Close the sale of Heritage Brands business assets to Authentic Brands Group
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 23 Jun 2021
- Due
- 30 Sep 2021
- Delivered
- 2 Aug 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction, which includes the IZOD, Van Heusen, ARROW and Geoffrey Beene brand trademarks and is expected to close in the third quarter of 2021”
What we found
Evidence strength A What the grades mean
PVH completed the sale of its Heritage Brands business assets to Authentic Brands Group on August 2, 2021, which falls within the third quarter of 2021.
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A PVH 10-K filed 2022-03-30
“We completed the sale on August 2, 2021 (the first day of the third quarter of 2021).” ✓ confirmed on the page
Market reaction: the shares moved -10.9% against the S&P 500 over the three sessions around the disclosure (29 Mar 2022 to 1 Apr 2022). What this measures
Checked 21 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Sale of Heritage Brands business assets
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions; including regulatory approval
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-PVH-019134 · Corrections policy