PVH Corp. Announces Licensing Agreement with USPA Accessories for Van
Heusen Headwear and Bags
NEW YORK, Apr 26, 2012 (BUSINESS WIRE) --PVH Corp. (NYSE: PVH) and USPA Accessories, LLC dba Concept One
Accessories, have entered into a licensing agreement under which USPA
Accessories will market and distribute men's and boys' headwear and bags
under PVH's Van Heusen brand. The initial term of the licensing
agreement runs through 2015 and provides for a renewal at PVH's option.
The new Van Heusen headwear and bag lines will include men's and
boys' fashion headwear (excluding knit headwear) in classic shapes and
seasonal fabrics, messenger and duffel bags, and briefcases. Product
design will incorporate Van Heusen branding. The lines will be
distributed at major department stores and specialty stores throughout
the United States and Canada.
"As we continue to seek ways to grow the Van Heusen product line,
we naturally came upon headwear and bags as a great fit to the portfolio
of accessories," said Ken Wyse, President Licensing & Public Relations
of PVH Corp. "USPA Accessories has extensive knowledge and experience in
this product category and we look forward to having them on the Van
Heusen licensee team to further develop the brand."
"We are proud of our new partnership with PVH," Sam Hafif, CEO Concept
One said. "They are a world class company, with some of the most
powerful fashion brands in the world. We look forward to developing a
successful headwear and bag business under the Van Heusen brand,
and hope to expand our relationship with PVH in the future."
About PVH Corp.
PVH Corp., one of the world's largest apparel companies, owns and
markets the iconic Calvin Klein and Tommy Hilfiger brands
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, Tommy Hilfiger, IZOD, ARROW, Bass and G.H. Bass & Co.,
and its licensed brands, including Geoffrey Beene, Kenneth Cole New
York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, Chaps,
Donald J. Trump Signature Collection, JOE Joseph Abboud, DKNY, Ike Behar
and John Varvatos.
About USPA Accessories, LLC dba Concept One Accessories
Concept One Accessories is the premier resource for licensed fashion,
sports, and entertainment accessories. Its well-rounded portfolio and
expansive product offering establishes the company as the go-to resource
for fashion accessories across all channels of distribution.
Concept One's commitment to growth is demonstrated by the company's
continuous investments in production capabilities and strategic
acquisitions. Concept One's steadfast and aggressive approach to growth
will ensure the company's long term position as a proven leader in the
The company was established in 1999 by brothers Sam and Bernie Hafif and
employs over 150 people worldwide.
SOURCE: PVH Corp.
Dana Perlman, 212-381-3502
SVP - Business Development and Investor Relations
President, Licensing & Public Relations
Director of Communications