Phillips-Van Heusen Corp sees Calvin Klein unit growth
LOS ANGELES, April 29 (Reuters) - The Calvin Klein unit of apparel manufacturer Phillips-Van Heusen Corp (PVH.N: Quote, Profile, Research) could grow to $7 billion in global retail sales by 2010, Chief Executive Emanuel Chirico said on Tuesday.
Speaking at a Lehman Brothers conference, Chirico said growth in that division has been fueled by new product categories and retail store growth worldwide. Phillips-Van Heusen posted total revenue of $2.43 billion in full-year 2007. (Reporting by Alexandria Sage, editing by Maureen Bavdek)
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