Phillips-Van Heusen (PVH +0.4%) unit Calvin Klein plans to reacquire licenses from Warnaco (WRC...

|About: PVH Corp. (PVH)|By:, SA News Editor

Phillips-Van Heusen (PVH +0.4%) unit Calvin Klein plans to reacquire licenses from Warnaco (WRC +0.8%) in order to help it re-establish its brand in Europe. The company sees sales in Europe reaching as high as $500M within 5 to 7 years for the CK line.