Warnaco Group Inc (WRC)

The Warnaco Group, Inc., together with its subsidiaries, designs, sources, markets, licenses, and distributes a line of intimate apparel, sportswear, and swimwear products. It offers sportswear for men, women, and juniors, including jeanswear, knit and woven shirts, tops, and outerwear; intimate apparel comprising bras, panties, sleepwear, loungewear, shapewear, and daywear for women, as well as underwear and sleepwear for men; and swimwear for men, women, juniors, and children, including swim accessories, and fitness and active apparel. The company offers its products primarily under the Calvin Klein, Speedo, Chaps, Warner’s, and Olga brand names. The Warnaco Group, Inc. distributes its products primarily to wholesale customers through various distribution channels, including department stores, independent retailers, chain stores, membership clubs, mass merchandisers, and the Internet, as well as specialty, off-price, and other stores; and through dedicated retail stores. As of December 31, 2011, the company operated 1,759 Calvin Klein retail stores worldwide, including 263 full price free-standing stores, 118 outlet free-standing stores, and 1,376 shop-in-shop/concession stores, as well as operated 2 online stores and 1 online swimwear store in the United States. It also had 615 Calvin Klein retail stores operated by third parties under retail licenses or franchise, and distributor agreements. The company’s online stores include SpeedoUSA.com, Calvinkleinjeans.com, and CKU.com. The Warnaco Group, Inc. was founded in 1874 and is based in New York, New York. As of February 13, 2013, Warnaco Group Inc. operates as a subsidiary of PVH Corp.