Phillips-Van Heusen Corporation, through a subsidiary, acquired on January 1, 2007 substantially all of the assets of privately-held Superba, Inc., a leading manufacturer and distributor of neckwear in the United States and Canada. The acquired business, which includes neckwear licenses for many well-known designer and brand names, such as Calvin Klein, CK, Arrow, Izod, Eagle, DKNY, Tommy Hilfiger, Nautica, Perry Ellis, Ted Baker, Ike Behar, Michael Kors, JOE Joseph Abboud, Original Penguin, Jones New York and Hart Schaffner Marx, is being operated through the newly formed PVH Neckwear Group.
The PVH Neckwear Group, consisting of the Superba Division and the Insignia Design Group, is managed by Superba's former management team, including Mervyn Mandelbaum, Chief Executive Officer. Joining the management team as president is Lee Terrill. Mr. Terrill has been with PVH for 28 years, having served in numerous sales and marketing positions within the Dress Shirt Group, including as President, Branded Dress Shirts since 1998. The Neckwear Group's marketing, sales and design organizations are based in New York City and its manufacturing and back office operations are based in Los Angeles.
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