Taking a look at the week ahead for the footwear and apparel industry, here is news editor Joe Ayling's snapshot of just-style's latest news and insights agenda.

Clothing group Phillips-Van Heusen will grab more headlines tomorrow (22 March) when the company announces its fourth quarter earnings results.

Company CEO Emanuel Chirico is likely to provide more insight into the firm's decision to buyout Tommy Hilfiger for $3bn, which was announced last week.

"Tommy Hilfiger fits all of our acquisition criteria: a strong brand, superior management, highly profitable, immediately accretive to earnings, and focused on international growth," Chirico said at the time.

The combined company, which will also include PVH's Calvin Klein, Arrow and Izod brands, is likely to become a global powerhouse with revenues of $4.6bn across a variety of categories.

The deal presents new opportunities for Tommy Hilfiger in the US, while its own strong foothold in Europe and Asia will be instrumental to the growth of PVH's other brands in return.

In January PVH increased its earnings and revenue guidance following better than expected trading in the fourth quarter, after more than doubling net profit to $83.6m in the third quarter.

Another company in the spotlight this week will be luxury group Hermès International, which announces its fourth quarter results on Thursday. Hermès indicated last month that sales had increased 8.5% during the fiscal period, despite a drop in wholesale at comparable exchange rates.

Meanwhile, readers of just-style can also keep up to date with latest global sourcing information by downloading Clothesource 2011 guide to apparel trade regulations.