Phillips-Van Heusen Corporation is one of the world's largest apparel companies. It owns and markets the Calvin Klein brand worldwide. It is the world's largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, IZOD, ARROW, Bass and G.H. Bass & Co., and its licensed brands including Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, unlisted, A Kenneth Cole Production, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean John, Chaps, Donald J. Trump Signature Collection, JOE Joseph Abboud, Tommy Hilfiger, DKNY, and Timberland.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements in made during the presentation, including, without limitation, statements relating to the Company's future revenues and earnings, plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, the following: (i) the Company's plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the levels of sales of the Company's apparel and footwear products, both to its wholesale customers and in its retail stores, and the levels of sales of the Company's licensees at wholesale and retail, and the extent of discounts and promotional pricing in which the Company and its licensees are required to engage, all of which can be affected by weather conditions, changes in the economy, fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositioning of brands by the Company's licensors and other factors; (iii) the Company's plans and results of operations will be affected by the Company's ability to manage its growth and inventory, including the Company's ability to continue to realize revenue growth from developing and growing Calvin Klein; (iv) the Company's operations and results could be affected by quota restrictions and safeguard controls (which, among other things, could limit the Company's ability to produce products in cost-effective countries that have the labor and technical expertise needed), the availability and cost of raw materials (particularly petroleum-based synthetic fabrics, which are currently in high demand), the Company's ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where the Company's products can best be produced), and civil conflict, war or terrorist acts, the threat of any of the foregoing or political and labor instability in the United States or any of the countries where the Company's products are or are planned to be produced; (v) disease epidemics and health related concerns, which could result in closed factories, reduced workforces, scarcity of raw materials and scrutiny or embargoing of goods produced in infected areas; (vi) acquisitions and issues arising with acquisitions and proposed transactions, including without limitation, the ability to integrate an acquired entity into the Company with no substantial adverse affect on the acquired entity's, or the Company's existing, operations, employee relationships, vendor relationships, customer relationships or financial performance; (vii) the failure of the Company's licensees to market successfully licensed products or to preserve the value of the Company's brands, or their misuse of the Company's brands and (viii) other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission.

The Company's presentation will include non-GAAP financial measures, as defined under SEC rules. A reconciliation of these measures will be included in the Company's third quarter earnings press release, which is scheduled to be released on November 18, 2008, and which will be available on the Company's website at www.pvh.com, and in its Current Report on Form 8-K furnished to the SEC in connection with that press release, which will be available both on the Company's website at www.pvh.com and the SEC's website at www.sec.gov.

The information made available during the presentation will contain certain forward-looking statements which reflect the Company's view or future events and financial performance as of November 18, 2008 and the Company does not undertake any obligation to update publicly any such forward-looking statement, including, without limitation, any estimate regarding revenues or earnings, whether as a result of the receipt of new information, future events or otherwise.

SOURCE: Phillips-Van Heusen Corporation

Phillips-Van Heusen Corporation 
Michael Shaffer 
Executive Vice President& Chief Financial Officer 
212-381-3523 
www.pvh.com

Phillips-Van Heusen Corporation is one of the world's largest apparel companies. It owns and markets the Calvin Klein brand worldwide. It is the world's largest shirt company and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, IZOD, ARROW, Bass and G.H. Bass & Co., and its licensed brands, including Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, unlisted, A Kenneth Cole Production, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean John, Chaps, Donald J. Trump Signature Collection, JOE Joseph Abboud, Tommy Hilfiger, DKNY and Timberland.

The webcast and conference call consist of copyrighted material and may not be recorded, reproduced, retransmitted, rebroadcast, downloaded or otherwise used without PVH's express written permission.

The information made available on the webcast and conference call will contain certain forward-looking statements which reflect PVH's view of future events and financial performance as of November 18, 2008. All such forward-looking statements are subject to risks and uncertainties indicated from time to time in the Company's SEC filings. Therefore, the Company's future results of operations could differ materially from historical results or current expectations, as more fully discussed in its SEC filings. The Company does not undertake any obligation to update publicly any forward-looking statement, including, without limitation, any estimate regarding revenues or earnings.

The information made available also will include certain non-GAAP financial measures, as defined under SEC rules. A reconciliation of these measures will be included in the Company's earnings release, which will be posted on the Company's website, www.pvh.com, and in the Company's current report on Form 8-K to be furnished to the SEC in advance of the webcast and conference call.

SOURCE: Phillips-Van Heusen Corporation

Phillips-Van Heusen Corporation 
Michael Shaffer, 212-381-3523 
Executive Vice President, 
Chief Financial Officer 
www.pvh.com

Said Emanuel Chirico, CEO, Phillips-Van Heusen Corporation, "Under Tom's leadership, the Calvin Klein business has more than doubled in size to over $6 billion in global retail sales. He has worked with the talented team at Calvin Klein to expand the brand worldwide and has achieved this record growth while maintaining Calvin Klein's position as the premier designer brand."

Melisa Goldie has been promoted to the position of Executive Vice President & Chief Creative Officer, CRK Advertising, reporting directly to Mr. Murry. Most recently Ms. Goldie was the Senior Vice President, Creative Services, CRK Advertising. She will continue to be responsible for managing all creative development, strategic planning, and subsequent execution of creative between the company and its licensees. In addition to the Creative Studio, Print Production, and Broadcast Production departments that currently report to her, the Fashion Office and Global Advertising departments will now also report directly to her. Ms. Goldie previously served as the Vice President, Print & Broadcast Production, since joining the company in October 2001.

Malcolm Carfrae's title has been elevated to Executive Vice President, Global Communications, reporting directly to Mr. Murry. Mr. Carfrae is responsible for the global oversight of all communications, including Public Relations, Corporate Communications, Celebrity Services, and Special Events for the company's domestic and international offices, and network of agencies based around the world. Mr. Carfrae was named the Senior Vice President, Global Communications in November 2006. Prior to that promotion, he had served as the Vice President, Public Relations, since joining the company in January 2003.

Additionally, in July 2008, Ellen Rodriguez and Pamela Bradford were both named to new positions within the organization.

Ms. Rodriguez was named Executive Vice President, Global Licensing & Marketing, also reporting to Mr. Murry. In addition to managing our domestic and international licenses spanning all brand tiers and product categories, she will now additionally oversee marketing as well as the licensing activities of the international offices. Ms. Rodriguez rejoined CKI in 2006 as Executive Vice President, Licensing. She had previously been with the company from 1995 to 1997 in Corporate Planning and Business Development.

Ms. Bradford has been named Executive Vice President, General Counsel, Calvin Klein, Inc., where she formulates all day-to-day corporate legal strategies and has extensive involvement with licensing contracts and other contractual matters, as well as the registration and protection of the Calvin Klein marks worldwide. She continues to report to Mr. Murry. Ms. Bradford joined the company in 1998 as Senior Vice President, Legal Affairs, and then became Senior Vice President, General Counsel in 2003.

Calvin Klein, Inc. is one of the leading fashion design and marketing studios in the world. It designs and markets women's and men's designer collection apparel and a range of other products that are manufactured and marketed through an extensive network of licensing agreements and other arrangements worldwide. Brands/lifestyles include Calvin Klein Collection, ck Calvin Klein, Calvin Klein, and Calvin Klein Jeans. Product lines under the various Calvin Klein brands include apparel, accessories, shoes, underwear, sleepwear, hosiery, socks, swimwear, eyewear, watches, jewelry, coats, fragrances, and cosmetics, as well as products for the home.

Phillips-Van Heusen Corporation is one of the world's largest apparel companies. It owns and markets the Calvin Klein brand worldwide. It is the world's largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, IZOD, ARROW, Bass and G.H. Bass & Co., and its licensed brands, including Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, unlisted, A Kenneth Cole Production, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean John, Chaps, Donald J. Trump Signature Collection, JOE Joseph Abboud, Tommy Hilfiger, DKNY and Timberland.

###

SOURCE: Calvin Klein, Inc.

Calvin Klein, Inc. 
Jennifer Crawford, 212-292-9795 
VP, Corporate Communications 
jennifercrawford@ck.com

Phillips-Van Heusen Corporation is one of the world's largest apparel companies. It owns and markets the Calvin Klein brand worldwide. It is the world's largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, IZOD, ARROW, Bass and G.H. Bass & Co., and its licensed brands including Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, unlisted, A Kenneth Cole Production, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean John, Chaps, Donald J. Trump Signature Collection, JOE Joseph Abboud, Tommy Hilfiger, DKNY, and Timberland.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements in made during the presentation, including, without limitation, statements relating to the Company's future revenues and earnings, plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, the following: (i) the Company's plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the levels of sales of the Company's apparel and footwear products, both to its wholesale customers and in its retail stores, and the levels of sales of the Company's licensees at wholesale and retail, and the extent of discounts and promotional pricing in which the Company and its licensees are required to engage, all of which can be affected by weather conditions, changes in the economy, fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositioning of brands by the Company's licensors and other factors; (iii) the Company's plans and results of operations will be affected by the Company's ability to manage its growth and inventory, including the Company's ability to continue to realize revenue growth from developing and growing Calvin Klein; (iv) the Company's operations and results could be affected by quota restrictions and safeguard controls (which, among other things, could limit the Company's ability to produce products in cost-effective countries that have the labor and technical expertise needed), the availability and cost of raw materials (particularly petroleum-based synthetic fabrics, which are currently in high demand), the Company's ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where the Company's products can best be produced), and civil conflict, war or terrorist acts, the threat of any of the foregoing or political and labor instability in the United States or any of the countries where the Company's products are or are planned to be produced; (v) disease epidemics and health related concerns, which could result in closed factories, reduced workforces, scarcity of raw materials and scrutiny or embargoing of goods produced in infected areas; (vi) acquisitions and issues arising with acquisitions and proposed transactions, including without limitation, the ability to integrate an acquired entity into the Company with no substantial adverse affect on the acquired entity's, or the Company's existing, operations, employee relationships, vendor relationships, customer relationships or financial performance; (vii) the failure of the Company's licensees to market successfully licensed products or to preserve the value of the Company's brands, or their misuse of the Company's brands and (viii) other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission.

The Company's presentation includes non-GAAP financial measures, as defined under SEC rules. A reconciliation of these measures is included in the Company's press release of August 20, 2008, which is available on the Company's website at www.pvh.com, and in its Current Reports on Form 8-K furnished to the SEC in connection with that press release, which is available both on the Company's website at www.pvh.com and the SEC's website at www.sec.gov.

The information made available during the presentation contains certain forward-looking statements which reflect the Company's view or future events and financial performance as of August 20, 2008, and the Company does not undertake any obligation to update publicly any such forward-looking statement, including, without limitation, any estimate regarding revenues or earnings, whether as a result of the receipt of new information, future events or otherwise.

SOURCE: Phillips-Van Heusen Corporation

Phillips-Van Heusen Corporation 
Michael Shaffer, 212-381-3523 
Executive Vice President & Chief Financial Officer 
www.pvh.com