PVH to buy Warnaco for Calvin Klein control

Pvh Buy Warnaco Calvin Klein Control - Movies, Music, Fashion, Sports - Posted: 5th Nov, 2012 - 2:30am

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Post Date: 5th Nov, 2012 - 2:30am / Post ID: #

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PVH to buy Warnaco for Calvin Klein control

PVH to buy Warnaco for Calvin Klein control


(Reuters) - PVH Corp will buy rival Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal that will give the company control of the Calvin Klein clothing brand. PVH bought Calvin Klein in 2003 and makes formal and sportswear under that brand, while Warnaco has held the licensing agreements for Calvin Klein jeans and underwear since 1997. Shares of both companies jumped in premarket trading after they announced the deal on Wednesday. ...

Source: Fashion News Headlines - Yahoo! News

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Post Date: Tue Nov 26 14:55:53 GMT 2024 / Post ID: #

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PVH to buy Warnaco for Calvin Klein control

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