USA: Van-Heusen Completes $430m Calvin Klein Deal
Dress shirt maker Phillips Van-Heusen Corp (PVH) on Wednesday completed its $430 million acquisition of Calvin Klein Inc and said it expects it to eat into 2003 earnings, before boosting 2004 results. The New York-based company said in news release it expects 2003 earnings from operations of $1 a share, due to normal transition costs, and expects earnings per share to grow 15 to 20 per cent annually in 2004 and beyond.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Will new Vietnam wage hinder competitiveness?
- Digitisation to drive new apparel-making models
- Under Armour Lighthouse will disrupt production
- Fashion fit for the future – strategies for speed
- How TAL Apparel is staying ahead of the game
- MAS Holdings shares commitment to sustainability
- Gap to shutter all UK Banana Republic stores
- Marks & Spencer top for modern slavery reporting
- M&S "unappealing" clothing a barrier to growth
- Modern Slavery Act boosts supply chain engagement
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020