Warnaco Group
The Warnaco Group, Inc. was an American textile/clothing corporation which designed, sourced, marketed, licensed, and distributed a wide range of underwear, sportswear, and swimwear worldwide. Its products were sold under several brand names including Calvin Klein, Speedo, Chaps, Warner's, and Olga.
| Company type | Public |
|---|---|
| NYSE: WRC | |
| Industry | Textiles, clothing and luxury goods |
| Founded | 501 Seventh Avenue New York City, New York, United States. (1874) |
| Founder | Ira De Ver Warner, Lucien C. Warner |
| Defunct | 2013 |
| Fate | acquired by PVH in 2013 |
| Headquarters | |
Area served | Worldwide |
Key people |
|
| Revenue | US$2.51 billion(FY 2011) |
| US$181.5 million (FY 2011) | |
| US$127.5 million (FY 2011) | |
Number of employees | 7,136 (YE 2011) |
| Parent | Phillips-Van Heusen |
| Divisions | Sportswear Group:
Intimate Apparel Group:
Swimwear Group:
Distribution:
|
| Website | pvh.com |
On 31 October 2012, the company announced that it would be acquired by PVH for $2.8 billion in cash and stock.
The deal gave PVH more control of the Calvin Klein clothing brand as it will unite Calvin Klein formal, underwear, jeans and sportswear lines. It was acquired by PVH in Feb 2013.
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