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Cautionary Statement Concerning Forward-Looking Statements

Certain of the information made and to be made available on this website, including archived and upcoming webcasts of investor conferences, archived and upcoming earnings releases and similar information, contain or will certain forward-looking statements which reflected or will reflect our view of future events and financial performance. Any such forward-looking statements are subject to risks and uncertainties indicated from time to time in our SEC filings. Additionally, they are made only as of the date specifically indicated thereon or therein. As a result, our future results of operations may have differed or could differ materially from historical results or expectations at the time the information was or is provided. Please be advised that we do not undertake any obligation to update publicly any forward-looking statement, including, without limitation, any estimate regarding revenues, earnings or cash flows.

Non-GAAP Financial Measures

The information made and to be made available on this website may also include non-GAAP financial measures, as defined under SEC rules. Reconciliations of these measures are or will be included in the appropriate Current Reports on Form 8-K furnished by us to the SEC, which can be found in the Investor Relations section of this website and on the SEC’s website, www.sec.gov, or where elsewhere indicated in the information.

Market Data

We obtained or created the market and competitive position data used throughout this Website from research, surveys or studies conducted by third parties, information provided by customers and industry or general publications. Industry publications and surveys generally state that they have obtained information from sources believed to be reliable, but do not guarantee the accuracy and completeness of such information. While we believe that each of these studies and publications and other information is reliable, we have not independently verified such data and we do not make any representation as to the accuracy of such information.

Trademarks

References on this website to the brand names Calvin Klein Collection, ck Calvin Klein, Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, Bass, ARROW, Ike Behar, John Varvatos, Valentino and to other brand names are trademarks owned by us or licensed to us by third parties and are identified by italicizing the brand.



Appendices

Appendix A

Non-GAAP Earnings Before Interest and Taxes by Segment
Dollar amounts in millions Full Year Full Year
2010 2011
Heritage Brand Wholesale Dress Furnishings 73 79
Heritage Brand Wholesale Sportswear 57 19
Heritage Brand Retail 45 29
Total Heritage Brands 174 127
 
Other (Calvin Klein Apparel) 73 89
Calvin Klein Licensing 173 189
Total Calvin Klein 246 278
 
Tommy Hilfiger North America 90 126
Tommy Hilfiger International 114 227
Total Tommy Hilfiger 204 353
 
Total Divisions Excluding Corporate 624 758
Corporate (76) (84)
 
Total earnings before interest and taxes $548 $674
NOTE: Excludes certain items. Reconciled on Forms 8-K dated 3/28/11 and 3/27/12.