Page 6 - Basic Resources News Today

PVH raises FY guidance despite weakness in its home US market for Q3 and Calvin Klein revenue declining in North America.

Ahead of COP28, the fashion apparel industry is gearing up and coming together to combat the climate crisis.

Anlaysts see the acquisition of PVH;s three brands to Basic Resources as a positive move for PVH to concentrate on its flagship brands.

TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:30ET Housing Starts, Building Permits; Kansas City Fed Services Activity; 8:45ET Fed’s Collins speaks, Fed’s Barr speaks; 9:30ET Fed’s Daly speaks; 9:45ET Fed’s Goolsbee speaks TODAY’S HIGHLIGHTS: US forces have been attacked at least 57 times in less than a month by Iran-backed

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:30ET Import Price Index, Weekly Jobless Claims, NY Fed Services Business Activity, Philadelphia Fed Business Outlook, Fed’s Mester speaks; 9:15ET Industrial Production, Capacity Utilization, Manufacturing (SIC) Production; 9:25ET Fed’s Williams speaks; 10:00ET NAHB Housing Market Index; 10:30ET Fed’s Waller speaks; 11:00ET Kansas City

TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:30ET US Oct. Retail Sales, PPI, US Nov. Empire Manufacturing; 9:30ET Fed’s Barr speaks; 10:00ET US Sept. Business Inventories; 3:30ET Fed’s Barkin speaks PPI -0.5% MoM, Exp. 0.1%, Last 0.4%; PPI core 0.0%, Exp. 0.3%, Last 0.2%. PPI 1.3% YoY, Exp. 1.9%, Last

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

PVH Corp. to sell Warners, Olga, and True&Co business with Basic Resources in an attempt to build its Calvin Klein and Tommy Hilfiger brands.

Reflects Continued Focus on Global Growth of Calvin Klein and TOMMY HILFIGER Brands Under PVH+ Plan ...