<ARTICLE> 5 <LEGEND> THE YEARS ENDED FEBRUARY 2, 1997 AND JANUARY 28, 1996 ARE PRESENTED TO REFLECT THE EPS DATA REQUIRED BY FAS128, WHICH WAS ADOPTED BY PHILLIPS-VAN HEUSEN CORPORATION FOR THE YEAR ENDED FEBRUARY 1, 1998. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> FEB-02-1997 JAN-28-1996 <PERIOD-END> FEB-02-1997 JAN-28-1996 <CASH> 11,590 17,533 <SECURITIES> 0 0 <RECEIVABLES> 95,207 115,380 <ALLOWANCES> 3,401 5,514 <INVENTORY> 237,422 276,773 <CURRENT-ASSETS> 362,958 444,664 <PP&E> 137,060<F1> 143,398<F1> <DEPRECIATION> 0<F1> 0<F1> <TOTAL-ASSETS> 657,436 749,055 <CURRENT-LIABILITIES> 122,266 183,126 <BONDS> 189,398 229,548 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 27,046 26,979 <OTHER-SE> 263,112 248,313 <TOTAL-LIABILITY-AND-EQUITY> 657,436 749,055 <SALES> 1,359,593 1,464,128 <TOTAL-REVENUES> 1,359,593 1,464,128 <CGS> 910,517 987,921 <TOTAL-COSTS> 910,517 987,921 <OTHER-EXPENSES> 401,338 455,634 <LOSS-PROVISION> 0<F2> 0<F2> <INTEREST-EXPENSE> 23,164 23,199 <INCOME-PRETAX> 24,574 (2,626) <INCOME-TAX> 6,044 (2,920) <INCOME-CONTINUING> 18,530 294 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 18,530 294 <EPS-PRIMARY> 0.69 0.01 <EPS-DILUTED> 0.68 0.01 <FN> <F1>Property, plant and equipment is presented net of accumulated depreciation. <F2>Provision for doubtful accounts is included in other costs and expenses. </FN>