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Slide #21. PVH Corp. — The Warnaco Group, Inc.
PVH Corp. (NYSE:PVH)
The Warnaco Group, Inc.
PVH Corp. (NYSE:PVH) announced today it has completed its acquisition of The Warnaco Group, Inc., which makes it one of the largest global branded lifestyle apparel companies in the world, with a diversified portfolio of iconic brands led by Calvin Klein and Tommy Hilfiger, as well as its heritage brands - Van Heusen, IZOD, ARROW, Bass, Speedo, Olga and Warner's - and over $8 billion in pro forma revenue. PVH also closed on its previously disclosed new senior secured credit facilities.
PVH is a branded apparel company. Co. designs and markets branded dress shirts, neckwear, sportswear, jeanswear, performance apparel, intimate apparel, underwear, swimwear, swim products, handbags, accessories, footwear and other related products. Co. also licenses the use of its trademarks to third parties and joint ventures. Co.'s businesses include: Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments; Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.
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Buy (3.10 out of 4)
(ranked lower than approx. 55% of all stocks covered)
Based on Zacks ABR data;
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