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IZOD Brand (PVH) Announces Home Collection

June 1, 2009 2:33 PM EDT
PVH Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +13.5%
Phillips-Van Heusen Corporation (NYSE: PVH) announced today that it has licensed WestPoint Home, Inc. a leading home textile manufacturer and marketer based in New York, to design, produce and market a collection of bed, bath and kitchen products under PVH's well-known IZOD brand.

WestPoint Home will offer IZOD-branded sheets, bedding, bath towels and accessories, blankets and throws, down comforters, pillows and mattress pads to leading department and specialty stores in the U.S., its possessions and territories. Deliveries of this new offering are scheduled to begin in Spring 2010.

Phillips-Van Heusen Corporation is an apparel company. The Company’s portfolio of brands includes its owned brands, Calvin Klein Collection, ck Calvin Klein, Calvin Klein, Van Heusen, IZOD, ARROW, G.H. Bass & Co., Bass, City of London, Bugatti and Eagle, and its licensed brands, Geoffrey Beene, BCBG Max Azria, BCBG Attitude, CHAPS, Sean John, Donald J. Trump Signature Collection, JOE Joseph Abboud, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Michael Kors Collection, DKNY, Tommy Hilfiger, Nautica, Ted Baker, Ike Behar, Valentino, Hart Schaffner Marx, Gianfranco Ruffini, Studio by Fumagalli’s, Zylos by George Machado, Jones New York and Timberland.[SM]

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