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.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)