PVH CORP DE

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

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the Securities Exchange Act of 1934

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PVH Corp.

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PVH+ Plan

Build Calvin Klein and TOMMY HILFIGER into the most desirablelifestyle brands in the world and make PVH one of the highestperforming brand groups in our sector.

GROWTH DRIVERS

REGIONAL GROWTH OPPORTUNITIES

ENGAGE, EMPOWER & ENERGIZE OUR TEAMS

Notice of 2025

Annual Meeting of Stockholders

PVH Corp. 2025 Proxy Statement /1

Dear Fellow Stockholders

Stefan Larsson

Stefan Larsson, Chief Executive Officer

May 9, 2025

Dear Fellow Stockholders,

2024 marked another major step forward towards our vision to build Calvin Klein and TOMMY HILFIGER into the most desirable lifestyle brands in the world and make PVH one of the highest performing brand groups in our sector.

We delivered strong performance in 2024, led by our iconic global brands and the disciplined execution of our multi-year, brand-building growth plan, the PVH+ Plan. We expanded our gross margin by 120 basis points to a new record, drove record engagement for both Calvin Klein and TOMMY HILFIGER, and achieved important cost efficiencies throughout the company. We delivered another year of profit growth in North America, drove sequential improvements in our wholesale order books in Europe while improving our quality of sales, and achieved our third consecutive year of growth in Asia Pacific on a constant currency basis. We also completed approximately $500 million in share buybacks for the year, 25% greater than the $400 million we originally projected, reflecting the conviction we have in our long-term value creation potential and our strong balance sheet.

We continue to connect the consumer-facing parts of the PVH+ Plan to our strong, underlying operating engine, and we are making important progress in building our data- and demand-driven supply chain, all while driving efficiencies to invest in growth.

In 2024, for both brands, we fueled cut-through campaigns and global talent partnerships to drive new levels of visibility and engagement, elevate our presence in the marketplace and drive growth in key product categories. We started the year with Calvin Klein’s explosive Spring campaign featuring Jeremy Allen White and continued to build on this momentum throughout the year with mega talent including Kendall Jenner, Idris Elba, Jung Kook, Jennie Kim, and Alexander Skarsgård. We also tapped into the cultural conversation by leaning into the TOMMY HILFIGER classic American cool DNA made current for today, amplified by global talent including Stray Kids, Sofia Richie Grainge, Jisoo, Damson Idris, Patrick Schwarzenegger, Lewis Hamilton, George Russell and more. And we drove conversation around major cultural moments, from New York Fashion Week and the Met Gala to Formula 1™.

Regionally, we are turning Europe back to growth, with improved performance in both direct-to-consumer and wholesale, including growth in our owned and operated stores in the back half of 2024 and growth in our wholesale order books for fall 2025.

2 / PVH Corp. 2025 Proxy Statement

We significantly increased our profitability in North America, including a double-digit EBIT margin rate every quarter for our combined Calvin Klein and Tommy Hilfiger businesses in the region. And we grew Asia Pacific on a constant currency basis, on top of two consecutive years of double-digit constant currency growth.

Key drivers of our PVH+ Plan progress in 2024 include:

• Everything starts with product, and we further improved the relevance and sell-through of our Fall 2024 assortment across both brands. We stood up our global product kitchen for Calvin Klein and created a very strong product assortment for TOMMY HILFIGER, which launches in fall 2025.

• We connected both Calvin Klein and TOMMY HILFIGER to the zeitgeist through our marketing, while continuing to elevate our presence in the marketplace across channels.

• We’re working more closely than ever with our wholesale partners, and in January we brought together more than 300 key partners for one of our largest-ever global partner days to kick off Fall 2025 Market Launch. Their feedback confirmed our belief in the strength of our product, marketing and marketplace execution and we will continue to build on this momentum together.

• We invested in growth initiatives while driving significant cost efficiencies to simplify our organization and shift our culture to become brand builders with a strong consumer focus.

• We put in place our technology roadmap, taking important steps to becoming a data- and demand-driven company.

• We continued to make important progress on our corporate responsibility strategy.

• We further strengthened our management team and have a strong bench of leaders who have the experience and capabilities to bring our vision to life.

Building on the momentum of 2024, and our ongoing disciplined execution of our PVH+ Plan, we are looking forward to building on this strength for 2025 while recognizing the challenging macroeconomic backdrop. We are positioning the Company for long-term, sustainable growth and remain relentlessly focused on fueling our brand-building consumer flywheel to unlock our full potential around the world.

Additionally, we have entered into accelerated share repurchase agreements under which we are repurchasing $500 million of our common stock, reflecting our confidence in PVH’s long-term value creation potential and a unique opportunity to return significant capital to stockholders. Over the course of the last several years we have continuously strengthened our balance sheet, driven by our robust cash flow generation. We have demonstrated a prudent and balanced approach to capital allocation, including first and foremost investing in our growth initiatives — all while reinforcing our strong commitment to our investment grade credit ratings.

We have two of the most globally iconic and beloved brands from the eye of the consumer, and both have the right to play as part of the most desirable brands in the market. Step by step, through the PVH+ Plan, that’s where we are taking them.

Thank you for joining us on this journey.

Sincerely,

Stefan Larsson, Chief Executive Officer

DEAR FELLOW STOCKHOLDERS / PVH Corp. 2025 Proxy Statement /3

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4 / PVH Corp. 2025 Proxy Statement