PVH ANNUAL MEETING JUNE 18, 2015

PVH ANNUAL MEETING JUNE 18, 2015

SAFE HARBOR We (PVH Corp.) obtained or created the market and competitive position data used throughout this presentation from research, surveys or studies conducted by third parties (including, with respect to the U.S. department and chain store rankings, the NPD Group/POS Tracking Service), information provided by customers and industry or general publications. The specific U.S. department and chain store rankings we reference are on a unit basis. Industry publications and surveys generally state that they have obtained information from sources believed to be reliable but do not guarantee the accuracy and completeness of such information. While we believe that each of these studies and publications and the other information we receive or review is reliable, we have not independently verified such data and we do not make any representation as to the accuracy of such information. The information in our presentation contains certain forward-looking statements which reflect our view as of June 1, 2015 of future events and financial performance. These forward-looking statements are subject to risks and uncertainties indicated from time to time in our SEC filings, as more fully discussed in our safe harbor statements and risk factors found in our SEC filings. These risks include our right to change strategies, objectives and intentions; our need to use significant cash flow to service our debt obligations; our vulnerability to weather, economic conditions, fuel prices, fashion trends, loss of retail accounts, epidemics, war, terrorism, scarcity of raw materials and other factors; our reliance on the sales of our business partners; and our exposure to the behavior of our associates, business partners and licensors. As such, our future results could differ materially from previous results or our expectations as of June 1, 2015. We do not undertake any obligation to update publicly any forward-looking statement, including, without limitation, any estimate regarding revenue or earnings, whether as a result of the receipt of new information, future events or otherwise. This presentation also includes non-gaap financial measures, as defined under SEC rules. Reconciliations of these measures are included at the end of this presentation, as well as in the SEC filings noted in this presentation. Our SEC filings are available on our website at www.pvh.com and the SEC s website at www.sec.gov. 2

PVH BY THE NUMBERS PVH HISTORY ESTABLISHED IN 1881 OUR 2014 TOTAL REVENUES WERE OVER $8.2 BILLION 30,000+ EMPLOYEES GLOBALLY 700,000+ PEOPLE REACHED THROUGH OUR SUPPLY CHAIN WE OPERATE IN OVER 20 COUNTRIES AND SPEAK OVER 40 LANGUAGES PVH FOUNDATION (THE COMPANY S PHILANTHROPIC DIVISION) HAS BEEN IN EXISTENCE FOR 30+ YEARS 40% 20,000+ POINTS OF SALE REVENUE GENERATED OUTSIDE OF NORTH AMERICA 3

PVH OVERVIEW: THREE DISTINCT BUSINESSES, ALL POSITIONED FOR GLOBAL GROWTH With ~$18.5 BN in global retail sales and $8.2 BN in reported revenues, PVH is one of the largest global apparel companies in the world. 2014 Global Retail Sales: $8.1 BN Revenues: $2.9 BN EBIT Margin*: 14.0% 2014 Global Retail Sales: $6.7 BN Revenues: $3.6 BN EBIT Margin*: 14.2% 2014 Global Retail Sales: $3.7 BN Revenues: $1.8 BN EBIT Margin*: 6.2% * Figures exclude non-recurring and one-time items. Refer to Appendix for GAAP reconciliations of EBIT. 4

$ Millions PVH OVERVIEW: A RICH HISTORY OF SALES AND EARNINGS GROWTH $9,000 $8,000 $7,000 Revenue & EPS Growth (2003 2014) $5.44 $6.58 $7.03 $8,216 $7.30 $8,241 $8.00 $7.00 $6.00 $6,000 $4.31 $5.00 $5,000 $4,000 $3,000 $2,000 $1,000 $3.21 $2.99 $2.79 $2.62 $1.88 $5,891 $6,043 $1.37 $4,637 $0.98 $2,425 $2,397 $2,399 $1,548 $1,641 $1,909 $2,091 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 $4.00 $3.00 $2.00 $1.00 $0.00 Note: 2003-2007 figures not restated for change in accounting for retirement plans. 2003-2006 and 2008-2014 figures exclude non-recurring and one-time items. Refer to Appendix for GAAP reconciliations. 5

PVH OVERVIEW: FREE CASH FLOW & LEVERAGE SUMMARY FREE CASH FLOW (in millions) GROSS LEVERAGE RATIO* $700 $600 $500 $400 $300 $200 $100 $0 61% $297 19% $110 77% $469 95% $581 2012 2013 2014 LTM 1Q15 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 3.6 3.5 3.4 3.3 3.2 3.1 3.0 2.9 3.5x 2012 Pro Forma 3.3x 3.1x 3.1x 2013 2014 LTM 1Q15 Free Cash Flow Free Cash Flow / Non-GAAP Net Income* 2012 Pro Forma 2013 2014 LTM 1Q15 Debt paydown of ~$975 million since the Warnaco acquisition NOTE: Free cash flow defined as cash flow from operations less capital expenditures, contingent payments to Mr. Klein and dividends. * Figures exclude non-recurring and one-time items. Refer to Appendix for GAAP reconciliations. 6

PVH OVERVIEW: STRATEGIC OBJECTIVES 1. Continue to invest in the product, presentation and marketing for our brands 2. Significantly improving the operating results of the Calvin Klein European business over the next three years. Our goal is to reach the profitability levels achieved by the Tommy Hilfiger business in Europe 3. Expansion across high growth markets in Asia and Latin America for Tommy Hilfiger and Calvin Klein 4. Assuming more direct control over various Calvin Klein and Tommy Hilfiger licensed businesses in areas where we believe that we can maximize our core competencies to increase sales and our overall profitability 5. Continue to invest in our global operating platforms to support our growth strategies, with key investments being made in our e-commerce, HR, finance and planning systems 6. Investing in talent, developing our people and expanding learning and development opportunities across PVH are the keys to our future growth 7

PVH OVERVIEW: FINANCIAL OUTLOOK 2014 FUTURE REPORTED REVENUE EBIT MARGIN* REVENUE GROWTH EBIT MARGIN CALVIN KLEIN $2.9 BN 14.0% MSD-HSD >15% TOMMY HILFIGER $3.6 BN 14.2% MSD-HSD ~15% HERITAGE BRANDS $1.8 BN 6.2% LSD ~10% PVH $8.2 BN 11.2% MSD >12% * Figures exclude non-recurring and one-time items. Refer to Appendix for GAAP reconciliations of EBIT. LSD Low Single Digit Growth MSD Mid Single Digit Growth HSD High Single Digit Growth 8

CSR CONTINUES TO BE A TOP PRIORITY AT PVH This year we strengthened our commitment to corporate social responsibility by doing even more to protect human rights, preserve the environment and support communities. A leader in the Accord on Fire and Building Safety in Bangladesh, making factories safer places to work. Building on our world-class human rights program, growing our environmental program to reduce harmful impacts. Supporting the needs of women and children with a $5 million multi-year commitment to Save the Children, our worldwide philanthropic partner along with our other efforts. 2014 CSR Report coming Summer 2015. Visit pvhcsr.com. 9

PVH HAS BEEN RECOGNIZED BY OTHERS A SELECTION OF 2014/2015 AWARDS & RECOGNITIONS "America s Best Employers" list, ranked #314 overall "The World s Biggest Public Companies" list, one of only 17 Apparel & Accessory companies on the list Ranked #4 in the Apparel Industry on annual list of The World s Most Admired Companies (up from #7) Tommy Hilfiger #8 and Calvin Klein tied for #9 (with Michael Kors) on Digital IQ Index: Fashion Ranked #77 in "2015 Best Corporate Citizen's List" Ranked #2 in the Human Rights category and #20 in the Employee Relations category PVHCSR.com, home to PVH s annual CSR report, is a Webby Honoree in the 19 th Annual Webby Awards Calvin Klein received Integrated Campaign Mass Product/Service Grand Image Award; Tommy Hilfiger Winner in Design category 10

APPENDIX 11

GAAP to Non-GAAP Net Income Per Common Share Reconciliations (2003-2006) GAAP to Non-GAAP Reconciliations Net Income (Loss) Per Common Share (Dollars and Shares in Millions, Except Per Share Data) 2006 2005 2004 2003 Net Income (Loss) per Common Share Calculation GAAP Adjustments (1) Non-GAAP GAAP Adjustments (2) Non-GAAP GAAP Adjustments (3) Non-GAAP GAAP Adjustments (4) Non-GAAP Net Income $ 155.2 $ 6.4 $ 148.8 $ 103.9 $ 103.9 $ 58.6 $ (12.1) $ 70.7 $ 14.7 $ (35.8) $ 50.5 Preferred Stock Dividends on Converted Stock 3.2 3.2 2.1 $ 2.1 20.0 20.0 Inducement Payment and Offering Costs 10.9 10.9 14.2 14.2 Net Income (Loss) Available to Common Stockholders $ 141.1 $ (7.7) $ 148.8 $ 87.6 $ 16.3 $ 103.9 $ 58.6 $ (12.1) $ 70.7 $ (5.3) $ (35.8) $ 30.5 Total Shares for Diluted Net Income (Loss) per Common Share 53.5 (3.2) 56.7 51.7 (3.3) 55.0 51.6 51.6 30.3 (0.7) 31.0 Diluted Net Income (Loss) per Common Share $ 2.64 $ 2.62 $ 1.70 $ 1.88 $ 1.14 $ 1.37 $ (0.18) $ 0.98 (1) Adjustments for 2006 represent the elimination of (i) a pre-tax gain associated with the sale by our subsidiary on January 31, 2006 of minority interests in certain entities that operate various licensed Calvin Klein jeans and sportswear businesses in Europe and Asia; (ii) pre-tax costs resulting from the departure in February 2006 of our former chief executive officer; (iii) pre-tax costs associated with closing our apparel manufacturing facility in Ozark, Alabama in May 2006; (iv) the tax effects associated with these items; and (v) an inducement payment and offering costs incurred in connection with the voluntary conversion by the holders of our Series B convertible preferred stock of a portion of such stock into shares of common stock and the subsequent sale of a portion of such common shares by the holders. The inducement payment and offering costs resulted in a reduction of net income available to common stockholders for purposes of calculating diluted net income per common share. (2) Adjustments for 2005 represent the elimination of (i) an inducement payment and offering costs incurred in connection with the voluntary conversion by the holders of our Series B convertible preferred stock of a portion of such stock into shares of common stock and the subsequent sale of such common shares by the holders. The inducement payment and offering costs resulted in a reduction of net income available to common stockholders for purposes of calculating diluted net income per common share. (3) Adjustments for 2004 represent the elimination of (i) pre-tax charges related to debt extinguishment costs; (ii) pre-tax charges associated with the closing of certain outlet retail stores and exiting the wholesale footwear business and other related costs; (iii) a tax benefit associated with the realization of certain state net operating loss carryforwards; and (iv) the tax effects associated with these costs. (4) Adjustments for 2003 represent the elimination of (i) pre-tax charges related to integration costs associated with our acquisition of Calvin Klein; (ii) pre-tax charges associated with the impairment and closing of certain outlet retail stores and exiting the wholesale footwear business and other related costs; (iii) a pre-tax gain resulting from our sale of the minority interest in Gant Company AB; and (iv) the tax effects associated with these items. Calvin Klein integration costs consist of (a) the operating losses of certain Calvin Klein businesses, which we have closed or licensed, and associated costs in connection therewith and (b) the costs of certain duplicative personnel and facilities incurred during the integration of various logistical and back office functions. 12

GAAP to Non-GAAP Net Income Per Common Share Reconciliations (2008-2010) GAAP to Non-GAAP Reconciliations Net Income Per Common Share (Dollars and Shares in Millions, Except Per Share Data) 2010 2009 2008 GAAP Adjustments (1) Non-GAAP GAAP Adjustments (2) Non-GAAP GAAP Adjustments (3) Non-GAAP Net Income per Common Share Calculation Net Income (Loss) $ 54.4 $ (236.0) $ 290.4 $ 153.5 $ 7.2 $ 146.3 $ 39.1 $ (116.9) $ 156.0 Total Shares for Diluted Net Income per Common Share 67.4 67.4 52.5 52.5 52.2 52.2 Diluted Net Income per Common Share $ 0.81 $ 4.31 $ 2.92 $ 2.79 $ 0.75 $ 2.99 (1) Adjustments for the year ended January 30, 2011 represent the elimination of (i) the costs incurred in connection with our acquisition and integration of Tommy Hilfiger, including transaction, restructuring and debt extinguishment costs, short-lived non-cash valuation amortization charges and the effects of hedges against Euro to U.S. dollar exchange rates relating to the purchase price; (ii) the costs incurred in connection with our exit from the United Kingdom and Ireland Van Heusen dresswear and accessories business; (iii) the recognized actuarial loss on retirement plans; (iv) the tax effects associated with these costs; and (v) a tax benefit related to the lapse of the statute of limitations with respect to certain previously unrecognized tax positions. (2) Adjustments for the year ended January 31, 2010 represent the elimination of (i) the costs incurred in connection with our restructuring initiatives announced in the fourth quarter of 2008, including the shutdown of domestic production of machine-made neckwear, a realignment of our global sourcing organization, reductions in warehousing capacity and other initiatives to reduce corporate and administrative expenses; (ii) the recognized actuarial loss on retirement plans; (iii) the tax effects associated with these costs; and (iv) a net tax benefit related principally to the lapse of the statute of limitations with respect to certain previously unrecognized tax positions. (3) Adjustments for the year ended February 1, 2009 represent the elimination of (i) the costs incurred in connection with our restructuring initiatives announced in the fourth quarter of 2008, including the shutdown of domestic production of machine-made neckwear, a realignment of our global sourcing organization, reductions in warehousing capacity and other initiatives to reduce corporate and administrative expenses; (ii) fixed asset impairment charges for approximately 200 of our retail stores; (iii) the recognized actuarial loss on retirement plans; (iv) the operations of our Geoffrey Beene outlet retail division and the costs associated with the closing of such division; and (v) the tax effects associated with these costs. 13

GAAP to Non-GAAP Revenue Reconciliations GAAP to Non-GAAP Reconciliations Revenue (Dollars in Millions) 2013 (1) 2008 (2) 2003 (3) GAAP Revenue 8,186.4 2,492.0 1,569.0 Adjustments 30.0 (95.0) (21.0) Non-GAAP Revenue 8,216.4 2,397.0 1,548.0 (1) Adjustments for 2013 represent the revenue reduction due to sales returns for certain Warnaco wholesale customers in connection with initiative to reduce excess inventory levels and the costs incurred in connection with the acquisition and integration of Warnaco and the related restructuring. (2) Adjustments for 2008 represent the elimination of the operations of the Geoffrey Beene outlet retail division, which was closed. (5) Adjustments for 2003 represent the elimination of the operations of certain Calvin Klein businesses, which were closed or licensed. 14

GAAP to Non-GAAP Net Income Per Common Share Reconciliations (2011-2013) GAAP to Non-GAAP Reconciliations Net Income Per Common Share (Dollars and Shares in Millions, Except Per Share Data) 2013 2012 2011 GAAP Adjustments (1) Non-GAAP GAAP Adjustments (2) Non-GAAP GAAP Adjustments (3) Non-GAAP Total Earnings Before Interest and Taxes 513.4 (453.5) 966.9 660.4 (91.2) 751.6 491.2 (190.7) 681.9 Net Income per Common Share Calculation Net Income (Loss) Attributable to PVH Corp. $ 143.5 $ (437.5) $ 581.0 $ 433.8 $ (52.6) $ 486.4 $ 275.7 $ (121.2) $ 396.9 Total Shares for Diluted Net Income per Common Share 82.6 82.6 73.9 73.9 72.9 72.9 Diluted Net Income per Common Share $ 1.74 $ 7.03 $ 5.87 $ 6.58 $ 3.78 $ 5.44 (1) Adjustments for 2013 represent the elimination of (i) the expenses associated with our acquisition and integration of Warnaco and the related restructuring; (ii) the loss incurred in connection with the sale of substantially all of the assets of the Bass business, including related costs; (iii) the income due to the amendment of an unfavorable contract, which resulted in the reduction of a liability recorded at the time of the Tommy Hilfiger acquisition; (iv) the costs incurred in connection with our debt modification and extinguishment; (v) the interest expense incurred prior to the Warnaco acquisition closing date related to the $700 million of senior notes issued in 2012; (vi) the recognized actuarial gains on retirement plans; (vii) the tax effects associated with these items; (viii) nonrecurring discrete tax items related to the Warnaco integration; and (ix) a non-recurring discrete tax item attributable to an increase in our previously-established liability for an uncertain tax position related to European and U.S. transfer pricing arrangements. (2) Adjustments for 2012 represent the elimination of (i) the costs incurred in connection with our integration of Tommy Hilfiger and the related restructuring; (ii) the costs incurred in connection with our acquisition of Warnaco; (iii) the interest expense incurred prior to the Warnaco acquisition closing date related to the $700 million of senior notes issued in 2012; (iv) the recognized actuarial losses on retirement plans; (v) the tax effects associated with these costs; and (vi) the tax benefit resulting from the recognition of previously unrecognized net operating loss assets and tax credits. (3) Adjustments for 2011 represent the elimination of (i) the costs incurred in connection with our integration of Tommy Hilfiger and the related restructuring; (ii) the expense incurred associated with settling the unfavorable preexisting license agreement in connection with our buyout of the Tommy Hilfiger perpetual license in India; (iii) the costs incurred in connection with our modification of our credit facility; (iv) the costs incurred in connection with our negotiated early termination of our license to market sportswear under the Timberland brand and the 2012 exit from the Izod women s wholesale sportswear business; (v) the recognized actuarial losses on retirement plans; (vi) the tax effects associated with these costs; and (vii) the tax benefit resulting from revaluing certain deferred tax liabilities due to a decrease in the statutory tax rate in Japan. 15

GAAP to Non-GAAP Gross Debt / Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) Reconciliations (2012 Pro Forma) GAAP to Non-GAAP Reconciliations Gross Debt/Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) Dollars in Billions, Except Ratios 2012 PF (1) GAAP EBIT (2) 0.7 Pre-tax Non-recurring and One-time items (3) 0.3 EBIT excluding Non-recurring and One-time Items and Run-rate Synergies 1 Run-rate Synergies (4) 0.1 EBIT excluding Non-recurring and One-time Items 1.1 GAAP Depreciation and Amortization 0.1 EBIT excluding Non-recurring and One-time Items and Depreciation and Amortization 1.3 Total Debt 4.5 Gross Leverage Ratio 3.5 (1) Combined pro forma assumes the Warnaco acquisition was completed on the first day of PVH's 2012 fiscal year. (2) Amount includes assumed reduction in earnings due to the loss of the Chaps license. (3) Adjustments represent the elimination of one-time integration/transaction costs, restructuring costs and other items in 2012. (4) Reflects annual run rate synergies. 16

GAAP to Non-GAAP Gross Debt/Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) Reconciliations GAAP to Non-GAAP Reconciliations Gross Debt/Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) (Dollars in Millions) 2013 (4) 2014 (3) Q1 2014 (2) Q1 2015 (1) Q1 2015 GAAP Net Income $ 144 $ 439 $ 35 $ 114 $ 518 Pre-Tax Non-recurring and One-time Items 454 391 119 19 291 GAAP Interest and Taxes 370 91 49 63 104 GAAP Depreciation and Amortization 314 245 61 61 245 Interest Included in Non-recurring and One-time Items (1) - - - - Depreciation and Amortization Included in Non-recurring and One-time Items (83) (6) (2) (2) (6) Non-GAAP EBITDA as presented $ 1,197 $ 1,160 $ 262 $ 256 $ 1,153 Debt, Including Current Portion and Short-term Borrowings $ 3,970 $ 3,547 $ 3,500 Capital Lease Obligations 25 18 19 Total Debt $ 3,995 $ 3,565 $ 3,519 Gross Leverage Ratio 3.3 3.1 3.1 (1) Non-recurring and one-time items for the quarter ended May 3, 2015 represent (i) the costs incurred in connection with our integration of Warnaco and the related restructuring; and (ii) the costs incurred in connection with operating and exiting the Izod retail business. (2) Non-recurring and one-time items for the quarter ended May 4, 2014 represent (i) the costs incurred in connection with our integration of Warnaco and the related restructuring; (ii) the costs incurred related to the sale of the Bass business; (iii) the costs incurred in connection with the amendment and restatement of our credit facility and the related redemption of our 7 3/8% senior notes due 2020; and (iv) the net gain on the deconsolidation of certain Calvin Klein subsidiaries in Australia and New Zealand and the previously consolidated Calvin Klein joint venture in India. (3) Non-recurring and one-time items for 2014 represent (i) the costs incurred associated with our integration of Warnaco and the related restructuring; (ii) the costs incurred in connection with exiting the Izod retail business, including noncash impairment charges; (iii) the costs incurred in connection with our exit of a discontinued product line in the Tommy Hilfiger Japan business; (iv) the impairment of certain Tommy Hilfiger stores in North America; (v) the costs incurred related to the sale of the Bass business; (vi) the costs incurred in connection with the amendment and restatement of our credit facility and the related redemption of our 7 3/8% senior notes due 2020; (vii) the net gain on the deconsolidation of certain Calvin Klein subsidiaries in Australia and New Zealand and the previously consolidated Calvin Klein joint venture in India; and (viii) the recognized actuarial loss on retirement plans. LTM (4) Non-recurring and one-time items for 2013 represent (i) the costs incurred associated with our acquisition and integration of Warnaco and the related restructuring; (ii) the loss incurred in connection with the sale of substantially all of the assets of our Bass business, including related costs; (iii) the income recorded due to the amendment of an unfavorable contract, which resulted in the reduction of a liability recorded at the time of the Tommy Hilfiger acquisition; (iv) the costs incurred in connection with our debt modification and extinguishment; (v) the interest expense incurred prior to the Warnaco acquisition closing date related to the $700 of senior notes issued in 2012; and (vi) the recognized actuarial gain on retirement plans. 17

GAAP to Non-GAAP Net Income per Common Share Reconciliations GAAP to non-gaap Reconciliations Net Income per Common Share (Dollars and Shares in Millions, Except Per Share Data) GAAP Adjustments (1) Non-GAAP GAAP Adjustments (2) Non-GAAP GAAP Adjustments (3) Non-GAAP Earnings Before Interest and Taxes Calvin Klein $ 344.3 $ (57.1) $ 401.4 Tommy Hilfliger 504.1 (5.3) 509.4 Heritage Brands 71.8 (39.7) 111.5 Corporate (390.3) (288.6) (101.7) Total Earnings Before Interest and Taxes $ 529.9 (390.7) $ 920.6 Tommy Hilfiger International $ 261.2 $ (3.0) $ 264.2 Net Income per Common Share Calculation Net Income Attributable to PVH Corp. $ 114.1 $ (10.6) $ 124.7 $ 35.3 $ (86.8) $ 122.1 $ 439.0 $ (168.8) $ 607.8 Total Shares for Diluted Net Income per Common Share 83.4 83.4 83.2 83.2 83.3 83.3 Diluted Net Income per Common Share $ 1.37 $ 1.50 $ 0.42 $ 1.47 $ 5.27 $ 7.30 Negative Impact Primarily Related to Foreign Currency $ 0.27 Non-GAAP EPS Excluding Negative Impact Primarily Related to Foreign Currency $ 1.77 YoY Non-GAAP EPS Excluding Negative Impact Primarily Related to Foreign Currency 20% Q1 2015 Q1 2014 Full Year 2014 (1) Represents the impact on net income in the quarter ended May 3, 2015 from the elimination of (i) the costs incurred in connection with our integration of Warnaco and the related restructuring; (ii) the costs incurred in connection with operating and exiting the Izod retail business; (iii) the tax effects associated with the foregoing items; and (iv) the tax benefits associated with non-recurring discrete items related to the resolution of uncertain tax positions. (2) Represents the impact on net income in the quarter ended May 4, 2014 from the elimination of (i) the costs incurred in connection with our integration of Warnaco and the related restructuring; (ii) the costs incurred related to the sale of the Bass business; (iii) the costs incurred in connection with the amendment and restatement of our credit facility and the related redemption of our 7 3/8% senior notes due 2020; (iv) the net gain on the deconsolidation of certain Calvin Klein subsidiaries in Australia and New Zealand and the previously consolidated Calvin Klein joint venture in India; and (v) the tax effects associated with the foregoing items. (3) Represents the impact on net income in the year ended February 1, 2015 from the elimination of (i) the costs incurred in connection with our integration of Warnaco and the related restructuring; (ii) the costs incurred in connection with the exit of the Izod retail business, including noncash impairment charges; (iii) the costs incurred in connection with the exit of a discontinued product line in the Tommy Hilfiger Japan business; (iv) the impairment of certain Tommy Hilfiger stores in North America; (v) the costs incurred related to the sale of the Bass business; (vi) the costs incurred in connection with the amendment and restatement of our credit facility and the related redemption of our 7 3/8% senior notes due 2020; (vii) the net gain on the deconsolidation of certain Calvin Klein subsidiaries in Australia and New Zealand and the previously consolidated Calvin Klein joint venture in India; (viii) the recognized actuarial loss on retirement plans; (ix) the tax effects associated with the foregoing items; and (x) the tax benefits associated with non-recurring discrete items primarily related to various Warnaco integration activities and the resolution of uncertain tax positions. 18