SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, DC 20549



                            FORM 11-K


                          ANNUAL REPORT
                PURSUANT TO SECTION 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934





(Mark One):

[x]  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [FEE REQUIRED].
For the fiscal year ended   December 31, 1994                     

                               OR


[ ]  TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED].
For the transition period from ________ to __________

Commission file number    1-724     

     A.  Full title of the plan and the address of the plan, if different 
from that of the issuer named below: Phillips-Van Heusen Corporation 
Associates Investment Plan for Hourly Associates and Phillips-Van Heusen 
Corporation Associates Investment Plan for Salaried Associates

     B.  Name of issuer of the securities held pursuant to the plan and the 
address of its principal executive office: Phillips-Van Heusen Corporation,
1290 Avenue of the Americas, New York, New York 10104




                       REQUIRED INFORMATION


     The plan financial statements, which have been prepared in accordance 
with Rule 15d-21 of the Securities and Exchange Act of 1934, have been filed 
with the Securities and Exchange Commission under cover of Form SE.


                           SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Administrative Committee has duly caused this annual report to be signed on 
its behalf by the undersigned hereunto duly authorized.




                              PHILLIPS-VAN HEUSEN CORPORATION
                              ASSOCIATES INVESTMENT PLANS   
     



Date:  June 29, 1995          By PAMELA N. HOOTKIN                         
                                   Pamela N. Hootkin, Member of
                                   Administrative Committee