         |  |
| 10.1    | First Amendment to Credit Agreement, dated as of March 21, 2014, entered into by and among PVH Corp., PVH B.V. (formerly known as Tommy Hilfiger B.V.), the Guarantors listed on the signature pages thereto, each Lender party thereto, each Lender Counterparty party thereto, each Issuing Bank party thereto and Barclays Bank PLC, as administrative agent and collateral agent. |
|    |   |
| 31.1    | Certification of Emanuel Chirico, Chairman and Chief Executive Officer, pursuant to Section 302 of the Sarbanes – Oxley Act of 2002. |
|    |   |
| 31.2    | Certification of Michael Shaffer, Executive Vice President and Chief Operating & Financial Officer, pursuant to Section 302 of the Sarbanes – Oxley Act of 2002. |
|    |   |
| 32.1    | Certification of Emanuel Chirico, Chairman and Chief Executive Officer, pursuant to Section 906 of the Sarbanes – Oxley Act of 2002, 18 U.S.C. Section 1350. |
|    |   |
| 32.2    | Certification of Michael Shaffer, Executive Vice President and Chief Operating & Financial Officer, pursuant to Section 906 of the Sarbanes – Oxley Act of 2002, 18 U.S.C. Section 1350. |
|    |   |
| 101.INS | XBRL Instance Document |
|    |   |
| 101.SCH | XBRL Taxonomy Extension Schema Document |
|    |   |
| 101.CAL | XBRL Taxonomy Extension Calculation Linkbase Document |
|    |   |
| 101.DEF | XBRL Taxonomy Extension Definition Linkbase Document |
|    |   |
| 101.LAB | XBRL Taxonomy Extension Label Linkbase Document |
|    |   |
| 101.PRE | XBRL Taxonomy Extension Presentation Linkbase Document |
|    |   |