By  on December 4, 2007

Phillips-Van Heusen Corp. posted a 20 percent jump in third-quarter earnings, driven by strong sales in its Calvin Klein licensing business.

For the three months ended Nov. 4, net income rose to $60.9 million, or $1.05 a diluted share, from $50.8 million, or 89 cents, in the year-ago period on sales that climbed 22 percent to $611.4 million from $500.2 million.

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