Warnaco Group

"Warner Brothers Corset Company" redirects here. For the film studio, see Warner Bros.

Warnaco Group, Inc
Company typePublic
NYSE: WRC
IndustryTextiles, clothing and luxury goods
Founded501 Seventh Avenue
New York City, New York, United States.[1]
(1874)[2]
FounderIra De Ver Warner, Lucien C. Warner
Defunct2013
Fateacquired by PVH in 2013, sold to Basic Resources, Inc. in 2023
Headquarters
501 Seventh Ave,
New York City, New York, United States, 10018
Area served
Worldwide
Key people
 [3][4]
RevenueUS$2.51 billion(FY 2011)[5]
US$181.5 million (FY 2011)[5]
US$127.5 million (FY 2011)[5]
Number of employees
7,136 (YE 2011)[5]
ParentBasic Resources Inc.
DivisionsSportswear Group:
  • Calvin Klein Jeans
  • Chaps

Intimate Apparel Group:

  • Calvin Klein Underwear
  • Olga
  • Olga's Christina
  • Warner's

Swimwear Group:

  • Calvin Klein Swimwear
  • Speedo

Distribution:

Websitewarners.com

The Warnaco Group, Inc. was an American textile/clothing corporation which designed, sourced, marketed, licensed, and distributed a wide range of underwear, sportswear, and swimwear worldwide. Its products were 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.[6]

The deal gave 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.[7]

In November 2023, PVH sold the Warners and Olga brands to Basic Resources, Inc.[8]

  1. ^ "Warnaco Group, Inc. > Our Company > FAQ". FAQ. Warnaco Group, Inc. Archived from the original on 1 December 2010. Retrieved 21 August 2010.
  2. ^ "LinkedIn". Warnaco Company Profile. LinkedIn. Retrieved 21 August 2010.
  3. ^ "Warnaco Group, Inc.> Our Company > Executive Officers". Archived from the original on 1 December 2010. Retrieved 15 January 2011.
  4. ^ "The Warner Group, Inc. (WRC) People". Reuters.com. Thomson Reuters. Archived from the original on 12 November 2012. Retrieved 21 August 2010.
  5. ^ a b c d "WARNACO Group 2011 Annual Report - Form 10-K - February 29, 2012" (PDF). secdatabase.com. Retrieved 16 May 2012.
  6. ^ "PVH unites Calvin Klein lines in $2.8 billion deal". Reuters.com. Thomson Reuters. Archived from the original on 24 September 2015. Retrieved 31 October 2012.
  7. ^ "PVH Corp". Pvh.com. Retrieved 17 February 2015.
  8. ^ "PVH Corp. to Sell Warners, Olga and True & Co. Businesses to Basic Resources". PVH. 13 November 2023. Retrieved 20 October 2024.