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Phillips-Van Heusen Corporation to Appear at the Goldman Sachs 17th Annual Retailing Conference on September 14, 2010

^{Published on 2010-08-24 07:15:31 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Phillips-Van Heusen Corporation (NYSE: PVH) announced today that Company management will appear at the Goldman Sachs 17^th Annual Retailing Conference being held in New York City on Tuesday, September 14^th at 11:10 AM ET.

The live webcast as well as the replay, which will be available beginning one hour after the conference, may be accessed by logging onto [ www.pvh.com ] and going to the News Releases page under the Investor Relations tab

Phillips-Van Heusen Corporation, one of the worlda™s largest apparel companies, owns and markets the iconic Calvin Klein and Tommy Hilfiger brands worldwide. It is the worlda™s largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, Tommy Hilfiger, IZOD, ARROW, Bass and G.H. Bass & Co., and its licensed brands, including Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, Chaps, Trump, JOE Joseph Abboud, DKNY and Timberland.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements made during the Companya™s presentation, including, without limitation, statements relating to the Companya™s future revenue and earnings, plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, the following: (i)the Companya™s plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii)in connection with the acquisition of Tommy Hilfiger (B.V. and certain affiliated companies (collectively, aTommy Hilfigera), the Company borrowed significant amounts, may be considered to be highly leveraged, and will have to use a significant portion of its cash flows to service such indebtedness, as a result of which the Company might not have sufficient funds to operate its businesses in the manner it intends or has operated in the past; (iii)the levels of sales of the Companya™s apparel, footwear and related products, both to its wholesale customers and in its retail stores, the levels of sales of the Companya™s licensees at wholesale and retail, and the extent of discounts and promotional pricing in which the Company and its licensees and other business partners are required to engage, all of which can be affected by weather conditions, changes in the economy, fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositionings of brands by the Companya™s licensors and other factors; (iv)the Companya™s plans and results of operations will be affected by the Companya™s ability to manage its growth and inventory, including the Companya™s ability to continue to develop and grow its Calvin Klein businesses in terms of revenue and profitability and its ability to realize benefits from Tommy Hilfiger; (v)the Companya™s operations and results could be affected by quota restrictions and the imposition of safeguard controls (which, among other things, could limit the Companya™s ability to produce products in cost-effective countries that have the labor and technical expertise needed), the availability and cost of raw materials, the Companya™s ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where the Companya™s products can best be produced), and civil conflict, war or terrorist acts, the threat of any of the foregoing, or political and labor instability in any of the countries where the Companya™s or its licenseesa™ or other business partnersa™ products are sold, produced or are planned to be sold or produced; (vi)disease epidemics and health related concerns, which could result in closed factories, reduced workforces, scarcity of raw materials and scrutiny or embargoing of goods produced in infected areas, as well as reduced consumer traffic and purchasing, as consumers limit or cease shopping in order to avoid exposure or become ill; (vii)acquisitions and issues arising with acquisitions and proposed transactions, including without limitation, the ability to integrate an acquired entity, such as Tommy Hilfiger, into the Company with no substantial adverse affect on the acquired entitya™s or the Companya™s existing operations, employee relationships, vendor relationships, customer relationships or financial performance; (viii)the failure of the Companya™s licensees to market successfully licensed products or to preserve the value of the Companya™s brands, or their misuse of the Companya™s brands and (ix)other risks and uncertainties indicated from time to time in the Companya™s filings with the Securities and Exchange Commission.

The Companya™s presentation will include non-GAAP financial measures, as defined under SEC rules. A reconciliation of these measures will be included in the Companya™s second quarter earnings press release, which is expected to be released on September 7, 2010, and will be available on the Companya™s website at [ www.pvh.com ], and in a Current Report on Form 8-K furnished to the SEC in connection with that press release, which is available both on the Companya™s website at [ www.pvh.com ] and the SECa™s website at [ www.sec.gov ].

The Company does not undertake any obligation to update publicly any forward-looking statement, including, without limitation, any estimate regarding revenue or earnings, whether as a result of the receipt of new information, future events or otherwise.