US clothing group Phillips-Van Heusen has raised its first quarter earning quidance, reflecting stronger than expected performance from its brands.

The company, which announced last month it was to purchase US brand Tommy Hilfiger for US$3bn, is projecting its Calvin Klein royalty revenue to increase approximately 8% in the first quarter of 2010 as compared to the prior year.

For the first quarter of 2010, PVH now estimates non-GAAP earnings per share will be $0.80 versus its prior guidance of $0.73 to $0.75.

This compares to non-GAAP earnings per share in the prior year’s first quarter of $0.53.

"The company’s updated guidance reflects stronger than expected performance across all of its operating divisions in the first two and a half months of 2010," a statement added.