Heritage BrandsTotal revenue for the Heritage Brands business decreased 7% to $489.5 million as compared to $526.3 million in the prior year’s third quarter due to a $50 million, or 10%, negative impact related to the exit from the Izod women’s and Timberland wholesale sportswear businesses. Excluding the impact of exited businesses, revenue for the Heritage Brands business increased 3%, principally attributable to strong growth in the Company’s ongoing wholesale sportswear businesses. Comparable store sales for the Heritage Brands retail business were relatively flat to the prior year.
PVH Corp. Reports 2012 Third Quarter Results
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