Warnaco Group

The Warnaco Group, Inc. is an American textile/clothing corporation which designs, sources, markets, licenses, and distributes a wide range of underwear, sportswear, and swimwear worldwide. Its products are sold under several brand names including Calvin Klein, Speedo, Chaps, Warner's, and Olga. On 31 October 2012, the company announced that it would be acquired by PVH for $2.8 billion in cash and stock. The deal that will give the PVH more control of the Calvin Klein clothing brand as it will unite Calvin Klein formal, underwear, jeans and sportswear lines. It was acquired by PVH in Feb 2013.