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PVH, the apparel company owned by Tommy Hilfiger and Calvin Klein, has reported a 34% increase in inventory at the end of Q4. This is compared to the late 2021 period, when it was struggling to get inventory into ports and warehouses amid widespread freight snarls and other supply constraints. However, in Q4, the company experienced much earlier receipts of inventory as these supply chain and logistics disruptions had eased. The company's inventory bounce is positive, with the increased product flowing through its wholesale channel to retailers creating sales opportunities for the retailer.

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