Post-Acquisition Integration PVH Corp · $2.9B Acquisition
Calvin Klein

Revitalizing a $225M division
after a $2.9B acquisition.

Recruited post-Warnaco to reverse a sales decline in the U.S. underwear division — rebuilding culture, relaunching product, and opening entirely new retail channels.

Calvin Klein campaign photography
The Results
$16M
Sales Increase
7.1%
3-Year CAGR
+550 bps
Market Share Gained
$40M
EBITDA Achieved
The Situation

Waking a $2.9B sleeping giant.

Post-acquisition, Calvin Klein faced a double hurdle: blending Warnaco’s culture with a legacy brand while reversing years of sales decline in a $225M U.S. underwear and intimates division. The iconic name was intact, but the business was fading.

With $2.9B on the line and department stores oversaturated, the mandate was clear: drive a growth surge across men’s underwear and women’s intimates — while simultaneously aligning sales, design, marketing, finance, and supply chain.

The Approach

Building a multichannel juggernaut.

I fused Warnaco and Calvin Klein cultures with transparency and accountability, then restructured the team to align skills with growth potential. On product, I relaunched men’s basics with bold new packaging and capitalized on the women’s Modern Cotton Collection — the industry’s hottest seller — by air-freighting stock to meet explosive demand.

Then I rewrote the retail playbook, launching Calvin Klein into channels that had never carried the brand. The combination of right product, right packaging, and new distribution channels ignited the revenue surge.

The Results

$3M EBITDA lift. Division to $40M.

$16M sales increase driven by multichannel expansion and e-commerce acceleration
$40M EBITDA achieved — a $3M improvement — through SKU rationalization and premium channel mix
+550 bps market share in U.S. men’s underwear through packaging relaunch and retail placement
175% shift in online penetration in two years — from legacy department store to digital-first multichannel brand
New Channel Development

Brand firsts — three new retail partners in one engagement.

Calvin Klein had never sold in these accounts. Opening each one required a tailored channel strategy, right product assortment, and pricing architecture that worked for both the brand and the retailer.

The e-commerce push ran in parallel — partnering with premium digital partners to capture the shift in consumer buying behavior that was accelerating the brand’s online penetration.

Saks Fifth Avenue
Brand First
Premium tier — anchored women’s Modern Cotton Collection
Urban Outfitters
Brand First
Youth channel — drove #mycalvins campaign alignment
Dick’s Sporting Goods
Brand First
Active channel — men’s basics & performance extension
E-Commerce
+175% Online
Premium digital partner push drove 175% penetration shift
Matthew Congdon
Matthew Congdon
Global Design Director
Calvin Klein
In Their Words
“His leadership of the sales team was absolutely transformative to the brand — from growing existing accounts to creating new channels for both men’s and women’s. A true partner and collaborator — Jeremiah is someone who thinks big, plans strategically, and delivers results.”
More Case Studies

Other engagements.

Work With Jeremiah

Ready to accelerate your portfolio company?

Whether you’re evaluating a consumer products deal or need an operating partner to run the playbook post-close — let’s talk.

Get in Touch Explore DealReveal™