GOODWILL

3 Months Ended

May 01, 2011

Notes to Financial Statements [Abstract]

5. GOODWILL

The changes in the carrying amount of goodwill for the period ended May 1, 2011, by segment, were as follows:

	Heritage
	Brand		Heritage				Tommy
	Wholesale		Brand				Hilfiger		Tommy
	Dress		Wholesale		Calvin Klein		North		Hilfiger
	Furnishings		Sportswear		Licensing		America		International		Total

Balance as of January 30, 2011
Goodwill, gross	$	70,589	$	84,553	$	304,924	$	198,501	$	1,161,920	$	1,820,487
Accumulated impairment losses		-		-		-		-		-		-
Goodwill, net		70,589		84,553		304,924		198,501		1,161,920		1,820,487
Contingent purchase price payments to
Mr. Calvin Klein		-		-		11,690		-		-		11,690
Currency translation		-		-		388		-		97,232		97,620
Balance as of May 1, 2011
Goodwill, gross		70,589		84,553		317,002		198,501		1,259,152		1,929,797
Accumulated impairment losses		-		-		-		-		-		-
Goodwill, net	$	70,589	$	84,553	$	317,002	$	198,501	$	1,259,152	$	1,929,797

The Company is required to make contingent purchase price payments to Mr. Calvin Klein in connection with the Company’s acquisition in 2003 of all of the issued and outstanding stock of Calvin Klein, Inc. and certain affiliated companies (collectively, “Calvin Klein”). Such payments are based on 1.15% of total worldwide net sales, as defined in the agreement (as amended) governing the Calvin Klein acquisition, of products bearing any of the Calvin Klein brands and are required to be made with respect to sales made through February 12, 2018. A significant portion of the sales on which the payments to Mr. Klein are made are wholesale sales by the Company and its licensees and other partners to retailers.