Klein Business Drives PVH

The Calvin Klein business was the fourth-quarter superstar at Phillips-Van Heusen Corp., which managed to drive net income up 13.4 percent despite weakness in the group's other wholesale and retail businesses.

"Calvin Klein continues to exhibit strength both domestically and internationally and is driving our revenue and earnings growth," said Emanuel Chirico, chairman and chief executive officer. "There continues to be high global demand for our Calvin Klein brand, and this demand continues to grow as we enter into additional markets, such as China, India and Russia, and new product categories, such as cosmetics."