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2014年4月23日星期三
shirt michael kors handbags outlet and sportswear businesses
Van heusen corporation to acquire arrow brand from michael
kors bags uk sale cluett american New york new york, state, ichaeloragcheap united states NEw
york, middlE atlantic StatE of thE unitEd StatES.It iS bordErEd by vErmont,
maSSachuSEttS, connEcticut, and thE atlantic ocEan(E), New JerSey and
PennSylvania(S), Lakes Erie and Ontario and the Canadian province of Phillips
Van Heusen Corporation(Nyse nyse Pvh peri ventricular hemorrhage)Announced today
that it has entered into a definitive agreement to acquire the arrow brand
worldwide and the related licensing business from cluett american group for
approximately $70 million.The transaction is subject to customary conditions and
governmental approvals, and is expected to close by year end. Pvh currently
operates the men's arrow dress shirt michael kors handbags outlet and
sportswear businesses in the united states united states, officially united
states of america, republic(2005 est.Pop.295, 734, 000), 3, 539, 227 sq mi(9,
166, 598 sq km), North America. The United States is the world's third largest
country inPopulation and the fourth largest country in area.Under a long term
licensing agreement with the cluett american group and sublicenses the boy's
businesses.Subsequent to signing the licensing agreement in july 2000, these
businesses have grown to approximately $160 $170 million in annual sales volume
for pvh. Bruce j.Klatsky, chairman and chief executive officer of phillips van
heusen corporation stated,"The performance of the arrow business has exceeded
our expectations.By bringing control of the global arrow brand under our
management, we have the ability to significantly invest in marketing and
advertising the brand.And similarly see growth opportunity in international
markets. "Mr.Klatsky concluded that,"In addition to gaining control to the arrow
brand, we expect this transaction will be accretive to our earnings in 2005. "
Phillips van heusen corporation is one of the world's largest apparel
companies.It owns and markets the calvin klein noun 1.Calvin klein united states
fashion designer noted for understated fashions(Born in 1942) Calvin richard
klein, klein brand worldwide.Bass co., and its licensed brands Geoffrey Beene
Geoffrey Beene(August 30 1924 september 28 2004)Was an american fashion
designer. Beene was born in haynesville, louisiana.He studied medicine at tulane
university, but dropped out in 1946, after three years., Arrow, Kenneth Arrow,
Kenneth(Joseph) (1921)Economist;Born in new york city.He was recognized early in
his career for his"Impossibility theorem,"A study of collective choice that
employs the notational system of logic to illustrate that more than two cole new
york,Kenneth colekenneth cole is the name of:Kenneth cole(Designer)Kenneth reese
cole, jr., aide to Richard Nixon Kenneth S.Cole, an american biophysicist
m.Kenneth d.Cole, who studied the effects of radiation on the human body as part
of the manhattan project reaction, bcbg bcbg bon chic bon genre max azria max
azria is a jewish american fashion designer who founded the popular midscale
women clothing line bcbg in 1989. Originally from tunisia, max azria moved to
the united states to enter the fashion world., BCBG Attitude, MICHAEL Michael
Kors This article or section is written like an. Please help [ rewrite this
article] from a neutral point of view. Mark blatant advertising for, using.,
Sean Jean and, beginning later this year, Chaps. Safe harbor safe harbor 1.A
legal provision to reduce or eliminate liability as long as good faith is
demonstrated. 2.A form of shark repellent Implemented by a target company
acquIrIng a busIness that Is so poorly regulated that the target Itself Is less
attractIVe.Statement under the prIVate securItIes lItIgatIon reform act the
prIVate securItIes lItIgatIon reform act of 1995(Pslra)Implemented seVeral
sIgnIfIcant substantIVe changes affectIng certaIn cases brought under the
federal securItIes laws, IncludIng changes related to pleadIng, dIscoVery,
lIabIlIty, class representatIon and awards fees and of 1995:Forward lookIng
statements In thIs press release, 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 related 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 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
realize reVenue growth from deVeloping and growing calVin klein; (IV)The
company's operations and results could be affected by quota restrictions(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 company does not undertake any obligation to update
publicly any 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.
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