PVH Corp. Announces License Agreement with Concept One Accessories for Headwear under the IZOD Brand

  PVH Corp. Announces License Agreement with Concept One Accessories for
  Headwear under the IZOD Brand

Business Wire

NEW YORK -- February 7, 2013

PVH Corp. (NYSE: PVH) has entered a licensed agreement with USPA Accessories,
LLC dba Concept One Accessories to market and distribute men’s and boys’
non-knit headwear for the IZOD brand. The initial term of the license
agreement runs through 2015, and provides for a three-year renewal at PVH’s
option.

Under the license, Concept One will produce and distribute baseball caps,
fedoras, and military style headwear. The product will be sold at major
department and specialty stores throughout the United States, Canada and
Mexico.

“IZOD is a youthful, sport spirited brand, and we believe this new line of
headwear fits well within the IZOD brand lifestyle for our male consumers,”
said Ken Wyse, President of Licensing for PVH Corp. “We have successfully
partnered with Concept One for other PVH owned brands and believe they have
the capability to maximize the potential of this category for the IZOD brand.”

"IZOD is a heritage brand on the move" said Sam Hafif, CEO Concept One
Accessories. "Not only is it a jewel in the PVH brand portfolio, it's an
excellent brand for extension to headwear. The sporty lifestyle and vibrant
color scheme of the line lends itselfperfectly to our category, and the brand
appeals to a broad age demographic making it a great opportunity for retail
headwear programs. This agreement is our second license with PVH. We launched
headwear under PVH’s VAN HEUSEN brand last year, and we're very excited about
the expanded relationship with PVH."

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 CONCEPT ONE:

Concept One Accessories is the premier resource for licensed fashion, sports,
and entertainment accessories. Our 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 accessories business.

The company was established in 1999 by brothers Sam and Bernie Hafif and
employs over 150 people worldwide.


SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: Forward-looking statements made in this press release, including,
without limitation, statements relating to PVH Corp.’s future plans,
strategies, objectives, expectations and intentions, are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that such forward-looking statements are
inherently subject to risks and uncertainties, many of which cannot be
predicted with accuracy, and some of which might not be anticipated,
including, without limitation, the following: (i) the Company's plans,
strategies, objectives, expectations and intentions are subject to change at
any time at the discretion of the Company; (ii) the levels of sales of the
Company's licensees at wholesale and retail, and the extent of discounts and
promotional pricing in which the Company's licensees and other business
partners are required to engage, all of which can be affected by weather
conditions, changes in the economy, fuel prices, reductions in travel, fashion
trends, consolidations, repositionings and bankruptcies in the retail
industries, and other factors; (iii) civil conflict, war or terrorist acts,
the threat of any of the foregoing, or political and labor instability in any
of the countries where the Company's licensees' or other business partners'
products are sold, produced or are planned to be sold or produced; (iv)
disease epidemics and health related concerns, which could result in closed
factories, reduced workforces, scarcity of raw materials and scrutiny or
embargoing of goods produced in infected areas, as well as reduced consumer
traffic and purchasing, as consumers limit or cease shopping in order to avoid
exposure or become ill; (v) the failure of the Company's licensees to market
successfully licensed products or to preserve the value of the Company's
brands, or their misuse of the Company's brands and (vi) other risks and
uncertainties indicated from time to time in the Company's filings with the
Securities and Exchange Commission.



The Company does not undertake any obligation to update publicly any
forward-looking statement, whether as a result of the receipt of new
information, future events or otherwise.

Contact:

PVH Corp.
Investors:
Dana Perlman, 212-381-3502
Treasurer, SVP - Business Development and Investor Relations
or
Licensing:
Ken Wyse, 212-381-3628
President, Licensing
or
Media:
Jason Colin, 212-381-3937
Director of Communications
 
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