By  on January 22, 2009

Add Phillips-Van Heusen Corp. to the list of apparel vendors cutting back in response to a brutal business climate.

The New York-based owner of the Calvin Klein, Izod and Van Heusen trademarks, among other brands, will take an $85 million pretax charge in the fourth quarter in connection with a restructuring of operations that includes the elimination of about 400 jobs, closure of 175 stores and the shutdown of its domestic production of men’s neckwear.

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