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OTHER NEWS

<i> Times Staff and Wire Reports</i>

Izod Label Is Part of Purchase: Phillips-Van Heusen Corp. said it has agreed to buy Crystal Brands Inc.'s apparel group for $114.7 million cash. The acquisition includes the Izod, Gant and Salty Dog brand names. Phillips-Van Heusen, based in New York, is best known for its Bass brand footwear and Van Heusen and Geoffrey Beene men’s clothing. Crystal Brands, based in Southport, Conn., has been operating under Chapter 11 bankruptcy protection.


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