Phillips-Van Heusen Corp. - 1960's-70's dated Clothing Co. Stock Certificate - Still in Business
Inv# GS1210 Stock
Ohio
General Stock printed by Security-Columbian Banknote Company. Three female figures - one standing and one seated at each side. Large & important shirt maker. Rare!!! Available in Olive, Blue or Orange. Please specify color.
PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company that owns renowned brands like Tommy Hilfiger, Calvin Klein, Warner’s, Olga, and True & Co. Additionally, the company licenses popular brands such as Kenneth Cole New York and Michael Kors. Part of its name is dedicated to Dutch immigrant John Manning Van Heusen, who revolutionized the textile industry in 1910 by inventing a novel process that fused cloth on a curved surface. Headquartered in Manhattan, New York, PVH has policy-making offices in Bridgewater, New Jersey, and operates manufacturing plants across the United States, including Reading, Pennsylvania; Jonesville, North Carolina; and McDonough, Georgia. In September 2020, Stefan Larsson was appointed as the new CEO, effective February 1, 2021, succeeding Emanuel Chirico, who continues to serve as the chairman.
As of April 2023, PVH boasts a global workforce of over 120,000 employees and has a strong presence in various countries, including India, Sri Lanka, Bangladesh, China, Hong Kong, the Philippines, Indonesia, Mongolia, Thailand, Malaysia, Taiwan, Singapore, Vietnam, and Honduras. The history of Phillips-Van Heusen (PVH) can be traced back to Dramin Jones, a Prussian immigrant who founded the shirt manufacturing company D. Jones & Sons around 1865. Simultaneously, in 1881, Moses Phillips and his wife Endel began hand-sewing shirts and selling them from pushcarts to local anthracite coal miners in Pottsville, Pennsylvania. This venture eventually evolved into a shirt business in New York City, which made history by placing one of the first shirt advertisements in the Saturday Evening Post. In 1907, D. Jones & Sons merged with M. Phillips & Sons, forming the company Phillips-Jones after Dramin Jones’s passing in 1903. Later, Isaac Phillips encountered John Van Heusen, leading to the creation of their most popular shirt line, Van Heusen. This collaboration also resulted in the acquisition of Van Heusen by Phillips-Jones, which was subsequently renamed to Phillips-Van Heusen in 1957. In 2011, the company underwent another rebranding, becoming known as PVH.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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