Phillips-Van Heusen Corporation announced that it has signed three new licensees for its fast-growing IZOD brand.
M.Z. Berger & Co. has been licensed to design, produce and market men's, women's and unisex watches and timepieces under the IZOD brand. Accessory Network Group, which holds the license from PVH's Calvin Klein Inc subsidiary for women's handbags and accessories under the Calvin Klein and ck brands, has been granted a license for IZOD handbags and accessories.
SG Footwear, IZOD's slipper licensee, has supplemented its relationship with the brand with the signing of the license for IZOD beach footwear for both men and women. Each of the licenses covers the United States and Canada.
The product lines are expected to be launched in Holiday 2007 and Spring 2008. The sports-inspired IZOD brand is carried in better department and specialty stores and, measured by unit sales, was the second largest sportswear brand in U.S. department stores in 2006, as well as the best selling brand of polo shirts, sweaters and fleece tops in the department store tier.
"Each of these three licenses strengthens and expands the IZOD brand's assortment of sports-inspired products," said Allen Sirkin, President and Chief Operating Officer of Phillips-Van Heusen. "It is particularly gratifying to build upon our existing partnerships with Accessory Network and SG Footwear as we welcome M.Z. Berger to the PVH licensing family."
Accessory Network Group, based in New York City, will deliver its first IZOD handbags and accessories for Spring 2008.
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