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PVH Corp. CEO: Acquisition of Warnaco Will Solidify Our Brand Position

6:25 PM ET Wed, 31 Oct 2012

PVH Corp. Chairman & CEO Manny Chirico discusses the decision to buy Warnaco in a $2.9 billion deal. "I was hopeful this would be a positive move for our stock, but I didn't expect a 20 percent bounce," he says.