|The Warnaco Group Inc.: Fashion Company Profile on Apparel Search|
|Fashion Company Names Fashion Industry Network Warnaco Definition Women's Underwear Men's Underwear|
Please visit the PVH page here on the Apparel Search fashion company directory for more information.
October 2013 Summary: PVH Corp., one of the world's largest apparel companies with over $8.0 billion in estimated 2013 revenues, owns and markets a diversified portfolio of iconic designer lifestyle apparel brands, led by Calvin Klein and Tommy Hilfiger, which together represent close to 85%† of our operating profits and are expected to continue to drive future revenue and profitability growth. We are also the world's largest shirt and neckwear company, and through our Heritage Brands division, we design, source and market a varied selection of prominent brand label dress shirts, neckwear, sportswear, footwear, swimwear and intimates and license our owned brands (other than the Calvin Klein and Tommy Hilfiger brands), for an assortment of products.
Feb. 13, 2013 PVH Corp. (NYSE:PVH) announced it has completed its acquisition of The Warnaco Group, Inc., which makes it one of the largest global branded lifestyle apparel companies in the world, with a diversified portfolio of iconic brands led by Calvin Klein and Tommy Hilfiger, as well as its heritage brands – Van Heusen, IZOD, ARROW, Bass, Speedo, Olga and Warner's ‒ and over $8 billion in pro forma revenue. PVH also closed on its previously disclosed new senior secured credit facilities.
2011 Summary: The Warnaco Group, Inc. (Warnaco Group), along with its subsidiaries, designs, sources, markets, licenses and distributes a range of intimate apparel, sportswear and swimwear products worldwide. The Company's products are sold under brand names, including, but not limited to, Calvin Klein, Speedo, Chaps, Warner's and Olga. The Company operates in three segments: Sportswear Group, Intimate Apparel Group and Swimwear Group. As of December 31, 2011, the Company operated 1,759 Calvin Klein retail stores worldwide (consisting of 263 full price free-standing stores, 118 outlet free-standing stores, 1,376 shop-in-shop/concession stores and, in the United States, two online stores: Calvinkleinjeans.com, and CKU.com) and one online swimwear store SpeedoUSA.com. There were also 615 Calvin Klein retail stores operated by third parties under retail licenses or franchise and distributor agreements.
Below is for Historical Reference Only:
Warnaco's history dates back to 1874. The original company designed, manufactured and sold Warner's corsets to retailers. Since then, Warnaco has evolved into a global apparel leader which designs, sources, markets, licenses and distributes a broad line of intimate apparel, sportswear and swimwear worldwide. The Company's products are sold under several highly recognized brand names, including, but not limited to, Calvin Klein®, Speedo®, Chaps®, Warner's® and Olga®.
The Company's products are distributed domestically and internationally, primarily to wholesale customers through various distribution channels, including major department stores, independent retailers, chain stores, membership clubs, specialty and other stores, mass merchandisers and the internet. In addition, the Company distributes its Calvin Klein branded products through dedicated Calvin Klein retail stores, and as of January 3, 2009, the Company operated 902 Calvin Klein retail stores worldwide (consisting of 88 full price free-standing stores, 83 outlet free-standing stores, one on-line store and 730 shop-in-shop/concession stores). There were also 586 Calvin Klein retail stores operated by third parties under retail licenses or franchise and distributor agreements. The Company also operates one Speedo on-line store.
For the fiscal year ended January 3, 2009, approximately 45.6% of the Company's net revenues were generated from domestic sales and approximately 54.4% were generated from international sales. In addition, approximately 21% of net revenues were from direct to consumer sales.
The Company owns and licenses a portfolio of highly recognized brand names. The trademarks owned or licensed in perpetuity by the Company generated approximately 45% of the Company's revenues during Fiscal 2008. Brand names the Company licenses for a term generated approximately 55% of its revenues during Fiscal 2008. Owned brand names and brand names licensed for extended periods (at least through 2044) accounted for over 88% of the Company's net revenues in Fiscal 2008. The Company's highly recognized brand names have been established in their respective markets for extended periods and have attained a high level of consumer awareness.
Calvin Klein Underwear: Since its inception, Calvin Klein Underwear for Men and Women has led the market by offering consumers cutting-edge design, innovative fabrics, and exceptional fit and quality. Known for its iconic advertising campaigns featuring top models, celebrities, and newly discovered talent, Calvin Klein Underwear continues to evolve its reputation as the brand of choice for consumers who want sexy, fashionable, and comfortable underwear.
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ML61209 & 101313 - Warnaco
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