The U.S.-based company that owns clothing brands Calvin Klein and Tommy Hilfiger has become the latest Western business to exit the Russian market amid Russia's full-scale invasion of Ukraine. PVH, formerly known as Phillips-Van Heusen Corporation, in mid-August transferred its division in Russia to the local division's CEO, Kommersant reported on September 13. The company in Russia changed its name to Retail Excellence and will operate more than 150 of its local outlets, the Russian daily said. To read the original story by RFE/RL's Russian Service, click here.
