DOCSLIB.ORG

37 / Annual Report 2019 – Section Annual Report 2019 Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
37 / Annual Report 2019 – Section Annual Report 2019 Contents 37 / ANNUAL REPORT 2019 – SECTION ANNUAL REPORT 2019 CONTENTS 1 ..... PRIORITIES 3 ..... LETTER TO STOCKHOLDERS 6 ..... YEAR IN REVIEW 12 ...... TOMMY HILFIGER 16 ...... CALVIN KLEIN 20 ...... HERITAGE BRANDS 24 ...... CORPORATE RESPONSIBILITY 28 ...... DIRECTORS, OFFICERS, EXECUTIVES & BRAND MANAGEMENT 29 ...... OTHER INFORMATION 30 ...... GAAP TO NON-GAAP RECONCILIATIONS 33 ...... ANNUAL REPORT ON FORM 10-K ABOUT PVH PVH is one of the most admired fashion and lifestyle companies in the world. We power brands that drive FASHION FORWARD – for good. We manage a diversified brand portfolio, including the CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, IZOD, ARROW, Warner’s, Olga and Geoffrey Beene brands, as well as the digital-centric True&Co. intimates brand. We market a variety of goods under these and other nationally and internationally known owned and licensed brands. PVH has over 40,000 associates operating in more than 40 countries and generated $9.9 billion in revenues in 2019. That’s the Power of Us. That’s the POWER OF PVH. VISION To be the most PURPOSE admired fashion and We power brands lifestyle company in that drive fashion the world. forward – for good. PRIORITIES 1. DRIVE 4. DEVELOP consumer engagement through innovative a talented and skilled workforce that designs and personalized brand and embodies our values and an entrepreneurial shopping experiences that capture the spirit, while empowering our associates to heart of the consumer. design their future. 2. EXPAND 5. DELIVER our worldwide reach through organic sustainable, profitable growth and generate growth and acquisitions. free cash flow to create long-term stockholder value. 3. INVEST in and evolve how we operate by leveraging technology and data to be dynamic, nimble and forward-thinking. VALUES Individuality Partnership Passion Integrity Accountability Be you Work together Inspire and innovate Do the right thing Own it STRATEGIC PRIORITIES – ANNUAL REPORT 2019 / 1 2 / ANNUAL REPORT 2019 – LETTER TO STOCKHOLDERS LETTER TO STOCKHOLDERS Emanuel Chirico Chairman and Chief Executive Officer 2019 demonstrated the Power of while allowing us to make faster and of only 28 companies to reach this PVH. Inspired by our vision and more informed decisions to drive milestone. Our success since our our purpose, we expanded our long-term opportunities. founding almost 140 years ago speaks international businesses, both The year also presented us with to our resilience and ability to drive organically and through the strategic several headwinds – from a softening transformation while successfully acquisitions of licensed businesses, consumer environment to geopolitical managing our brands. further strengthened our senior challenges to some self inflicted These characteristics will be critical leadership team and deepened issues and ending with the onset of for PVH as we navigate 2020. As our commitments to effect positive the COVID-19 outbreak. We took we begin the year, the COVID-19 change in our industry and the decisive actions by evolving CALVIN outbreak has become a pandemic, world at large. KLEIN product assortments and in impacting every major market in We power brands that drive fashion addressing excess inventory levels which we operate, with temporary forward – for good. In 2019, we built at Tommy Hilfiger North America store closings by us and our retail upon our long-standing commitment stemming from lower levels of partners across all regions. Our to corporate responsibility (“CR”) by international tourists travelling to the people are demonstrating their launching Forward Fashion, our vision U.S., as well as weathered challenges passion and dedication to PVH as for the future that provides a new in the moderate segment of the I write this, as most of our associates level of ambition and transparency market where our Heritage Brands around the world are working across our CR platform and reinforces business operates. While these issues remotely to continue to operate our long-standing commitment to negatively impacted our financial our business through this difficult sustainable business. performance for the year, we believe time. While the pandemic is highly that our actions will position us dynamic and continues to unfold, We invested in the consumer data to deliver sustainable, profitable my confidence in PVH and its ability journey, digitization, our supply future growth. to navigate this crisis is unwavering. chain and our talent, with an I believe that our core strengths – emphasis on inclusion and diversity. PVH has a long legacy of delivering our talent, our brands, our strong Our dedication to providing the financial excellence and, in March fundamentals and balance sheet – will most desirable products and a 2020, we celebrated our 100-year continue to support us through the personalized consumer experience anniversary listed on the New York uncertain time, and ultimately lead helped us deepen our connection Stock Exchange. This is truly an us back to a healthy path of long-term with consumers. These important incredible achievement, as we are growth once the pandemic subsides. investments continue to support the the first apparel company and one transformation of our operations, LETTER TO STOCKHOLDERS – ANNUAL REPORT 2019 / 3 By the Numbers REVENUES ($ in millions) $9,909 $9,657 $8,915 GAAP EARNINGS • Hiring Stefan Larsson into the newly created role of President, PVH Corp., PER SHARE where he is overseeing PVH’s $5.60 branded businesses and regions, with the Calvin Klein business 2019 FINANCIAL $9.65 turnaround as his top focus area. PERFORMANCE $6.84 • Appointing Cheryl Abel-Hodges The power of our diversified as CEO of Calvin Klein, with an business model helped us navigate NON-GAAP EARNINGS immediate focus on overseeing the PER SHARE1 the challenges and mitigate some product turnaround and driving of the pressure on our financial brand expansion, particularly $9.54 performance. We executed against in Europe and Asia. our strategic priorities and • Appointing Tom Chu as President, $9.60 continued to invest in and evolve PVH Asia Pacific, our brands to capture the heart where he is $7.94 of today’s consumer. overseeing the expansion of CALVIN KLEIN and TOMMY 2019 2018 2017 We grew revenues by 3% to $9.9 HILFIGER across the region, billion and delivered GAAP earnings 1 Figures exclude certain amounts that were deemed which is our largest long-term non-recurring or non-operational. Refer to GAAP per share of $5.60 compared to market opportunity. to Non-GAAP Reconciliations on pages 30 and 31. $9.65 in 2018. On a non-GAAP basis, • Continuing the optimization of our we posted earnings per share of Heritage Brands portfolio, including 2019 REVENUES $9.54* (which included a negative by streamlining operations, selling impact of $0.35 per share related our Speedo North America business to foreign currency exchange rates) 48% (which closed in April 2020), and Tommy Hilfiger as compared to $9.60* in 2018. While exiting businesses, such as DKNY by business 37% these results were below our initial Calvin Klein men’s apparel, that did not meet % 15% expectations, performance in our Heritage Brands Europe business was a highlight, our profitability requirements. as we continued to experience • Addressing challenges in the Tommy outstanding results in our Tommy Hilfiger North America business by 43% U.S. Hilfiger business and we re-ignited proactively taking markdowns to 37% the CALVIN KLEIN brand’s right-size inventory levels, including by region1 Europe 14% momentum. in response to lower levels of % Asia Pacific international tourism into the U.S. 6% Operating a business in these Americas (excluding U.S.) uncertain times required us to • Evolving to the new era of retail by embrace change while preserving our growing our digital commerce 1 Europe includes the Middle East and Africa; unique culture, and we took actions penetration, expanding our Asia Pacific includes Australia and New Zealand; to best position PVH for long-term omni-channel capabilities and Americas (excluding U.S.) includes Canada, Mexico, South America, Central America and the Caribbean. success. These included: reducing our retail store footprint. * Figures exclude certain amounts that were deemed non-recurring or non-operational. Refer to GAAP 4 / ANNUAL REPORT 2019 – LETTER TO STOCKHOLDERS to Non-GAAP Reconciliations on pages 30 and 31. CAPTURING Highlights from 2019 include: important markets over the long- term by leveraging the power of INTERNATIONAL • Capitalizing on the European our regional operations. EXPANSION opportunity: Europe outperformed OPPORTUNITIES as our highest-growth region, • Navigating the brand opportunities in and our strong regional presence Asia: While Asia experienced mixed Powered by our brands’ strength, is a key competitive advantage. trends during 2019, we continued relevance and recognition, we Performance for TOMMY to position our businesses for a continued to pursue our global HILFIGER continued to be long-term trajectory of sustainable expansion efforts. We capitalized exceptional. While the brand is top and bottom-line growth. on organic growth opportunities well-penetrated, with nearly $2.5 Our strong brand positioning and internationally and acquired billion in revenues in Europe, it talented teams drove the businesses two regional licensed businesses, continues to gain market share and forward, despite the weakening resulting in 9% revenue growth exhibit momentum across all major consumer environment in China, outside the U.S. countries, channels
Load more

Recommended publications
  • The Fashion Runway Through a Critical Race Theory Lens
    THE FASHION RUNWAY THROUGH A CRITICAL RACE THEORY LENS A thesis submitted to the College of the Arts of Kent State University in partial fulfillment of the requirements for the degree of Master of Arts by Sophia Adodo March, 2016 Thesis written by Sophia Adodo B.A., Texas Woman’s University, 2011 M.A., Kent State University, 2016 Approved by ___________________________________________________________ Dr. Tameka Ellington, Thesis Supervisor ___________________________________________________________ Dr. Kim Hahn, Thesis Supervisor ___________________________________________________________ Dr. Amoaba Gooden, Committee Member ___________________________________________________________ Dr. Catherine Amoroso Leslie, Graduate Studies Coordinator, The Fashion School ___________________________________________________________ Dr. Linda Hoeptner Poling, Graduate Studies Coordinator, The School of Art ___________________________________________________________ Mr. J.R. Campbell, Director, The Fashion School ___________________________________________________________ Dr. Christine Havice, Director, The School of Art ___________________________________________________________ Dr. John Crawford-Spinelli, Dean, College of the Arts TABLE OF CONTENTS Page LIST OF FIGURES ....................................................................................................................... iv ACKNOWLEDGEMENTS ........................................................................................................... iii CHAPTER I. INTRODUCTION ..................................................................................................................
    [Show full text]
  • Master Thesis Sentiment-Based Spatial
    Master thesis Sentiment-based spatial- temporal event detection in social media data Lin Che 2019 Sentiment-based spatial-temporal event detection in social media data submitted for the academic degree of Master of Science (M.Sc.) conducted at the Department of Civil, Geo and Environmental Engineering Technical University of Munich Author: Lin, Che Study course: Cartography M.Sc. Supervisor: Juliane Cron, Ruoxin Zhu Reviewer: Dr.-Ing. Eva Hauthal Chair of the Thesis Assessment Board: Prof. Dr. Liqiu Meng Date of submission: 11.09.2019 i Statement of Authorship Herewith I declare that I am the sole author of the submitted Master’s thesis entitled: “Sentiment-based spatial‐temporal event detection in social media data” I have fully referenced the ideas and work of others, whether published or unpublished. Literal or analogous citations are clearly marked as such. Munich, 11.09.2019 Lin, Che i Acknowledgements Throughout the writing of this thesis, I have received a great deal of support and assistance. I would first like to express my sincere gratitude to my supervisor, Juliane Cron, for her patience, motivation, enthusiasm and guidance, for her insightful comments, continuous assistance during the whole research and thesis writing process. Without her endless spiritual and practical support, this thesis would not have been possible. I owe my deepest gratitude to my supervisor, Ruoxin Zhu, who helped me choose the topic, gave me technical guidance and valuable feedback. I would like to offer my special thanks to Chenyu Zuo, who gave me advice and guidance on the visualization part of this thesis and gave me unconditional help in life and career all the time.
    [Show full text]
  • Logo & Graphic Guidelines
    ISSUED BY: CALVIN KLEIN GLOBAL MARKETING GROUP, 2ND FLOOR, 205 WEST 39TH STREET, NEW YORK v01 Logo & Graphic Guidelines v01 06.16.2017 1 v01 Contents A Introduction B Logo Usage Guidelines C Klein Font Guidelines A1 How To Use These Guidelines B1 Master Brand Logo C1 Introduction A2 Brand Ethos, Peter Saville B2 By Appointment Logo C2 Font Assets and Files Klein Roman style fonts A3 Calvin Klein: Past & Present B3 205 Logos: Klein Italic style fonts 205 Stacked Logo Klein Condensed style fonts A4 Logo Architecture Chart 205 Horizontal Logo C3 Font Usage Guidelines B4 CK Calvin Klein Logo CK Calvin Klein Stacked Logo C4 Glyph Chart CK Calvin Klein Horizontal Logo B5 Better Sportswear & Classifications Logo B6 Jeans Logos: Premium Jeans Logo Master Jeans Logo B7 Underwear Logos: Premium Underwear Logo Master Underwear Logo Off Price Underwear Logo B8 Swimwear Logos: Premium Swimwear Logo Mainline Swimwear Logo B9 Performance Logos: Premium Performance Logo Mainline Swimwear Logo B10 Golf Logo B11 Home Logo B12 Watches and Jewelry Logo B13 Fragrance Logos Premium Fragrance Logo Mainline Fragrance Logo 2 B14 Outlet Logo A1 CONFIDENTIALITY CLAUSE v01 Confidentiality Clause The artwork and information contained herein and attached hereto, including, without limitation, the new logomarks, monograms, and Klein font library is highly confidential and proprietary information of PVH Corp. and Calvin Klein, Inc. (collectively, the “Company”). This information may not be discussed, disclosed or shared by you with anyone inside or outside the Company, other than the people who are receiving this communication. Any disclosure of the images or information by you may result in disciplinary action against you by the Company, up to and including termination of employment, and could also result in legal action.
    [Show full text]
  • Cautionary Statement
    MARCH 2014 CAUTIONARY STATEMENT Forward-Looking Statements This presentation includes forward-looking statements. These forward-looking statements reflect the Company’s current views with respect to, among other things, its future operations and financial performance; expected growth; its ability to support its planned business operation on a near- and long-term basis and its outlook for the remainder of the fiscal year ending June 30, 2014. These forward-looking statements are generally identified by words or phrases, such as “anticipate”, “estimate”, “plan”, “project”, “expect”, “believe”, “intend”, “foresee”, “forecast”, “will”, “may”, “should,” “outlook,” “continue,” “intend,” “aim” and similar words or phrases. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, events, favorable circumstances or conditions, levels of activity or performance. Reported results should not be considered an indication of future performance, and actual results may differ materially from the results predicted due to risks and uncertainties including (1)the Company’s ability to achieve our global business strategy and compete effectively in the beauty industry; (2) the Company’s ability to anticipate, gauge and respond to market trends and consumer preferences, which may change rapidly; (3) the Company’s ability to identify suitable acquisition targets and managerial, integration, operational and financial risks associated with those acquisitions; (4) risks related to our
    [Show full text]
  • San Jose Honors Jewish Lives
    Wednesday, Volume 151 10.31.2018 No. 31 SERVING SAN JOSE STATE UNIVERSITY SINCE 1934 WWW.SJSUNEWS.COM/SPARTAN_DAILY San Jose honors Jewish lives BEN STEIN | SPARTAN DAILY A participant holds up a sign outside of city hall during the Interfaith Vigil of Solidarity Against Hate on Tuesday. The vigil was to show solidarity with victims of Saturday’s shooting at Tree of Life Synogogue in Pittsburgh. District 5 County Supervisor Joe Members of the Jewish community, gogue in Pennsylvania,” Liccardo said. By Ben Stein Simitian said. elected officials and several interfaith “Today, Pittsburgh is the center of the The Jewish Federation of Silicon leaders spoke on the mass shooting and world,” he added. Eleven candles, representing the Valley set up the Interfaith Vigil of how everyone was affected, not only The speakers described their emo- 11 Jewish men and women killed in Solidarity Against Hate in sup- the Jewish community in Pittsburgh. tions and shared their thoughts follow- Pittsburgh’s Tree of Life Congregation port of the Pittsburgh community. San Jose Mayor Sam Liccardo ing the attack. Instead of placing shame synagogue on Saturday, were lit in Congregation Shir Hadash Cantor explained that when a tragedy occurs, on the suspect and other anti-Semitic front of the more than 500-person Devorah Felder-Levy led the group in the entire world pauses, not only the incidents, they offered solutions to crowd outside City Hall on Tuesday. “Gesher Tzar Meod,” a song that trans- affected community. make the world a better place. “We say each of their names so lates to “The whole world is a very “[The attack] has violated the sanc- “We can send cards and letters of they do not become just a statistic, narrow bridge, the important thing is tuary of holy places, whether it’s they will forever be remembered,” to not be afraid.” a church in Charleston or a syna- VIGIL | Page 2 Search for permanent UPD chief continues By Vicente Vera tive recruitment services,” STAFF WRITER said Regan Williams, senior vice president of Bob Murray & Associates.
    [Show full text]
  • 3 Trademarks Licensed in Perpetuity Trademark Territory Calvin Klein
    Trademarks Licensed inPerpetuity Trademark Territory Calvin Klein Jeans and CK/Calvin Klein Jeans (for retail Western Europe including Ireland, Great Britain, 12/31/2046 stores Selling men’s/women’s/children’s jeans and jeans France, Monte Carlo, Germany, Spain, Portugal, related Products and ancillary products bearing the Andorra, Italy, San Marino, Vatican City, Calvin Klein marks) (d) Benelux, Denmark, Sweden, Norway, Finland, Austria, Switzerland, Lichtenstein, Greece, Cyprus, Turkey and Malta and parts of Eastern Europe namely, Hungary, Czech Republic, Poland, Bosnia Herzegovina, Croatia, Serbia, Slovenia, Romania, Bulgaria, Slovak Republic, Macedonia, Moldavia, Lithuania, Latvia, Estonia, Ukraine, Belorussia, Russia, (C.I.S.), Georgia, Armenia, Azerbaijan, Kazakhstan, Uzbekistan, the Middle East (including Egypt, Lebanon, Israel, Palestine, Jordan, Syria, Saudi Arabia, Yemen, Qatar, Kuwait, Bahrain, Oman, UAE), South Africa, Tunisia, Botswana, Mozambique, Namibia, Swaziland, Zimbabwe; Asia, including Japan, People’s Republic of China (or “China”), South Korea and “Rest of Asia” (Hong Kong, Thailand, Australia, New Zealand, Philippines, Taiwan, Singapore, Malaysia, Indonesia, New Guinea,Vietnam, Cambodia, Laos, Myanmar, Burma, Macau and the Federated State of Micronesia, Mongolia),India Trademarks Licensed for a Term Trademark Territory Expires(h) CK/Calvin Klein (for independent or common internet Europe and Asia 12/31/2046 sites for the sale of jeanswear apparel and/or jeanswear accessories) (d) CK/Calvin Klein (for independent
    [Show full text]
  • Calvin Klein
    MARKET footwear, swimwear, jewelry, watches, outerwear, its confdently minimal "heroin chic" aesthetic. One of the most iconic names in the fashion handbags, small leather goods, and home Current creative directors Francisco Costa and industry is Calvin Klein. Born in the Bronx, furnishings (including furniture). Italo Zucchelli took over women and men's design New York, the designer became known for a duties in 2003 and 2004, and have continued to minimalistic approach that sparked a sharp shift ACHIEVEMENTS develop Calvin Klein's aesthetic of confdence, towards streamlined clothes for women in the Amongst the many accolades received by Calvin understatement, and perfected minimalist tailoring. 1970s. From his humble beginnings, Calvin Klein Klein over the years are: Still one of the highlights of Fashion Month, Calvin managed to create an award-winning brand with l Coty Award - 1973,1974,1975 Klein Collection is as directional and aspirational multiple sub-divisions -- womenswear, underwear, l Council of Fashion Designers of America Award as ever. perfumes, jeans and cosmetics, among them -- and - 1982,1983,1986 a reputation for provocative advertisements. l CDFA (Council for Fashion Designers of PRODUCTS Calvin Klein, Inc., a wholly owned subsidiary of America) award - 1993 The Calvin Klein Collection’s SS16 show was one PVH Corp., is one of the leading fashion design l America's Best Designer of 1993 Award. steeped in nostalgia. Their current obsession with and marketing studios in the world. It designs and the early ’90s is manifested in the red-hot slip markets women’s and men’s designer collection HISTORY dress trend of this season.
    [Show full text]
  • 2020 China Country Profile
    1 China Music Industry Development Report COUNTRY China: statistics PROFILE MARKET PROFILE claiming that China’s digital music business 13.08.20 ❱China increased by 5.5% from 2017 to 2018 while the number of digital music users exceeded Population... 1.4bn 550m, a jump of 5.1% year-on-year. GDP (purchasing power parity)... $25.36tn GDP per capita (PPP)... $18,200 What, exactly, these digital music users are doing is still not entirely clear. Streaming, as 904m Internet users... you might imagine, dominates digital music Broadband connections... 407.39m consumption in China. The divide, however, Broadband - subscriptions per 100 inhabitants... 29 between ad-supported and paid users is opaque at best. The IFPI, for example, reports Mobile phone subscriptions... 1.65bn that revenue from ad-supported streaming Smartphone users... 781.7m is greater than that of subscription in China Sources: CIA World Factbook/South China Morning Post/Statista – a claim that was met with some surprise by some local Music Ally sources. “For most of the platforms, subscription income is still the largest contributor in the digital music market,” says a representative of NetEase A lack of reliable figures makes China a Cloud Music. difficult music market to understand. Even so, Simon Robson, president, Asia Region, its digital potential is vast. Warner Music, says that the ad-supported China basically lives model isn’t really set up to make money in China but is instead designed to drive traffic CHINA’S GROWING IMPORTANCE as a service NetEase Cloud Music, warned inside WeChat now... to the service. “Within China, the GDP is so digital music market is perhaps only matched that IFPI numbers for China were largely we fix problems for the different from city to city that it becomes by a fundamental lack of understanding based on advances; that means they may difficult to set standard pricing per month that exists about the country.
    [Show full text]
  • PVH Annual Report 2020
    PVH Annual Report 2020 Form 10-K (NYSE:PVH) Published: April 1st, 2020 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 2, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ Commission File Number 001-07572 PVH CORP. (Exact name of registrant as specified in its charter) Delaware 13-1166910 (State or other jurisdiction of incorporation or (I.R.S. Employer Identification No.) organization) 200 Madison Avenue, New York, New York 10016 (Address of principal executive offices) (Zip Code) (212) 381-3500 _________________________________________________________________________________________________________________________________________________________________________ (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Name of Each Exchange Title of Each Class Trading Symbol on Which Registered Common Stock, $1.00 par value PVH New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None ______________________________ (Title of Class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Y es x No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yeso No x Indicate by check mark whether registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, CURRENTRATIO, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN (Studi Kasus Pada Peru
    PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, CURRENTRATIO, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN (Studi Kasus Pada Perusahaan Manufaktur yang telah terdaftar di BEI Tahun 2015- 2018) Diajukan guna memenuhi salah satu syarat akademik untuk memperoleh gelar sarjana pada Program Studi Akuntansi Fakultas Ekonomi SKRIPSI Oleh : RENI SUSIATI 2016017017 PROGRAM STUDI AKUNTANSI FAKULTAS EKONOMI UNIVERSITAS SARJANAWIYATA TAMANSISWA YOGYAKARTA 2020 ii iii iv v MOTTO Ambilah risiko yang lebih besar dari apa yang dipikirkan orang lain aman, Berilah perhatian lebih dari apa yang orang lain pikirkan itu bijak, Bermimpilah lebih apa yang orang lain pikir masuk akal. -Claude T. Bissell- Jangan pernah menyerah ketika anda masih mampu berusaha lagi, Tidak ada kata berakhir sampai anda berhenti mencoba. -Brian Dyson- Bekerjalah sampai idolamu menjadi sainganmu -G-Dragon (BIGBANG)- Percaya pada diri sendiri, bahkan jika kamu ingin kembali kemasa lalu. Janganlah lari, sedikit demi sedikit kamu akan semakin dekat untuk mewujudkan impianmu -Jung Yunho (TVXQ)- Waktu, Usaha dan Keringat tidak akan pernah menghkhianati kita -Park Jung Soo (SUPERJUNIOR)- Don’t be trapped in someone else’s dream Forget what hurt you, but never forget what it taught you -Kim Taehyung (BTS)- Akan ada saatnya sesuatu itu menjadi sangat melelahkan, tetapi jangan menyerah. Bertahanlah sedikit lagi, dan itu akan segera berakhir -Zhang Yixing (EXO)- vi PERSEMBAHAN Skripsi ini saya persembahkan untuk orang-orang yang selalu mendukung dan mendo’akan saya terutama bapak dan ibu saya tercinta, saya tidak akan melupakan semua pengorbanan dan jernih payah yang engkau berikan untukku agar dapat menggapai cita-cita dan semangat serta do’a yang sehingga kudapat raih kesuksesan ini. So I Love You Pah Mah.
    [Show full text]
  • Calvin Klein Trademarks V. Partnerships
    Case: 1:15-cv-02224 Document #: 1 Filed: 03/13/15 Page 1 of 26 PageID #:1 IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION CALVIN KLEIN TRADEMARK TRUST, ) and CALVIN KLEIN, INC., ) ) Case No. 15-cv-2224 Plaintiffs, ) v. ) ) THE PARTNERSHIPS and ) UNINCORPORATED ASSOCIATIONS ) IDENTIFIED ON SCHEDULE “A,” ) ) ) Defendants. ) COMPLAINT Plaintiffs Calvin Klein Trademark Trust and Calvin Klein, Inc. (together, “Plaintiffs” or “Calvin Klein”) hereby bring the present action against the Partnerships and Unincorporated Associations identified on Schedule A attached hereto (collectively, “Defendants”) and allege as follows: I. JURISDICTION AND VENUE 1. This Court has original subject matter jurisdiction over the claims in this action pursuant to the provisions of the Lanham Act, 15 U.S.C. § 1051 et seq., 28 U.S.C. § 1338(a)-(b) and 28 U.S.C. § 1331. This Court has jurisdiction over the claims in this action that arise under the laws of the State of Illinois pursuant to 28 U.S.C. § 1367(a), because the state law claims are so related to the federal claims that they form part of the same case or controversy and derive from a common nucleus of operative facts. 2. Venue is proper in this Court pursuant to 28 U.S.C. § 1391, and this Court may properly exercise personal jurisdiction over Defendants since each of the Defendants directly targets business activities toward consumers in Illinois and causes harm to Calvin Klein’s Case: 1:15-cv-02224 Document #: 1 Filed: 03/13/15 Page 2 of 26 PageID #:2 business within this Judicial District.
    [Show full text]
  • Celebration Civilization Culture Contributions Contributors
    PRESENTED BY THE ASPER FOUNDATION Celebration Civilization Culture Contributions Contributors TEL AVIV, ISRAEL Celebration Civilization Culture Contributions Contributors PRESENTED BY THE ASPER FOUNDATION 2017 A Frank Gehry museum for Tel Aviv, Israel The World’s Jewish Museum is the most ambitious and far-reaching project of its kind today. To be located in Tel Aviv, it will exhibit the spectacular array of Jewish ideas, education, thought, and creativity in every conceivable field. It engages visually and intellectually—and on a grand scale—with all things Jewish over the course of humanity’s journey. Judaism is writ large in global history, and the museum aims very high in its architecture, exhibits, scope, and passion. 6 PRESENTED BY THE ASPER FOUNDATION THE VISION The World’s Jewish Museum represents a positive paradigm focused on linking past and present contributions—with an outlook to the future. Most crucially, the World’s Jewish Museum will enhance the bond between Israel and the global Jewish population through the strengthening of its collective identity. This museum will attest to the significance of outstanding Jewish attainment and intellectual output and showcase the ways in which these contributions have shaped the path of humankind. Exhibitions and programs will also document the connection between the world’s Jewish peoples and the land of Israel. Why create the World’s Jewish Museum? The remarkable contributions of the Jewish people in the modern era—far out of proportion to their small number—is a cause for celebration and a subject for exploration. Their contributions and personalities are manifest. Whether working in a laboratory or a place of business, Jewish thinkers have transformed fundamental elements of modern life for all the world’s citizens.
    [Show full text]