Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Oct. 31, 2010	Jan. 31, 2010	Nov. 01, 2009
Current Assets:
Cash and cash equivalents	$ 491,437	$ 480,882	$ 356,614
Trade receivables, net of allowances for doubtful accounts of $12,206, $7,224 and $9,951	541,554	188,844	272,098
Other receivables	17,456	7,759	10,329
Inventories, net	687,114	263,788	281,856
Prepaid expenses	94,751	41,038	21,111
Other, including deferred taxes of $47,022, $5,621 and $10,049	82,267	12,572	15,786
Total Current Assets	1,914,579	994,883	957,794
Property, Plant and Equipment, net	399,461	167,474	172,115
Goodwill	1,752,417	419,179	407,690
Tradenames	2,360,307	621,135	621,135
Perpetual License Rights	86,000	86,000	86,000
Other Intangibles, net	177,526	32,056	32,926
Other Assets, including deferred taxes of $78,655, $0 and $0	199,249	18,952	26,325
Total Assets	6,889,539	2,339,679	2,303,985
Current Liabilities:
Accounts payable	307,743	108,494	101,391
Accrued expenses	506,929	215,413	222,456
Deferred revenue	41,286	38,974	32,447
Total Current Liabilities	855,958	362,881	356,294
Long-Term Debt	2,523,916	399,584	399,580
Other Liabilities, including deferred taxes of $612,072, $176,449 and $181,921	1,094,507	408,661	404,659
Stockholders' Equity:
Preferred stock, par value $100 per share; 150,000 total shares authorized (142,000; 150,000 and 150,000 shares undesignated); no undesignated shares issued	0	0	0
Series A convertible preferred stock, par value $100 per share; 8,000 total shares authorized, issued and outstanding as of October 31, 2010	188,595	0	0
Common stock, par value $1 per share; 240,000,000 shares authorized; 67,108,812; 57,139,230 and 56,961,800 shares issued	67,109	57,139	56,962
Additional capital - common stock	1,286,480	596,344	586,496
Retained earnings	787,471	796,282	771,224
Accumulated other comprehensive income (loss)	96,250	(80,448)	(70,495)
Less: 168,856; 5,236,818 and 5,236,140 shares of common stock held in treasury, at cost	(10,747)	(200,764)	(200,735)
Total Stockholders' Equity	2,415,158	1,168,553	1,143,452
Total Liabilities and Stockholders' Equity	$ 6,889,539	$ 2,339,679	$ 2,303,985

Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Oct. 31, 2010	Jan. 31, 2010	Nov. 01, 2009
Current Assets:
Allowances for doubtful accounts	$ 12,206	$ 7,224	$ 9,951
Other Current Assets, deferred taxes	47,022	5,621	10,049
Other Assets, deferred taxes	78,655	0	0
LIABILITIES AND STOCKHOLDERS' EQUITY
Other Liabilities, deferred taxes	$ 612,072	$ 176,449	$ 181,921
Stockholders' Equity:
Preferred stock, par value (in dollars per share)	$ 100	$ 100	$ 100
Preferred stock, authorized (in shares)	150,000	150,000	150,000
Preferred stock, undesignated shares authorized (in shares)	142,000	150,000	150,000
Preferred stock, undesignated shares issued (in shares)	0	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, authorized (in shares)	240,000,000	240,000,000	240,000,000
Common stock, issued (in shares)	67,108,812	57,139,230	56,961,800
Shares of common stock held in treasury, at cost (in shares)	168,856	5,236,818	5,236,140
Series A Convertible Preferred Stock
Stockholders' Equity:
Preferred stock, par value (in dollars per share)	$ 100	$ 0	$ 0
Preferred stock, authorized (in shares)	8,000	0	0
Preferred stock, issued (in shares)	8,000	0	0
Preferred stock, outstanding (in shares)	8,000	0	0

Consolidated Statements of Operations Unaudited (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Oct. 31, 2010	Nov. 01, 2009	Oct. 31, 2010	Nov. 01, 2009
Income Statement [Abstract]
Net sales	$ 1,388,674	$ 603,616	$ 2,930,801	$ 1,536,771
Royalty revenue	94,133	70,600	227,098	182,089
Advertising and other revenue	33,612	23,224	80,832	65,288
Total revenue	1,516,419	697,440	3,238,731	1,784,148
Cost of goods sold	722,952	359,766	1,552,990	908,892
Gross profit	793,467	337,674	1,685,741	875,256
Selling, general and administrative expenses	615,176	247,238	1,427,013	684,257
Debt extinguishment costs	0	0	6,650	0
Other loss	0	0	140,490	0
Income before interest and taxes	178,291	90,436	111,588	190,999
Interest expense	41,734	8,370	89,822	25,114
Interest income	509	237	1,097	1,136
Income before taxes	137,066	82,303	22,863	167,021
Income tax expense (benefit)	56,334	(1,316)	24,331	32,134
Net income (loss)	$ 80,732	$ 83,619	$ (1,468)	$ 134,887
Basic net income (loss) per common share	$ 1.15	$ 1.62	$ (0.03)	$ 2.61
Diluted net income (loss) per common share	$ 1.12	$ 1.58	$ (0.03)	$ 2.58
Dividends declared per common share	$ 0.0375	$ 0.0375	$ 0.1125	$ 0.1125

Consolidated Statements of Cash Flows Unaudited (USD $)
In Thousands, unless otherwise specified

9 Months Ended

Oct. 31, 2010

Nov. 01, 2009

OPERATING ACTIVITIES

Net (loss) income

$ (1,468)

$ 134,887

Adjustments to reconcile to net cash provided by operating activities:

Losses on settlement of derivative instruments related to the acquisition of Tommy Hilfiger

140,490

Depreciation and amortization

113,610

37,696

Deferred taxes

(1,434)

1,534

Stock-based compensation expense

23,050

9,369

Impairment of long-lived assets

2,558

7,290

Debt extinguishment costs

6,650

Changes in operating assets and liabilities:

Trade receivables, net

(206,464)

(84,456)

Inventories, net

(137,116)

2,700

Accounts payable, accrued expenses and deferred revenue

173,185

5,409

Prepaid expenses

(30,915)

14,169

Other, net

54,198

(47,470)

Net cash provided by operating activities

136,344

81,128

INVESTING ACTIVITIES(1)

Business acquisitions, net of cash acquired

(2,492,816)

(5,699)

Purchase of property, plant and equipment

(55,399)

(19,395)

Contingent purchase price payments

(29,829)

(25,668)

Losses on settlement of derivative instruments related to the acquisition of Tommy Hilfiger

(140,490)

Net cash used by investing activities

(2,718,534)

^[1]

(50,762)

^[1]

FINANCING ACTIVITIES(1)

Net proceeds from common stock offering

364,860

Net proceeds from preferred stock issuance

188,595

Net proceeds from issuance of debt

584,534

Net proceeds from credit facilities

1,824,475

Extinguishment of debt

(303,645)

Repayment of credit facilities

(100,000)

Net proceeds from settlement of awards under stock plans

20,330

3,769

Excess tax benefits from awards under stock plans

7,759

529

Cash dividends

(7,343)

(5,846)

Acquisition of treasury shares

(2,478)

(371)

Net cash provided (used) by financing activities

2,577,087

^[1]

(1,919)

Effect of exchange rate changes on cash and cash equivalents

15,658

Increase in cash and cash equivalents

10,555

28,447

Cash and cash equivalents at beginning of period

480,882

328,167

Cash and cash equivalents at end of period

$ 491,437

$ 356,614

[1]	See Note 14 for information on noncash investing and financing transactions.

GENERAL	9 Months Ended
GENERAL	Oct. 31, 2010
Notes to Financial Statements [Abstract]
GENERAL	1. GENERAL The consolidated financial statements include the accounts of Phillips-Van Heusen Corporation and its subsidiaries (the "Company"). The Company's fiscal years are based on the 52-53 week period ending on the Sunday closest to February 1 and are designated by the calendar year in which the fiscal year commences. References to a year are to the Company's fiscal year, unless the context requires otherwise. The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information. Accordingly, they do not contain all disclosures required by accounting principles generally accepted in the United States for complete financial statements. Reference should be made to the audited consolidated financial statements, including the notes thereto, included in the Company's Annual Report on Form 10-K for the year ended January 31, 2010. The preparation of interim financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ materially from the estimates. The results of operations for the thirteen and thirty-nine weeks ended October 31, 2010 and November 1, 2009 are not necessarily indicative of those for a full fiscal year due, in part, to seasonal factors. The data contained in these financial statements are unaudited and are subject to year-end adjustments. However, in the opinion of management, all known adjustments (which consist only of normal recurring accruals) have been made to present fairly the consolidated operating results for the unaudited periods. Certain reclassifications have been made to the consolidated financial statements and the notes thereto for the prior year periods to present that information on a basis consistent with the current year. References to the brand names Calvin Klein Collection, ck Calvin Klein, Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, Bass, G.H. Bass & Co., ARROW, Eagle, Geoffrey Beene, CHAPS, Sean John, Trump, Donald J. Trump Signature Collection, JOE Joseph Abboud, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Michael Kors Collection, DKNY, Elie Tahari, Nautica, Ike Behar, Ted Baker, Jones New York, J. Garcia, Claiborne, Robert Graham, U.S. POLO ASSN., Axcess and Timberland and to other brand names are to registered trademarks owned by the Company or licensed to the Company by third parties and are identified by italicizing the brand name.

- Definition

Description containing the entire organization, consolidation and basis of presentation of financial statements disclosure. May be provided in more than one note to the financial statements, as long as users are provided with an understanding of (1) the significant judgments and assumptions made by an enterprise in determining whether it must consolidate a VIE and/or disclose information about its involvement with a VIE, (2) the nature of restrictions on a consolidated VIE's assets reported by an enterprise in its statement of financial position, including the carrying amounts of such assets, (3) the nature of, and changes in, the risks associated with an enterprise's involvement with the VIE, and (4) how an enterprise's involvement with the VIE affects the enterprise's financial position, financial performance, and cash flows. Describes procedure if disclosures are provided in more than one note to the financial statements.

+ References+ Details

INVENTORIES	9 Months Ended
INVENTORIES	Oct. 31, 2010
Notes to Financial Statements [Abstract]
INVENTORIES	2. INVENTORIES Inventories related to the Company's wholesale and international retail operations, comprised principally of finished goods, are stated at the lower of cost or market. Inventories related to the Company's North American retail operations, comprised entirely of finished goods, are stated at the lower of average cost or market using the retail inventory method. Under the retail inventory method, the valuation of inventories at cost is calculated by applying a cost-to-retail ratio to the retail value of inventories. Permanent and point of sale markdowns, when recorded, reduce both the retail and cost components of inventory on hand so as to maintain the already established cost-to-retail relationship.

ACQUISITIONS

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

ACQUISITIONS

3. ACQUISITIONS

Acquisition of Tommy Hilfiger

The Company acquired on May 6, 2010 all of the outstanding equity interests of Tommy Hilfiger B.V. and certain affiliated companies (collectively, "Tommy Hilfiger"). The results of Tommy Hilfiger's operations have been included in the Company's consolidated financial statements since that date. Tommy Hilfiger designs, sources and markets men's and women's sportswear and activewear, jeanswear and other products worldwide and licenses its brands worldwide over a broad range of products.

The Company believes Tommy Hilfiger's established international platform in Europe will be a strategic complement to the Company's strong North American presence and provides the Company with the resources and expertise needed to grow its heritage brands and businesses internationally.

Fair Value of the Acquisition Consideration

The acquisition date fair value of the consideration paid at closing, based on applicable exchange rates in effect on the closing date, totaled $2,961,074, which consisted of the following:

Cash	$2,485,467
Common stock (7,873 shares, par value $1.00 per share)	475,607
Total fair value of the acquisition consideration	$2,961,074

The fair value of the 7,873 common shares issued was equal to the aggregate value of the shares at the closing market price of the Company's common stock on May 5, 2010, the day prior to the closing. The value is not the same as the value of the shares as determined pursuant to the acquisition agreement, due to the fluctuation in the market price of the Company's common stock between the date of the acquisition agreement and the date of the acquisition closing.

The Company funded the cash portion and related costs of the Tommy Hilfiger acquisition with cash on hand and the net proceeds of the following activities: (i) the sale on April 28, 2010 of 5,750 shares of the Company's common stock; (ii) the issuances of an aggregate of 8 shares of Series A convertible preferred stock, which are currently convertible into 4,189 shares of the Company's common stock, for an aggregate gross purchase price of $200,000; (iii) the issuance of $600,000 of 7 3/8% senior notes due 2020; and (iv) the borrowing of approximately $1,900,000 of term loans under new credit facilities.

Please see the notes entitled "Goodwill and Other Intangible Assets," "Debt" and "Stockholders' Equity" for a further discussion of these aspects of the acquisition.

The Company incurred certain pre-tax costs directly associated with the acquisition, totaling approximately $61,000, which are included within selling, general and administrative expenses in its financial statements. The Company also recorded a loss of $140,490 during the thirty-nine weeks ended October 31, 2010 associated with hedges against the Euro to United States dollar exchange rate relating to the purchase price. The Company incurred costs totaling $28,920 associated with the issuance of the common and preferred shares related to the acquisition, which were deducted from the recognized proceeds of issuance within stockholders' equity. The Company incurred costs totaling $70,871 associated with the issuance of debt related to the acquisition, which will be amortized over the term of the related debt agreement.

Tommy Hilfiger had total revenue of $1,240,572 and net income, after non-cash valuation amortization charges and transaction and integration costs, of $31,840 for the period from the date of acquisition through October 31, 2010. These amounts are included in the Company's results of operations for the thirteen and thirty-nine week periods then ended.

Pro Forma Impact of the Transaction

The following table presents the Company's pro forma consolidated results of operations as if the acquisition and the related financing transactions had occurred on February 2, 2009 (the first day of its fiscal year ended January 31, 2010) instead of on May 6, 2010. The pro forma results were calculated applying the Company's accounting policies and reflect: (i) the impact on depreciation and amortization based on what would have been charged related to the fair value adjustments to Tommy Hilfiger's property, plant and equipment and the intangible assets recorded in connection with the acquisition; (ii) the impact on interest expense and interest income resulting from changes to the Company's capital structure in connection with the acquisition; (iii) the impact on cost of goods sold resulting from acquisition date adjustments to the fair value of inventory; and (iv) the tax effects of the above adjustments. The pro forma results do not include any anticipated cost synergies or other effects of the planned integration of Tommy Hilfiger. Accordingly, such pro forma amounts are not necessarily indicative of the results that actually would have occurred had the acquisition been completed on February 2, 2009, nor are they indicative of the future operating results of the combined company.

	Pro Forma Thirteen Weeks Ended		Pro Forma Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Total revenue	$1,516,419	$1,308,217	$3,884,615	$3,465,270
Net income	113,267	55,878	228,061	59,399

Allocation of the Acquisition Consideration

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition:

Trade receivables	$ 133,203
Inventories	273,762
Prepaid expenses	24,029
Other current assets	103,509
Property, plant and equipment	238,026
Goodwill	1,193,939
Tradenames	1,635,417
Other intangibles	172,069
Other assets	116,807
Accounts payable	91,436
Accrued expenses	200,737
Other liabilities	637,514

The Company is still in the process of valuing the assets acquired and liabilities assumed; thus, the allocation of the purchase price is subject to change.

In connection with the acquisition, the Company recorded goodwill of $1,193,939, which was assigned to the Company's Tommy Hilfiger North America and Tommy Hilfiger International segments (See Note 15, "Segment Data") in the amounts of $143,273 and $1,050,666, respectively. None of the goodwill is expected to be deductible for tax purposes. The Company also recorded other intangible assets of $1,807,486, which included customer relationships of $138,724, covenants not to compete of $1,527 and order backlog of $31,818, which are all amortizable, as well as indefinitely-lived tradenames of $1,635,417.

Acquisition of Tommy Hilfiger Handbag License

On June 14, 2010, the Company entered into an agreement to reacquire from a licensee, prior to the expiration of the license, the rights to distribute internationally Tommy Hilfiger brand handbags. The effective date of the transfer of the rights is December 31, 2010. In connection with this transaction, the Company made a payment of $7,349, based on the applicable exchange rate in effect on the acquisition date, to the licensee during the second quarter of 2010.

The transaction is being accounted for as a business combination. The Company's preliminary assessment of the assets to be acquired by the Company on December 31, 2010 is that no amortizable intangible assets will be acquired. Until a complete allocation of the purchase price is finalized, the Company has classified the entire purchase price as goodwill.

Acquisition of Block Assets

The Company acquired in February 2009 from Block Corporation ("Block"), a former licensee of Van Heusen and IZOD "big and tall" sportswear in the United States, inventories and inventory purchase commitments related to the licensed business. As part of this transaction, the license agreements between the Company and Block were terminated. The Company paid $5,699 during the first quarter of 2009 in connection with the transaction.

GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

4. GOODWILL AND OTHER INTANGIBLE ASSETS

The changes in the carrying amount of goodwill for the period ended October 31, 2010, by segment, were as follows:

	Heritage
	Brand	Heritage		Tommy
	Wholesale	Brand		Hilfiger	Tommy
	Dress	Wholesale	Calvin Klein	North	Hilfiger
	Furnishings	Sportswear	Licensing	America	International	Total

Balance as of January 31, 2010
Goodwill, gross	$ 74,932	$ 84,553	$ 259,694	$ -	$ -	$ 419,179
Accumulated impairment losses	-	-	-	-	-	-
Goodwill, net	74,932	84,553	259,694	-	-	419,179
Contingent purchase price payments to
Mr. Calvin Klein	-	-	32,022	-	-	32,022
Goodwill from acquisition of
Tommy Hilfiger	-	-	-	143,273	1,050,666	1,193,939
Goodwill from acquisition of
Tommy Hilfiger handbag license	-	-	-	-	7,349	7,349
Currency translation	(34)	-	(27)	-	99,989	99,928
Balance as of October 31, 2010	74,898	84,553	291,689	143,273	1,158,004	1,752,417
Goodwill, gross
Accumulated impairment losses	-	-	-	-	-	-
Goodwill, net	$ 74,898	$ 84,553	$ 291,689	$ 143,273	$1,158,004	$1,752,417

The Company is required to make contingent purchase price payments to Mr. Calvin Klein in connection with the Company's acquisition in 2003 of all of the issued and outstanding stock of Calvin Klein, Inc. and certain affiliated companies (collectively, "Calvin Klein"). Such payments are based on 1.15% of total worldwide net sales, as defined in the agreement (as amended) governing the Calvin Klein acquisition, of products bearing any of the Calvin Klein brands and are required to be made with respect to sales made through February 12, 2018. A significant portion of the sales on which the payments to Mr. Klein are made are wholesale sales by the Company and its licensees and other partners to retailers.

The Company's intangible assets subject to amortization consisted of the following:

	Customer Relationships
	Gross
	Carrying	Accumulated	Currency
	Amount	Amortization	Translation	Net

Balance as of January 31, 2010	$ 35,507	$ (7,299)	$ -	$ 28,208
Amount recorded in connection with the acquisition of Tommy Hilfiger	138,724	-	-	138,724
Amortization	-	(6,488)	-	(6,488)
Currency translation	-	-	12,601	12,601
Balance as of October 31, 2010	$ 174,231	$ (13,787)	$ 12,601	$ 173,045

	Covenants Not to Compete
	Gross
	Carrying	Accumulated	Currency
	Amount	Amortization	Translation	Net

Balance as of January 31, 2010	$ 600	$ (420)	$ -	$ 180
Amount recorded in connection with the acquisition of Tommy Hilfiger	1,527	-	-	1,527
Amortization	-	(432)	-	(432)
Currency translation	-	-	113	113
Balance as of October 31, 2010	$ 2,127	$ (852)	$ 113	$ 1,388

	Order Backlog
	Gross
	Carrying	Accumulated	Currency
	Amount	Amortization	Translation	Net

Balance as of January 31, 2010	$ -	$ -	$ -	$ -
Amount recorded in connection with the acquisition of Tommy Hilfiger	31,818	-	-	31,818
Amortization	-	(32,287)	-	(32,287)
Currency translation	-	-	469	469
Balance as of October 31, 2010	$ 31,818	$ (32,287)	$ 469	$ -

	License Rights
	Gross Carrying	Accumulated
	Amount	Amortization	Net

Balance as of January 31, 2010	$ 5,007	$ (1,339)	$ 3,668
Amortization	-	(575)	(575)
Balance as of October 31, 2010	$ 5,007	$ (1,914)	$ 3,093

Customer relationships recorded in connection with the acquisition of Tommy Hilfiger are amortized principally over 15 years from the date of acquisition. Covenants not to compete in connection with the Tommy Hilfiger acquisition are amortized over two years from the date of acquisition. Order backlog in connection with the Tommy Hilfiger acquisition is amortized over six months from the date of acquisition. As of October 31, 2010, the weighted average life of the amortizable intangible assets recorded in connection with the acquisition of Tommy Hilfiger was 14.4 years.

Customer relationships and license rights recorded as of January 31, 2010 are amortized principally over 15 years from the date of the related acquisition. Covenants not to compete recorded as of January 31, 2010 are amortized over ten years from the date of acquisition.

As of October 31, 2010, accumulated amortization for other intangible assets was $48,840.

Amortization expense, a portion of which is subject to exchange rate fluctuation, for the remainder of 2010 and the next five years thereafter related to the Company's intangible assets is expected to be as follows:

Remainder of 2010	$ 3,503
2011	13,659
2012	13,032
2013	12,764
2014	12,764
2015	12,764

The Company's intangible assets not subject to amortization consisted of the following:

		Perpetual
	Tradenames	License Rights	Total
Balance as of January 31, 2010	$ 621,135	$ 86,000	$ 707,135
Amount recorded in connection with the acquisition of Tommy Hilfiger	1,635,417	-	1,635,417
Currency translation	103,755	-	103,755
Balance as of October 31, 2010	$ 2,360,307	$ 86,000	$ 2,446,307

- Definition

Discloses the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain or loss on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. This element may be used as a single block of text to include the entire intangible asset disclosure including data and tables.

+ References+ Details

RETIREMENT AND BENEFIT PLANS

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

RETIREMENT AND BENEFIT PLANS

5. RETIREMENT AND BENEFIT PLANS

The Company has five noncontributory defined benefit pension plans covering substantially all employees resident in the United States (not currently including any employees associated with the businesses acquired in the Tommy Hilfiger acquisition) who meet certain age and service requirements. For those vested (after five years of service), the plans provide monthly benefits upon retirement based on career compensation and years of credited service.

The Company also has for certain of such employees an unfunded non-qualified supplemental defined benefit pension plan, which provides benefits for compensation in excess of Internal Revenue Service earnings limits and requires payments to vested employees upon, or shortly after, employment termination or retirement.

As a result of the Company’s acquisition of Tommy Hilfiger, the Company also has for certain members of Tommy Hilfiger’s domestic senior management a supplemental executive retirement plan (“SERP Plan”), which is a non-qualified unfunded supplemental defined benefit pension plan. Such plan is frozen and, as a result, participants do not accrue additional benefits.

In addition to the defined benefit pension plans described above, the Company has a capital accumulation program (“CAP Plan”), which is an unfunded non-qualified supplemental defined benefit plan covering four current and 16 retired executives resident in the United States. Under the individual participants’ CAP Plan agreements, the participants will receive a predetermined amount during the 10 years following the attainment of age 65, provided that prior to the termination of employment with the Company, the participant has been in the CAP Plan for at least 10 years and has attained age 55.

The Company also provides certain postretirement health care and life insurance benefits to certain retirees resident in the United States. Retirees contribute to the cost of this plan, which is unfunded. During 2002, the postretirement plan was amended to eliminate benefits for active participants who, as of January 1, 2003, had not attained age 55 and 10 years of service.

Net benefit cost related to the Company’s pension plans was recognized as follows:

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Service cost, including plan expenses	$ 2,379	$ 1,910	$ 7,137	$ 5,728
Interest cost	4,461	4,234	13,383	12,702
Amortization of net loss	1,895	583	5,685	1,753
Expected return on plan assets	(4,993)	(4,899)	(14,978)	(15,021)
Amortization of prior service credit	(15)	(7)	(46)	(22)
Total	$ 3,727	$ 1,821	$ 11,181	$ 5,140

Net benefit cost related to the CAP Plan and SERP Plan was recognized as follows:

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Service cost, including plan expenses	$ 23	$ 18	$ 68	$ 53
Interest cost	463	235	1,159	723
Amortization of net gain	-	(7)	-	(25)
Total	$ 486	$ 246	$ 1,227	$ 751

Net benefit cost related to the Company’s postretirement health plan was recognized as follows:

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Interest cost	$ 273	$ 364	$ 818	$1,094
Amortization of net loss	-	65	-	194
Amortization of prior service credit	(204)	(204)	(613)	(613)
Total	$ 69	$ 225	$ 205	$ 675

- Definition

Description containing the entire pension and other postretirement benefits disclosure as a single block of text.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 158

-Paragraph 7, 21, 22

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5, 6, 7, 8

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 8

-Subparagraph m

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 106

-Paragraph 518

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 87

-Paragraph 264

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph b

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph a

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph h

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 132R

-Paragraph 5

-Subparagraph q

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS106-2

-Paragraph 20, 21, 22

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 03-2

-Paragraph 8

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 30

-Paragraph 26

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Implementation Guide (Q and A)

-Number FAS88

-Paragraph 63

+ Details

COMPREHENSIVE INCOME

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

COMPREHENSIVE INCOME

6. COMPREHENSIVE INCOME

Comprehensive income was as follows:

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Net income (loss)	$ 80,732	$83,619	$ (1,468)	$134,887
Foreign currency translation adjustments, net of
tax expense of $735; $312; $113 and $1,048	129,660	514	183,997	1,724
Change related to retirement and benefit plan
costs, net of tax expense of $634; $163; $1,901
and $486	1,042	267	3,125	801
Unrealized losses on derivative financial
instruments, net of tax benefit (expense) of $63;
$0; $(324) and $0	(8,166)	-	(10,424)	-
Comprehensive income	$203,268	$84,400	$175,230	$137,412

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References+ Details

DEBT

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

DEBT

7. DEBT

Short-Term Borrowings

One of the Company’s subsidiaries has a Yen-denominated overdraft facility with a Japanese bank, which provides for borrowings of ¥600,000 (approximately $7,500 based on the Yen to United States dollar exchange rate in effect on October 31, 2010) and is utilized to fund working capital. Borrowings under the facility are unsecured and bear interest at the one month Japanese inter-bank borrowing rate (“TIBOR”) plus 0.20%. Such facility matures on May 31, 2011. There were no borrowings outstanding under this facility as of October 31, 2010.

Long-Term Debt

The carrying amounts of the Company’s long-term debt were as follows:

	10/31/10	11/1/09

Senior secured term loan A facility due 2015	$ 479,737	$ -
Senior secured term loan B facility due 2016	1,344,582	-
7 3/8% senior unsecured notes due 2020	600,000	-
7 3/4% debentures due 2023	99,597	99,580
7 1/4% senior unsecured notes due 2011	-	150,000
8 1/8% senior unsecured notes due 2013	-	150,000
Total	$2,523,916	$ 399,580

Senior Secured Credit Facilities

On May 6, 2010, the Company entered into a new senior secured credit facility, which consists of a Euro-denominated term loan A facility, a United States dollar-denominated term loan A facility, a Euro-denominated term loan B facility, a United States dollar-denominated term loan B facility, a United States dollar-denominated revolving credit facility and two multi-currency (one United States dollar and Canadian dollar, and the other Euro, Japanese Yen and British Pound) revolving credit facilities. These credit facilities provide for borrowings equal to an aggregate of approximately $2,385,000 (based on applicable exchange rates in effect on October 31, 2010), consisting of (i) an aggregate of approximately $1,925,000 of term loan facilities, which had been borrowed in full at May 6, 2010 and for which the Company made repayments of $100,000 during the second quarter of 2010; and (ii) approximately $460,000 of revolving credit facilities, under which the Company had no revolving credit borrowings and $136,968 of letters of credit outstanding as of October 31, 2010.

The term loan A facilities and the revolving credit facilities will mature on May 6, 2015 and the term loan B facilities will mature on May 6, 2016. Borrowings under the credit facilities bear interest at a rate equal to an applicable margin plus a variable rate, each of which is determined based on the jurisdiction of such borrowings. The terms of each of the term loan A and B facilities contain a mandatory repayment schedule on a quarterly basis, such that the total annual repayments are as follows:

	Term Loan
	A	B

Originally borrowed on May 6, 2010, based on the applicable exchange rate at that date	$494,970	$1,384,910

Percentage required to be repaid for the annual period ending May 6:
2011	5%	1%
2012	10%	1%
2013	15%	1%
2014	25%	1%
2015	45%	1%
2016	-	95%

Additionally, in the event there is consolidated Excess Cash Flow, as defined in the credit agreement, for any fiscal year, the Company is required to prepay a percentage of such amount based on its Leverage Ratio, as calculated in accordance with the credit agreement. Such amount will be reduced by any repayments made during the preceding fiscal year.

All repayments made under the term loan A and term loan B facilities are applied on a pro rata basis, determined by the amounts then outstanding under each. In addition, the Company has the ability to prepay at any time the outstanding borrowings under the new senior secured credit facility without penalty (other than customary breakage costs).

The United States dollar-denominated borrowings under the senior secured credit facility bear interest at a rate equal to an applicable margin plus, as determined at the Company’s option, either (a) a base rate determined by reference to the higher of (i) the prime rate, (ii) the United States federal funds rate plus 1/2 of 1% and (iii) a one-month adjusted Eurocurrency rate plus 1% (provided, that, in the case of the term loan A and B facilities, in no event will the base rate be deemed to be less than 2.75%); or (b) an adjusted Eurocurrency rate, calculated in a manner set forth in the senior secured credit facility (provided, that, in the case of the term loan A and B facilities, in no event will the adjusted Eurocurrency rate be deemed to be less than 1.75%).

Canadian dollar-denominated borrowings under the revolving credit facility bear interest at a rate equal to an applicable margin plus, as determined at the Company’s option, either (a) a Canadian prime rate determined by reference to the greater of (i) the average of the rates of interest per annum equal to the per annum rate of interest quoted, published and commonly known in Canada as the “prime rate” or which Royal Bank of Canada establishes at its main office in Toronto, Ontario as the reference rate of interest in order to determine interest rates for loans in Canadian dollars to its Canadian borrowers and (ii) the sum of (x) the average of the rates per annum for Canadian dollar bankers’ acceptances having a term of one month that appears on the Reuters Screen CDOR Page as of 10:00 a.m. (Toronto time) on the date of determination, as reported by the administrative agent (and if such screen is not available, any successor or similar service as may be selected by the administrative agent), and (y) 1%, or (b) an adjusted Eurocurrency rate, calculated in a manner set forth in the senior secured credit facility.

The borrowings under the senior secured credit facility in currencies other than United States dollars or Canadian dollars bear interest at a rate equal to an applicable margin plus an adjusted Eurocurrency rate, calculated in a manner set forth in the senior secured credit facility (provided that, in the case of the term loan A and B facilities, in no event will the adjusted Eurocurrency rate be deemed to be less than 1.75%).

The initial applicable margins are (a) in the case of the United States dollar-denominated term loan A facility and the United States dollar-denominated term loan B facility, 3.00% for adjusted Eurocurrency rate loans and 2.00% for base rate loans, as applicable, (b) in the case of the Euro-denominated term loan A facility and the Euro-denominated term loan B facility, 3.25% and (c) in the case of the revolving credit facilities, (x) for borrowings denominated in United States dollars, 3.00% for adjusted Eurocurrency rate loans and 2.00% for base rate loans, as applicable, (y) for borrowings denominated in Canadian dollars, 3.00% for adjusted Eurocurrency rate loans and 2.00% for Canadian prime rate loans, as applicable, and (z) for borrowings denominated in other currencies, 3.25%. After the date of delivery of the compliance certificate and financial statements with respect to the Company’s period ending January 30, 2011, the applicable margin for borrowings under the term loan A facilities and the revolving credit facilities will be adjusted depending on the Company’s Leverage Ratio.

7 3/8% Senior Notes Due 2020

On May 6, 2010, the Company issued $600,000 principal amount of 7 3/8% senior notes due May 15, 2020 under an indenture between the Company and U.S. Bank National Association, as trustee. Interest on the 7 3/8% notes is payable semi-annually in arrears on May 15 and November 15 of each year, commencing November 15, 2010.

The Company may redeem some or all of these notes on or after May 15, 2015 at specified redemption prices. The Company may redeem some or all of these notes at any time prior to May 15, 2015 by paying a “make whole” premium. In addition, the Company may also redeem up to 35% of these notes prior to May 15, 2013 with the net proceeds of certain equity offerings.

Prior Senior Secured Revolving Credit Facility

On May 6, 2010, the Company terminated its $325,000 secured revolving credit facility with JP Morgan Chase Bank, N.A., as the Administrative Agent and Collateral Agent, which was scheduled to expire in July 2012.

Tender for and Redemption of 2011 Notes and 2013 Notes

The Company commenced tender offers on April 7, 2010 for (i) all of the $150,000 outstanding principal amount of its notes due 2011; and (ii) all of the $150,000 outstanding principal amount of its notes due 2013. The tender offers expired on May 4, 2010. On May 6, 2010, the Company accepted for purchase all of the notes tendered and made payment to tendering holders and called for redemption all of the balance of its outstanding 7 1/4% senior notes due 2011 and all of the balance of its outstanding 8 1/8% senior notes due 2013. The redemption prices of the notes due 2011 and 2013 were 100.000% and 101.354%, respectively, of the outstanding aggregate principal amount of each applicable note, plus accrued and unpaid interest thereon to the redemption date. On May 6, 2010, the Company made an irrevocable cash deposit, including accrued and unpaid interest, to the trustee for the notes due 2011 and 2013. As a result, such notes were satisfied and effectively discharged as of May 6, 2010.

The Company incurred a loss of $6,650 during the second quarter of 2010 on the extinguishment of its 7 1/4% senior notes due 2011 and its 8 1/8% senior notes due 2013.

DERIVATIVE FINANCIAL INSTRUMENTS

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

8. DERIVATIVE FINANCIAL INSTRUMENTS

The Company entered into foreign currency forward exchange contracts with respect to €1,300,000 during the first quarter of 2010 and €250,000 during the second quarter of 2010 in connection with the acquisition of Tommy Hilfiger to hedge against its exposure to changes in the exchange rate for the Euro, as a portion of the acquisition purchase price was payable in cash and denominated in Euros. Such foreign currency forward exchange contracts were not designated as hedging instruments. The Company settled the foreign currency forward exchange contracts at a loss of $140,490 on May 6, 2010 in connection with the Company’s completion of the Tommy Hilfiger acquisition. Such loss is reflected in Other Loss in the Company’s Consolidated Statements of Operations.

The Company has exposure to changes in foreign currency exchange rates related to certain anticipated cash flows associated with international inventory purchases of Tommy Hilfiger. To help manage this exposure, the Company periodically uses foreign currency forward exchange contracts. The Company does not use derivative financial instruments for trading or speculative purposes.

The Company records the foreign currency forward exchange contracts at fair value in its consolidated balance sheets. Changes in fair value of foreign currency forward exchange contracts that are designated as hedging instruments and which are deemed to be effective hedges are deferred in equity as a component of accumulated other comprehensive loss. No contracts were excluded from effectiveness testing. Changes in the fair value of foreign currency forward exchange contracts that are not designated as effective hedging instruments are immediately recognized in earnings.

The following table summarizes the fair value and presentation in the consolidated balance sheets for the Company’s foreign currency forward exchange contracts:

Asset Derivatives (Classified in Other Current Assets)			Liability Derivatives (Classified in Accrued Expenses)
	10/31/10	11/1/09		10/31/10	11/1/09

	$1,280	$ -		$18,414	$ -

At October 31, 2010, the notional amount of foreign currency forward exchange contracts outstanding was approximately $215,000 against the Euro and $46,000 against the Canadian dollar. Such contracts expire between November 2010 and August 2011.

The following table summarizes the effect of the Company’s derivatives designated as hedging instruments, which consist of the foreign currency forward exchange contracts for inventory purchases:

			Gain (Loss) Reclassified from
	Amount of Loss		Accumulated Other Comprehensive			Loss Recognized in
	Recognized in Other		Loss into Income (Expense)			Income on Derivatives
	Comprehensive Loss on Derivatives		(Effective Portion)			(Ineffective Portion)
	(Effective Portion)		Location	Amount		Location	Amount
	10/31/10	11/1/09		10/31/10	11/1/09		10/31/10	11/1/09
Thirteen Weeks Ended	$ (6,003)	$ -	Cost of goods sold	$ 2,226	$ -	Selling, general and administrative expenses	$ (124)	$ -

Thirty-Nine Weeks Ended	$ (11,788)	$ -	Cost of goods sold	$ (1,688)	$ -	Selling, general and administrative expenses	$ (6,230)	$ -

The balance in accumulated other comprehensive loss on foreign currency forward exchange contracts at October 31, 2010 will be recognized principally in the next 12 months in the Consolidated Statements of Operations as costs of goods sold as the underlying inventory is purchased and sold.

Please refer to Note 9 “Fair Value Measurements,” for disclosures on fair value measurements of the Company’s derivative financial instruments. The Company had no derivative financial instruments with credit risk related contingent features underlying the related contracts as of October 31, 2010.

FAIR VALUE MEASUREMENTS

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

FAIR VALUE MEASUREMENTS

9. FAIR VALUE MEASUREMENTS

Financial Accounting Standards Board ("FASB") guidance for fair value measurements defines fair value as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants at the measurement date. It also establishes a three level hierarchy that prioritizes the inputs used to measure fair value. The three levels of the hierarchy are defined as follows:

Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.

Level 2 - Observable inputs other than quoted prices included in Level 1, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in inactive markets, inputs other than quoted prices that are observable for the asset or liability and inputs derived principally from or corroborated by observable market data.

Level 3 - Unobservable inputs reflecting the Company's own assumptions about the inputs that market participants would use in pricing the asset or liability based on the best information available.

In accordance with the fair value hierarchy described above, the following table shows the fair value of the Company's financial assets and liabilities that were required to be remeasured at fair value on a recurring basis during the thirty-nine weeks ended October 31, 2010:

				Total Fair
	Fair Value Measurement Using			Value at
Description	Level 1	Level 2	Level 3	10/31/10
Derivative instrument assets	N/A	$ 1,280	N/A	$ 1,280
Derivative instrument liabilities	N/A	$18,414	N/A	$18,414

Derivative instruments presented above represent gains and losses on foreign currency forward exchange contracts, which are measured as the difference between (i) the United States dollars to be purchased at each contract's settlement date and (ii) the United States dollar value of the foreign currency to be sold at the period end forward rate.

There were no financial assets or liabilities that were required to be remeasured at fair value on a recurring basis during the thirty-nine weeks ended November 1, 2009.

In accordance with FASB guidance for the impairment or disposal of long-lived assets, long-lived assets with a carrying amount of $2,758 and $9,575 were written down to a fair value of $200 and $2,285 during the thirty-nine weeks ended October 31, 2010 and November 1, 2009, respectively. Fair value was determined based on the estimated discounted future cash flows associated with the assets using current sales trends and market participant assumptions, or on the quoted contractual selling prices of such assets, less the related selling costs, as applicable.

The following tables show the fair value of the Company's non-financial assets and liabilities that were required to be remeasured at fair value on a nonrecurring basis (consisting of property and equipment) during the thirty-nine weeks ended October 31, 2010 and November 1, 2009, and the total impairments recorded as a result of the remeasurement process:

				Fair Value	Total
				as of	Impairments for
	Fair Value Measurement Using			Impairment	Thirty-Nine Weeks
	Level 1	Level 2	Level 3	Date	Ended

Thirty-nine weeks ended 10/31/10	N/A	$ 200	$ -	$ 200	$ 2,558
Thirty-nine weeks ended 11/1/09	N/A	$1,425	$ 860	$ 2,285	$ 7,290

The carrying amounts and the fair values of the Company's cash and cash equivalents and long-term debt for the periods ended October 31, 2010 and November 1, 2009 were as follows:

	10/31/10		11/1/09
	Carrying	Fair	Carrying	Fair
	Amount	Value	Amount	Value

Cash and cash equivalents	$ 491,437	$ 491,437	$356,614	$356,614
Long-term debt	2,523,916	2,595,381	399,580	392,000

The fair values of cash and cash equivalents approximate their carrying values due to the short-term nature of these instruments. The Company estimates the fair value of its long-term debt using quoted market prices as of the last business day of the applicable quarter.

- Definition

This item represents the complete disclosure regarding the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the Company is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risk is are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References+ Details

STOCK-BASED COMPENSATION

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

STOCK-BASED COMPENSATION

10. STOCK-BASED COMPENSATION

The Company's 2006 Stock Incentive Plan (the "2006 Plan") was approved at the Company's Annual Meeting of Stockholders held in June 2006. The 2006 Plan replaced the Company's then-existing 1997, 2000 and 2003 Stock Option Plans. The 1997, 2000 and 2003 Stock Option Plans terminated on the date of such approval, other than with respect to outstanding options under those plans, which continue to be governed by the respective plan under which they were granted. Shares issued as a result of stock-based compensation transactions generally have been funded with the issuance of new shares of the Company's common stock.

The Company may grant the following types of incentive awards under the 2006 Plan: (i) non-qualified stock options ("NQs"); (ii) incentive stock options ("ISOs"); (iii) stock appreciation rights; (iv) restricted stock; (v) restricted stock units ("RSUs"); (vi) performance shares; and (vii) other stock-based awards. Each award granted under the 2006 Plan is subject to an award agreement that incorporates, as applicable, the exercise price, the term of the award, the periods of restriction, the number of shares to which the award pertains, applicable performance period(s) and performance measure(s), and such other terms and conditions as the plan committee determines.

Through October 31, 2010, the Company has granted under the 2006 Plan: (i) service-based NQs and RSUs; (ii) contingently issuable performance shares; and (iii) RSUs that are intended to satisfy the performance-based condition for deductibility under Section 162(m) of the Internal Revenue Code. According to the terms of the 2006 Plan, for purposes of determining the number of shares available for grant, each share underlying a stock option award reduces the number available by one share and each share underlying an RSU or performance share award reduces the number available by three shares for awards made before April 29, 2009 and by two shares for awards made on or after April 29, 2009. The per share exercise price of options granted under the 2006 Plan cannot be less than the closing price of the common stock on the date of grant (the business day prior to the date of grant for awards granted prior to September 21, 2006).

The Company currently has service-based NQs and ISOs outstanding under its 1997, 2000 and 2003 Stock Option Plans. Such options were granted with an exercise price equal to the closing price of the common stock on the business day immediately preceding the date of grant.

Net income (loss) for the thirty-nine weeks ended October 31, 2010 and November 1, 2009 included $23,050 and $9,369, respectively, of pre-tax expense related to stock-based compensation.

Options currently outstanding are generally cumulatively exercisable in four equal annual installments commencing one year after the date of grant. The vesting of options outstanding is also generally accelerated upon retirement (as defined in the applicable plan). Options are generally granted with a 10-year term.

The Company estimates the fair value of stock options granted at the date of grant using the Black-Scholes-Merton model. The estimated fair value of the options, net of estimated forfeitures, is expensed on a straight-line basis over the options' vesting period.

The following summarizes the assumptions used to estimate the fair value of service-based stock options granted during the thirty-nine weeks ended October 31, 2010 and November 1, 2009, respectively:

	Thirty-Nine Weeks Ended
	10/31/10	11/1/09
Weighted average risk-free interest rate	2.99%	2.58%
Weighted average expected option term (in years)	6.25	6.59
Weighted average expected volatility	41.78%	38.92%
Expected annual dividends per share	$ 0.15	$ 0.15
Weighted average estimated fair value per share of options granted	$26.45	$11.16

The Securities and Exchange Commission issued Staff Accounting Bulletin ("SAB") No. 110 in December 2007. SAB No. 110 allows for the continued use, under certain circumstances, of the simplified method discussed in SAB No. 107 for estimating the expected term of "plain vanilla" stock options. The Company has continued to utilize the simplified method to estimate the expected term for its stock options granted due to a lack of relevant historical data resulting, in part, from recent changes in the pool of employees receiving option grants and changes in the vesting schedule of certain grants. The Company will continue to evaluate the appropriateness of utilizing such method.

Service-based stock option activity for the thirty-nine weeks ended October 31, 2010 was as follows:

		Weighted Average
	Options	Price Per Option

Outstanding at January 31, 2010	3,616	$ 30.16
Granted	124	59.66
Exercised	805	25.21
Cancelled	2	28.27
Outstanding at October 31, 2010	2,933	$ 32.78
Exercisable at October 31, 2010	2,034	$ 31.73

RSUs granted to employees generally vest in three annual installments (25%, 25% and 50%) commencing two years after the date of grant. Service-based RSUs granted to non-employee directors vest in four equal annual installments commencing one year after the date of grant. The underlying RSU award agreements generally provide for accelerated vesting upon the award recipient's retirement (as defined in the 2006 Plan). The fair value of service-based RSUs is equal to the closing price of the Company's common stock on the date of grant and is expensed, net of estimated forfeitures, on a straight-line basis over the RSUs' vesting period.

RSU activity for the thirty-nine weeks ended October 31, 2010 was as follows:

		Weighted Average
		Grant Date
	RSUs	Fair Value

Non-vested at January 31, 2010	734	$ 35.85
Granted	164	58.76
Vested	90	44.55
Cancelled	16	40.79
Non-vested at October 31, 2010	792	$ 39.51

The Company issued restricted stock to certain of Tommy Hilfiger's management employees in connection with the Company's acquisition of Tommy Hilfiger in the second quarter of 2010. The restricted stock was issued as part of the consideration for shares and/or interests in Tommy Hilfiger owned by such employees and was not issued out of the 2006 Plan. The shares of restricted stock are registered in the names of each such employee and are held in a third-party escrow account until they vest, at which time the stock will be delivered to the employees who have vested in the awards. The restricted stock generally vests upon the second anniversary of the date of grant.

The fair value of restricted stock is equal to the closing price of the Company's common stock on the date of grant and is expensed, net of forfeitures, on a straight-line basis over the restricted stock's vesting period.

Restricted stock activity for the thirty-nine weeks ended October 31, 2010 was as follows:

		Weighted Average
	Restricted	Grant Date
	Stock	Fair Value

Non-vested at January 31, 2010	-	$ -
Granted	351	60.41
Vested	-	-
Non-vested at October 31, 2010	351	$ 60.41

The Company granted contingently issuable performance share awards to all of the Company's senior executives (other than senior executives of Tommy Hilfiger) during the second quarter of 2010 and to all then-executive officers of the Company during the first quarter of 2010 and the first quarter of 2008, subject to performance periods of three, two and three years, respectively. The final number of shares that will be earned, if any, is contingent upon the Company's achievement of goals for each of the performance periods based on earnings per share growth for the awards granted in 2010 and both earnings per share growth and return on equity for the awards granted in 2008 during the applicable performance cycle. Depending on the level of objectives achieved, up to a total number of 611 and 89 shares could be issued for all non-vested performance share awards granted in 2010 and 2008, respectively. The Company records expense for the contingently issuable performance shares ratably over each applicable vesting period based on fair value and the Company's current expectations of the probable number of shares that will ultimately be issued. The fair value of the contingently issuable performance shares is equal to the closing price of the Company's common stock on the date of grant, reduced for the present value of any dividends expected to be paid on the Company's common stock during the performance cycle, as these contingently issuable performance shares do not accrue dividends prior to being earned.

Performance share activity for the thirty-nine weeks ended October 31, 2010 was as follows:

		Weighted Average
	Performance	Grant Date
	Shares	Fair Value

Non-vested at January 31, 2010	89	$ 41.80
Granted	611	52.69
Vested	-	-
Cancelled	-	-
Non-vested at October 31, 2010	700	$ 51.31

The Company receives a tax deduction for certain transactions associated with its stock plan awards. The actual income tax benefits realized from these transactions for the thirty-nine weeks ended October 31, 2010 and November 1, 2009 were $11,519 and $1,266, respectively. Of those amounts, $7,759 and $529, respectively, were reported as excess tax benefits. Excess tax benefits arise when the actual tax benefit resulting from a stock plan award transaction exceeds the tax benefit associated with the grant date fair value of the related stock award.

STOCKHOLDERS' EQUITY	9 Months Ended
STOCKHOLDERS' EQUITY	Oct. 31, 2010
Notes to Financial Statements [Abstract]
STOCKHOLDERS' EQUITY	11. STOCKHOLDERS' EQUITY Series A Convertible Preferred Stock Issuance On May 6, 2010, the Company completed the sale of an aggregate of 8 shares of Series A convertible preferred stock, par value $100.00 per share, for an aggregate gross purchase price of $200,000 and for net proceeds of $188,595 after related fees. The Series A convertible preferred stock has a liquidation preference of $25,000 per share and is currently convertible at a price of $47.74 into 4,189 shares of common stock. The conversion price is subject to equitable adjustment in the event of the Company taking certain actions, including stock splits, stock dividends, mergers, consolidations or other capital reorganizations. The Series A convertible preferred stock is not subject to mandatory redemption nor is it redeemable, in whole or in part, by the Company at its option or that of any holder. The holders of the Series A convertible preferred stock are entitled to vote and participate in dividends with the holders of the Company's common stock on an as-converted basis. Common Stock Offering The Company sold 5,750 shares of its common stock on April 28, 2010 for an offering price of $66.50 per share before commissions and discounts to underwriters. The net proceeds of the sale after commissions, discounts and related fees, which totaled $364,860, were used to fund a portion of the purchase price and fees relating to the acquisition of Tommy Hilfiger. Of the 5,750 shares, a total of 5,250 shares were released from treasury and 500 shares were newly issued. Common Stock Issuance On May 6, 2010, the Company issued 7,873 shares of its common stock, par value $1.00 per share, as part of the consideration paid to the former shareholders of Tommy Hilfiger in connection with the acquisition. Warrant The Company issued to Mr. Calvin Klein a nine-year warrant to purchase 320 shares of the Company's common stock at $28.00 per share in connection with the Company's acquisition of Calvin Klein in 2003. 160 shares of such warrant were exercised during the first quarter of 2010 and the balance of 160 shares of such warrant were exercised during the third quarter of 2010.

- Definition

Disclosures related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References+ Details

ACTIVITY EXIT COSTS AND ASSET IMPAIRMENTS

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

ACTIVITY EXIT COSTS AND ASSET IMPAIRMENTS

12. ACTIVITY EXIT COSTS AND ASSET IMPAIRMENTS

Severance, Termination and Restructuring Costs

In connection with the Company's acquisition of Tommy Hilfiger during the second quarter of 2010, the Company incurred severance and termination benefit costs. Such costs were as follows:


	Total	Incurred During	Incurred During
	Expected	the Thirteen	the Thirty-Nine
	to be	Weeks	Weeks
	Incurred	Ended 10/31/10	Ended 10/31/10

Severance and termination benefits	$ 19,000	$ 3,235	$ 13,855

Liabilities for severance and termination benefits recorded in connection with the acquisition of Tommy Hilfiger were as follows:

		Costs Incurred	Costs Paid
		During the	During the
	Liability	Thirty-Nine Weeks	Thirty-Nine Weeks	Liability
	at 1/31/10	Ended 10/31/10	Ended 10/31/10	at 10/31/10

Severance, termination benefits
and other costs	$ -	$ 13,855	$ 760	$ 13,095

The charges for severance and termination benefits for the thirteen and thirty-nine weeks ended October 31, 2010 were principally included in selling, general and administrative expenses of the Company's Tommy Hilfiger North America segment (see Note 15, "Segment Data").

The Company announced in the fourth quarter of 2008 that it initiated a series of actions to respond to the difficult economic conditions that existed during the second half of 2008 and were expected to (and did) continue into 2009 by restructuring certain of its operations and implementing a number of other cost reduction efforts. These restructuring initiatives were substantially completed during 2009. The Company recorded long-lived asset impairment charges in connection with these restructuring initiatives of $1,494 during the thirty-nine weeks ended November 1, 2009. Such charges were included in corporate selling, general and administrative expenses not allocated to any reportable segments.

Liabilities recorded in connection with the restructuring were as follows:

		Costs Paid
		During the
	Liability	Thirty-Nine Weeks	Liability
	at 1/31/10	Ended 10/31/10	at 10/31/10

Severance, termination benefits and other costs	$ 2,265	$ 1,870	$ 395
Lease termination costs	1,240	1,240	-
Total	$ 3,505	$ 3,110	$ 395

Asset Impairments

During the third quarter of 2010 the Company granted a licensee the exclusive rights to use the Tommy Hilfiger trademark for children's apparel in the United States and Canada. In connection with this agreement, certain assets related to the Tommy Hilfiger children's apparel business were sold to the licensee. The Company recorded a long-lived asset impairment charge of $1,877 related to this transaction, which represented the net book value of the assets sold to the licensee, net of cash proceeds received. The impairment charge for the thirteen and thirty-nine weeks ended October 31, 2010 was recorded in selling, general and administrative expenses for the Tommy Hilfiger North America segment.

The financial performance in certain of the Company's outlet and specialty retail stores was an impairment indicator in the third quarter of 2010 that required the Company to evaluate whether the net book value of the long-lived assets in such stores was recoverable. Based on this evaluation, the Company determined that the long-lived assets in certain stores were not recoverable and recorded impairment charges in selling, general and administrative expenses of $681 in the third quarter of 2010, of which $433 was recorded in the Heritage Brand Retail segment, $25 was recorded in the Other (Calvin Klein Apparel) segment and $223 was recorded in the Tommy Hilfiger North America segment.

The financial performance in certain of the Company's outlet retail stores was an impairment indicator in the third quarter of 2009 that required the Company to evaluate whether the net book value of the long-lived assets in such stores was recoverable. Based on this evaluation, the Company determined that the long-lived assets in certain stores were not recoverable and recorded impairment charges in selling, general and administrative expenses of $5,796 in the third quarter of 2009, of which $1,721 was recorded in the Heritage Brand Retail segment and $4,075 was recorded in the Other (Calvin Klein Apparel) segment.

The store impairments recorded in 2010 and 2009 were determined by comparing each store's expected undiscounted future cash flows to the carrying amount of the long-lived assets. The net book value of the long-lived assets in excess of the fair value in stores that were deemed not recoverable was written off. Fair value was determined based on the estimated discounted future cash flows associated with the assets using current sales trends and market participant assumptions.

NET INCOME (LOSS) PER COMMON SHARE

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

NET INCOME (LOSS) PER COMMON SHARE

13. NET INCOME (LOSS) PER COMMON SHARE

The Company utilizes the two-class method of calculating basic net income (loss) per common share, as holders of the Company's Series A convertible preferred stock participate in dividends with holders of the Company's common stock. Net losses are not allocated to holders of the Series A convertible preferred stock.

The Company computed its basic and diluted net income (loss) per common share as follows:

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Net income (loss)	$ 80,732	$83,619	$ (1,468)	$134,887
Less:
Common stock dividends paid to holders of Series A convertible preferred stock	(157)	-	(314)	-
Allocation of income to Series A convertible preferred stock	(4,651)	-	-	-
Net income (loss) available to common stockholders for basic net income (loss) per common share	75,924	83,619	(1,782)	134,887
Add back:
Common stock dividends paid to holders of Series A convertible preferred stock	157	-	-	-
Allocation of income to Series A convertible preferred stock	4,651	-	-	-
Net income (loss) available to common stockholders for diluted net income (loss) per common share	$ 80,732	$83,619	$ (1,782)	$134,887

Weighted average common shares outstanding for
basic net income (loss) per common share	66,140	51,670	61,431	51,595
Weighted average impact of dilutive securities	1,438	1,093	-	680
Weighted average impact of dilutive warrant	69	96	-	37
Weighted average impact of assumed convertible preferred
stock conversion	4,189	-	-	-
Total shares for diluted net income (loss) per common share	71,836	52,859	61,431	52,312

Basic net income (loss) per common share	$ 1.15	$ 1.62	$ (0.03)	$ 2.61

Diluted net income (loss) per common share	$ 1.12	$ 1.58	$ (0.03)	$ 2.58

Potentially dilutive securities excluded from the calculation of diluted net income (loss) per share were as follows:

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Weighted average potentially dilutive securities	376	709	4,583	1,945

According to FASB guidance for earnings per share, contingently issuable shares that have not met the necessary conditions as of the end of a reporting period should not be included in the calculation of diluted net income per share for that period. The Company had contingently issuable awards that did not meet the performance conditions as of October 31, 2010 and November 1, 2009 and, therefore, were excluded from the calculation of diluted net income (loss) per share for the thirteen and thirty-nine weeks ended October 31, 2010 and November 1, 2009. The maximum number of potentially dilutive shares that could be issued upon vesting for such awards was 700 and 158 as of October 31, 2010 and November 1, 2009, respectively. These amounts were also excluded from the computation of weighted average potentially dilutive securities. Conversion of the Series A convertible preferred stock into 2,747 weighted average common shares for the thirty-nine weeks ended October 31, 2010 was not assumed because the inclusion thereof would have been antidilutive. This amount was also excluded from the computation of weighted average potentially dilutive securities.

NONCASH INVESTING AND FINANCING TRANSACTIONS	9 Months Ended
NONCASH INVESTING AND FINANCING TRANSACTIONS	Oct. 31, 2010
Notes to Financial Statements [Abstract]
NONCASH INVESTING AND FINANCING TRANSACTIONS	14. NONCASH INVESTING AND FINANCING TRANSACTIONS During the thirty-nine weeks ended October 31, 2010 and November 1, 2009, the Company recorded increases to goodwill of $32,022 and $27,109, respectively, related to liabilities incurred for contingent purchase price payments to Mr. Calvin Klein. Such amounts are not due or paid in cash until 45 days subsequent to the Company's applicable quarter end. As such, during the thirty-nine weeks ended October 31, 2010 and November 1, 2009, the Company paid $29,829 and $25,668, respectively, in cash related to contingent purchase price payments to Mr. Calvin Klein that were recorded as additions to goodwill during the periods the liabilities were incurred. During the second quarter of 2010, the Company issued 7,873 shares of its common stock valued at $475,607 in connection with the acquisition of Tommy Hilfiger. During the second quarter of 2010, the Company recorded a loss of $3,005 to write-off previously capitalized debt issuance costs in connection with the extinguishment of its 7 1/4% senior notes due 2011 and its 8 1/8% senior notes due 2013. The Company issued to Mr. Calvin Klein a nine-year warrant to purchase 320 shares of the Company's common stock at $28.00 per share in connection with the Company's acquisition of Calvin Klein in 2003. 160 shares of such warrant were exercised at the end of the first quarter of 2010 and the underlying shares were issued early in the second quarter of 2010. The exercise price for these shares was satisfied through the Company's withholding of 68 shares, which had a total fair market value that approximated the exercise price, from the shares that would have otherwise been issuable. The balance of 160 shares of such warrant were exercised and the underlying shares were issued during the third quarter of 2010. The exercise price for these shares was satisfied through the Company's withholding of 72 shares, which had a total fair market value that approximated the exercise price, from the shares that would have otherwise been issuable.

SEGMENT DATA

9 Months Ended

Oct. 31, 2010

Notes to Financial Statements [Abstract]

SEGMENT DATA

15. SEGMENT DATA

The acquisition of Tommy Hilfiger has impacted significantly the way the Company and its chief operating decision maker manage and analyze its operating results. As such, the Company has changed the way it reports its segment data. Prior year periods have been restated in order to present that information on a basis consistent with the current year.

The Company manages its operations through its operating divisions, which are aggregated into seven reportable segments: (i) Heritage Brand Wholesale Dress Furnishings; (ii) Heritage Brand Wholesale Sportswear; (iii) Heritage Brand Retail; (iv) Calvin Klein Licensing; (v) Tommy Hilfiger North America; (vi) Tommy Hilfiger International; and (vii) Other (Calvin Klein Apparel).

Heritage Brand Wholesale Dress Furnishings Segment - This segment consists of the Company’s heritage brand wholesale dress furnishings division. This segment derives revenue primarily from marketing both dress shirts and neckwear under the brand names ARROW, IZOD, Eagle, Sean John, Trump (marketed as Donald J. Trump Signature Collection prior to January 1, 2010), Kenneth Cole New York, Kenneth Cole Reaction, JOE Joseph Abboud, DKNY, Elie Tahari, J. Garcia and MICHAEL Michael Kors, as well as dress shirts under the brand names Van Heusen, Geoffrey Beene and CHAPS and neckwear under the brand names Nautica, Ike Behar, Ted Baker, Jones New York, Michael Kors Collection, Claiborne, U.S. POLO ASSN., Axcess, Hart Schaffner Marx, Bugatti, City of London and Robert Graham. In addition, the Company sold dress shirts under the BCBG Max Azria and BCBG Attitude brand names into the fourth quarter of 2009. The Company markets its dress shirt and neckwear brands, as well as various private label brands, primarily to department, mid-tier department and specialty stores.

Heritage Brand Wholesale Sportswear Segment - The Company aggregates the results of its heritage brand wholesale sportswear divisions into the Heritage Brand Wholesale Sportswear segment. This segment derives revenue primarily from marketing men’s sportswear under the brand names Van Heusen, IZOD, Geoffrey Beene, ARROW and Timberland, and women’s sportswear under the brand name IZOD to department, mid-tier department and specialty stores.

Heritage Brand Retail Segment - The Company aggregates the results of its three heritage brand retail divisions into the Heritage Brand Retail segment. This segment derives revenue principally from operating retail stores, primarily in outlet centers in the United States, which sell apparel, footwear, accessories and related products under the brand names Van Heusen, IZOD, Bass and G.H. Bass & Co.

Calvin Klein Licensing Segment - The Company aggregates the results of its Calvin Klein licensing and advertising division into the Calvin Klein Licensing segment. This segment derives revenue principally from licensing and similar arrangements worldwide relating to the use by third parties of the brand names Calvin Klein Collection, ck Calvin Klein and Calvin Klein for a broad array of products and retail services. This segment also derives revenue from the Company’s Calvin Klein Collection wholesale business and from selling Calvin Klein Collection branded high-end collection apparel and accessories through the Company’s own full price Calvin Klein Collection retail store located in New York City, both of which the Company operates directly in support of the global licensing business.

Tommy Hilfiger North America Segment - The Company aggregates the results of its Tommy Hilfiger wholesale and retail divisions in North America into the Tommy Hilfiger North America segment. This segment derives revenue principally from (i) marketing Tommy Hilfiger branded apparel and related products at wholesale in the United States and Canada, primarily to department and specialty stores, and through licensees; and (ii) operating retail stores in the United States and Canada and an e-commerce website, which sell Tommy Hilfiger branded apparel, accessories and related products.

Tommy Hilfiger International Segment - The Company aggregates the results of its Tommy Hilfiger wholesale and retail divisions that operate outside of North America into the Tommy Hilfiger International segment. This segment derives revenue principally from (i) marketing Tommy Hilfiger branded apparel and related products at wholesale principally in Europe, primarily to department and specialty stores and franchise operators of Tommy Hilfiger stores, and through distributors and licensees; and (ii) operating retail stores and an e-commerce website in Europe and retail stores in Japan, which sell Tommy Hilfiger branded apparel, accessories and related products.

Other (Calvin Klein Apparel) Segment - The Company aggregates the results of its Calvin Klein apparel divisions into the Other (Calvin Klein Apparel) segment. This segment derives revenue from the Company’s marketing at wholesale of apparel and related products under the brand names Calvin Klein and ck Calvin Klein, primarily to department, mid-tier department and specialty stores, and at retail through the Company’s e-commerce website and Calvin Klein retail stores, which are primarily located in outlet centers in the United States

The following table presents summarized information by segment:

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Revenue – Heritage Brand Wholesale Dress Furnishings
Net sales	$ 157,246	$ 146,499	$ 392,345		$ 366,728
Royalty revenue	1,526	1,411	4,290		4,402
Advertising and other revenue	524	415	1,540		1,147
Total	159,296	148,325	398,175		372,277

Revenue – Heritage Brand Wholesale Sportswear
Net sales	201,948	148,721	425,823		361,659
Royalty revenue	2,706	2,345	7,807		7,780
Advertising and other revenue	446	665	1,344		1,487
Total	205,100	151,731	434,974		370,926

Revenue – Heritage Brand Retail
Net sales	169,465	161,491	476,080		446,534
Royalty revenue	1,371	1,036	3,739		3,368
Advertising and other revenue	203	306	627		633
Total	171,039	162,833	480,446		450,535

Revenue – Calvin Klein Licensing
Net sales	11,129	12,288	25,784		24,491
Royalty revenue	74,418	65,808	186,445		166,539
Advertising and other revenue	29,113	21,838	71,962		62,021
Total	114,660	99,934	284,191		253,051

Revenue – Tommy Hilfiger North America
Net sales	298,282	-	554,426		-
Royalty revenue	3,931	-	7,982		-
Advertising and other revenue	1,548	-	2,381		-
Total	303,761	-	564,789		-

Revenue – Tommy Hilfiger International
Net sales	392,677	-	655,970		-
Royalty revenue	10,181	-	16,835		-
Advertising and other revenue	1,778	-	2,978		-
Total	404,636	-	675,783		-

Revenue – Other (Calvin Klein Apparel)
Net sales	157,927	134,617	400,373		337,359
Total	157,927	134,617	400,373		337,359

Total Revenue
Net sales	1,388,674	603,616	2,930,801		1,536,771
Royalty revenue	94,133	70,600	227,098		182,089
Advertising and other revenue	33,612	23,224	80,832		65,288
Total	$1,516,419	$ 697,440	$3,238,731		$1,784,148

	Thirteen Weeks Ended		Thirty-Nine Weeks Ended
	10/31/10	11/1/09	10/31/10	11/1/09

Income before interest and taxes – Heritage Brand Wholesale
Dress Furnishings	$ 29,861	$ 25,224	$ 55,380	$ 45,553(5)

Income before interest and taxes – Heritage Brand Wholesale
Sportswear	21,919	20,686	50,001	48,535(5)

Income before interest and taxes – Heritage Brand Retail	16,108	11,312	41,586	19,270(5)

Income before interest and taxes – Calvin Klein Licensing	50,937	45,043	127,270	114,769

Income before interest and taxes – Tommy Hilfiger
North America	20,197(2)	-	26,621(3)	-

Income before interest and taxes – Tommy Hilfiger International	41,870(2)	-	28,237(3)	-

Income before interest and taxes – Other (Calvin Klein Apparel)	24,687	5,649(4)	53,058	14,204(5)

Loss before interest and taxes – Corporate(1)	(27,288)(2)	(17,478)(4)	(270,565)(3)	(51,332)(5)

Income before interest and taxes	$ 178,291	$ 90,436	$ 111,588	$ 190,999

(1)	Includes corporate expenses not allocated to any reportable segments. Corporate expenses represent overhead operating expenses and include expenses for senior corporate management, corporate finance and information technology related to corporate infrastructure.

(2)

Income (loss) before interest and taxes for the thirteen weeks ended October 31, 2010 includes costs of $37,197, associated with the Company’s acquisition and integration of Tommy Hilfiger, including restructuring and non-cash valuation amortization charges. Such costs were included in the Company’s segments as follows: $10,846 in Tommy Hilfiger North America; $18,392 in Tommy Hilfiger International; and $7,959 in corporate expenses not allocated to any reportable segments.

(3)

Income (loss) before interest and taxes for the thirty-nine weeks ended October 31, 2010 includes costs of $307,307 associated with the Company’s acquisition and integration of Tommy Hilfiger. Such costs were included in the Company’s segments as follows: $35,325 in Tommy Hilfiger North America; $57,768 in Tommy Hilfiger International; and $214,214 in corporate expenses not allocated to any reportable segments.

(4)

Income (loss) before interest and taxes for the thirteen weeks ended November 1, 2009 includes costs of $6,174 associated with the Company’s restructuring initiatives announced during the fourth quarter of 2008. Such costs were included in the Company’s segments as follows: $6,091 in Other (Calvin Klein Apparel); and $83 in corporate expenses not allocated to any reportable segments.

(5)

Income (loss) before interest and taxes for the thirty-nine weeks ended November 1, 2009 includes costs of $17,150 associated with the Company’s restructuring initiatives announced during the fourth quarter of 2008. Such costs were included in the Company’s segments as follows: $541 in Heritage Brand Wholesale Dress Furnishings; $701 in Heritage Brand Wholesale Sportswear; $2,341 in Heritage Brand Retail; $8,387 in Other (Calvin Klein Apparel); and $5,180 in corporate expenses not allocated to any reportable segments.

Intersegment transactions consist of transfers of inventory principally between the Heritage Brand Wholesale Dress Furnishings segment and the Heritage Brand Retail segment and Other (Calvin Klein Apparel) segment. These transfers are recorded at cost plus a standard markup percentage. Such markup percentage is eliminated in the Heritage Brand Retail segment and Other (Calvin Klein Apparel) segment.

The following table presents the Company’s total assets by segment:

	10/31/10	1/31/10	11/1/09

Identifiable Assets
Heritage Brand Wholesale Dress Furnishings	$ 331,262	$ 278,101	$ 309,928
Heritage Brand Wholesale Sportswear	323,259	249,864	265,549
Heritage Brand Retail	119,447	97,837	121,561
Calvin Klein Licensing	989,997	925,832	915,727
Tommy Hilfiger North America	1,159,816	-	-
Tommy Hilfiger International	3,179,005	-	-
Other (Calvin Klein Apparel)	169,457	134,515	175,994
Corporate	617,296	653,530	515,226
Total	$6,889,539	$2,339,679	$2,303,985

GUARANTEES	9 Months Ended
GUARANTEES	Oct. 31, 2010
Notes to Financial Statements [Abstract]
GUARANTEES	16. GUARANTEES The Company guaranteed the payment of certain purchases made by one of the Company's suppliers from a raw material vendor. The maximum amount guaranteed as of October 31, 2010 is $500. The guarantee expires on January 31, 2011. The Company guaranteed to a former landlord the payment of rent and related costs by the tenant currently occupying space previously leased by the Company. The maximum amount guaranteed as of October 31, 2010 is approximately $3,800, which is subject to exchange rate fluctuation. The Company has the right to seek recourse of approximately $2,400 as of October 31, 2010, which is subject to exchange rate fluctuation. The guarantee expires on May 19, 2016.

RECENT ACCOUNTING GUIDANCE	9 Months Ended
RECENT ACCOUNTING GUIDANCE	Oct. 31, 2010
Notes to Financial Statements [Abstract]
RECENT ACCOUNTING GUIDANCE	17. RECENT ACCOUNTING GUIDANCE New guidance issued but not effective until after October 31, 2010 is not expected to have a material impact on the Company's consolidated results of operations or financial position.

Document Information	9 Months Ended
Document Information	Oct. 31, 2010
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Oct. 31, 2010

Entity Information (USD $)	9 Months Ended
Entity Information (USD $)	Oct. 31, 2010	Nov. 30, 2010	Jul. 31, 2009
Entity Registrant Name	PHILLIPS VAN HEUSEN CORP /DE/
Entity Central Index Key	0000078239
Current Fiscal Year End Date	--01-30
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 1,822,622,742
Entity Common Stock, Shares Outstanding		67,034,788
Document Fiscal Year Focus	2010
Document Fiscal Period Focus	Q3