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IS PVH IN RUNNING FOR ALL OF WARNACO?(Phillips-Van Heusen Corp. considering purchase of Warnaco?)(Brief Article)
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WWD
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April 18, 2002
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Copyright informationCOPYRIGHT 2002 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Could Phillips-Van Heusen Corp. be eyeing a purchase of the entire Warnaco Group?
According to reports circulating Wednesday, PVH may be negotiating to buy all of the bankrupt Warnaco as a pre-packaged deal, and would then sell off assets it didn't want.
Among Warnaco's key brands are CK Calvin Klein Jeans, Calvin Klein Underwear, Warner's, Olga, Chaps by Ralph Lauren and Speedo.
Bruce Klatsky, chairman and chief executive offer of PVH, was traveling Wednesday and unavailable for comment. A spokesman for Warnaco declined comment on PVH, and would only say: "We are continuing to sell our noncore assets and look at our core assets in terms of the best ...
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