USA: Phillips-Van Heusen Q2 Profit Up To $7.8m
Dress shirt maker Phillips-Van Heusen Corp has posted a rise in second quarter net profit to $7.8 million from $6.9m in the year-ago period. The New York-based company, whose brands include Van Heusen, Bass and Izod, said sales slipped one per cent to $331.2 million and it expects third quarter sales to be up 1-2 per cent but flat for the full-year.
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