By  on June 20, 2008

NEW YORK — For Emanuel Chirico, chairman and chief executive officer of Phillips-Van Heusen Corp., a tough retail environment means opportunity.

Chirico said at the PVH annual shareholders meeting here Thursday the conglomerate is aggressively pursuing acquisitions. He said PVH has the brand strength, logistics, infrastructure and necessary cash in place to strike it big in the near future and cited the company's 2003 purchase of Calvin Klein Inc. as a strategic move at a time that was not consumer- or finance-friendly.

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