Phillips-Van Heusen Corporation (NYSE: PVH) announced today that Company
management will appear at the Oppenheimer 9th Annual
Consumer, Gaming, Lodging & Leisure Conference being held in Boston on
Tuesday, July 14th at 10:20 AM Eastern time.
The live webcast (audio-only) and a replay available beginning one hour
after the conference may be accessed by logging onto www.pvh.com
and going to the News page.
Phillips-Van Heusen Corporation is one of the world’s largest apparel
companies. It owns and markets the Calvin Klein brand worldwide. It is
the world’s largest shirt and neckwear company and markets a variety of
goods under its own brands, Van Heusen, Calvin Klein, IZOD, ARROW, Bass
and G.H. Bass & Co., and its licensed brands including Geoffrey Beene,
Kenneth Cole New York, Kenneth Cole Reaction, unlisted, A Kenneth Cole
Production, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean
John, Chaps, Donald J. Trump Signature Collection, JOE Joseph Abboud,
Tommy Hilfiger, DKNY, and Timberland.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: Forward-looking statements made during the presentation,
including, without limitation, statements relating to the Company’s
future revenues 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 Company’s plans,
strategies, objectives, expectations and intentions are subject to
change at any time at the discretion of the Company; (ii) the levels of
sales of the Company's apparel and footwear products, both to its
wholesale customers and in its retail stores, and the levels of sales of
the Company’s licensees at wholesale and retail, and the extent of
discounts and promotional pricing in which the Company and its licensees
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, repositioning of brands by the Company’s licensors
and other factors; (iii) the Company’s plans and results of operations
will be affected by the Company’s ability to manage its growth and
inventory, including the Company’s ability to continue to develop and
grow the Calvin Klein businesses in terms of revenue and profitability;
(iv) the Company’s operations and results could be affected by quota
restrictions and safeguard controls (which, among other things, could
limit the Company’s ability to produce products in cost-effective
countries that have the labor and technical expertise needed), the
availability and cost of raw materials (particularly petroleum-based
synthetic fabrics, which are currently in high demand), the Company’s
ability to adjust timely to changes in trade regulations and the
migration and development of manufacturers (which can affect where the
Company’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 the United States or any of the countries where the
Company’s products are or are planned to be produced; (v) 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; (vi) acquisitions and
issues arising with acquisitions and proposed transactions, including
without limitation, the ability to integrate an acquired entity into the
Company with no substantial adverse affect on the acquired entity's, or
the Company’s existing, operations, employee relationships, vendor
relationships, customer relationships or financial performance; (vii)
the failure of the Company's licensees to market successfully licensed
products or to preserve the value of the Company's brands, or their
misuse of the Company's brands and (viii) other risks and uncertainties
indicated from time to time in the Company’s filings with the Securities
and Exchange Commission.
The information made available during the presentation will contain
certain forward-looking statements which reflect the Company’s view of
future events and financial performance as of May 19, 2009 and the
Company does not undertake any obligation to update publicly any such
forward-looking statement, including, without limitation, any estimate
regarding revenues or earnings, whether as a result of the receipt of
new information, future events or otherwise.
The Company’s presentation will include non-GAAP financial measures, as
defined under SEC rules. A reconciliation of these measures is included
in the Company’s first quarter earnings press release, which was
released on May 19, 2009, and is available on the Company’s website at www.pvh.com,
and in its Current Report on Form 8-K furnished to the SEC in connection
with that press release, which is available both on the Company’s
website at www.pvh.com
and the SEC’s website at www.sec.gov.
Phillips-Van Heusen Corporation
Michael Shaffer,
212-381-3523
Executive Vice President
& Chief
Financial Officer
www.pvh.com
