By  on September 15, 2009

The executive team at Phillips-Van Heusen’s furnishings division will be smaller by the end of the year, thanks to a number of high-profile departures.

Both Lee Terrill, president of PVH neckwear, and Mervyn Mandelbaum, founder of Superba, which PVH acquired in 2007, plan to retire, according to an internal memo acquired by WWD.

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