You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

PVH to buy Warnaco for $2.9B, gain Calvin control

PVH, whose brands include Calvin Klein and Tommy Hilfiger, agreed to buy rival The Warnaco Group Inc. in a deal worth about $2.9 billion, creating one of the world’s largest clothing companies. Warnaco also sells brands like Speedo, Warner’s, and Olga. The deal is the second big buy in three years for PVH, formerly Phillips Van Heusen. It acquired Hilfiger in 2010 for $3 billion.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week