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On July 14, 2020, PVH announced that it would close its remaining Heritage Brands retail outlets operating mainly under the Van Heusen/Izod Golf names. [27] The Izod and Van Heusen brands are not being discontinued; the wholesale business, which sells their product to department stores, warehouse clubs, and online retailers, is not affected ...
On January 7, 2015, parent company Phillips-Van Heusen announced that it would be closing all 120 Izod retail outlets due to an increasingly competitive environment driven by more premium brands in the outlet retail channel. This move would not affect Izod's growing wholesale business to department stores and other retailers. [4]
The company was founded in 1985, [4] and its merchandise is sold in department stores and over 2000 free-standing retail stores in 100 countries. [5] In 2006, private equity firm Apax Partners acquired the company for approximately $1.6 billion. [6] In March 2010, PVH Corp., then known as Phillips-Van Heusen, bought the company. [7]
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