Gazal

Gazal Corporation Limited was one of the largest publicly listed branded apparel companies in Australia, with over 50 years of success. Based in Sydney and listed on the Australian Securities Exchange [ASX: GZL], Gazal was a leading apparel supplier and retailer in Australasia, developing and marketing both company-owned and licensed brands such as Calvin Klein, Van Heusen, Pierre Cardin, Bracks, Nancy Ganz and Body Nancy Ganz. Gazal’s extensive multi-channel distribution network ensured it successfully grew its brands across wholesale, company-operated retail and e-commerce channels. In February 2014, Gazal entered into a 50/50 joint venture with PVH Corp to create PVH Brands Australia Pty Ltd. The joint venture followed a long and successful relationship between Gazal, and PVH – one of the world’s largest apparel companies and owner of the iconic Calvin Klein and Tommy Hilfiger brands worldwide. The partnership leveraged PVH Corp.’s global strength in the apparel industry, and Gazal’s expertise in the Australasian market. PVH Brands Australia’s stable of brands included Calvin Klein, Tommy Hilfiger, Van Heusen, Pierre Cardin, Nancy Ganz, Body Nancy Ganz and Bracks. On May 31, 2019- PVH Corp. [NYSE:PVH] announced it completed the acquisition of the approximately 78% of the outstanding shares of Gazal Corporation Limited (“Gazal”), PVH’s long-term partner in Australia, not previously owned. https://www.pvh.com/news/press-releases/PVH-Corp-Completes-Acquisition-of-Gazal-Corporation-Limited