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Phillips Van-Heusen Q2

This article was originally published in The Rose Sheet

Executive Summary

Firm records $552.4 mil. in revenue for the second quarter, a 20% increase versus the comparable period a year ago, driven by a 27% increase in the firm's Calvin Klein licensing business, in particular its fragrance business with strong performance from CKIN2U fragrance and increased sales of men's and women's Euphoria fragrance, both of which are licensed, marketed and distributed by Coty. "The global demand for the Calvin Klein brand continues to expand as we introduce new product categories and enter into new markets around the world," Chairman and CEO Emanuel Chirico said...
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