SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13-1(b), (c) and (d)
AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 1)(1)
--
Phillips-Van Heusen Corporation
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(Name of Issuer)
Common Stock, par value $1.00 per share
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(Title of Class of Securities)
718592 10 8
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(CUSIP Number)
December 31, 1998
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(Date of Event which Requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilites of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP No. 718592 10 8 13G Page 2 of 7 Pages
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Vaneton International, Inc. EIN: N/A
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2 Check the Appropriate Box If a Member of a Group*
a. |_|
b. |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
British Virgin Islands
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Number of 5 Sole Voting Power
Shares
--------------------------------------------------------
Beneficially 6 Shared Voting Power
Owned By 3,660,001
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Each 7 Sole Dispositive Power
Reporting
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Person 8 Shared Dispositive Power
With 3,660,001
--------------------------------------------------------
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
3,660,001
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
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11 Percent of Class Represented By Amount in Row (9)
13.4%
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12 Type of Reporting Person*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 718592 10 8 13G Page 3 of 7 Pages
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Dr. Richard Lee EIN: N/A
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2 Check the Appropriate Box If a Member of a Group*
a. |_|
b. |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
United Kingdom
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Number of 5 Sole Voting Power
Shares
--------------------------------------------------------
Beneficially 6 Shared Voting Power
Owned By 3,660,001
--------------------------------------------------------
Each 7 Sole Dispositive Power
Reporting
--------------------------------------------------------
Person 8 Shared Dispositive Power
With 3,660,001
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
3,660,001
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
13.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Item 1(a). Name of Issuer:
Phillips-Van Heusen Corporation
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Item 1(b). Address of Issuer's Principal Executive Offices:
1290 Avenue of the Americas, New York, New York 10104
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Item 2(a). Name of Person Filing:
Vaneton International, Inc.
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Item 2(b). Address of Principal Business Office or, if None, Residence:
P.O. Box 3340, Road Town, Tortola, British Virgin Islands
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Item 2(c). Citizenship:
British Virgin Islands
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Item 2(d). Title of Class of Securities:
Common Stock, par value $1.00 per share
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Item 2(e). CUSIP NUMBER:
718592 10 8
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Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b) or (c) or 13d-2(b),
Check Whether the Person Filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Securities
Exchange Act;
(b) |_| Bank as defined in Section 3(a)(6) of the Securities Exchange
Act;
(c) |_| Insurance company as defined in Section 3(a)(19) of the
Securities Exchange Act;
(d) |_| Investment company registered under Section 8 of the Investment
Company Act;
(e) |_| An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan in accordance with Rule
13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) |_| A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) |_| A group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. |X|
<PAGE>
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
3,660,001
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(b) Percent of class:
13.4%
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to
direct the vote __________________________________
(ii) Shared power to vote or to
direct the vote 3,660,001
----------------------------------
(iii) Sole power to dispose or to direct the
disposition of
__________________________________
(iv) Shared power to dispose or to direct
the disposition of 3,660,001
----------------------------------
Instruction: For computations regarding securities which
represent a right to acquire an underlying security see Rule
13d-3(d)(1).
Item 1(a). Name of Issuer:
Phillips-Van Heusen Corporation
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Item 1(b). Address of Issuer's Principal Executive Offices:
1290 Avenue of the Americas, New York, New York 10104
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Item 2(a). Name of Person Filing:
Dr. Richard Lee
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Item 2(b). Address of Principal Business Office, or, if None, Residence:
6/F TAL Building 49 Austin Road, Kowloon Hong Kong
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Item 2(c). Citizenship:
United Kingdom
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Item 2(d). Title of Class of Securities:
Common Stock, par value $1.00 per share
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Item 2(e). CUSIP NUMBER:
718592 10 8
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<PAGE>
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c),
Check Whether the Person Filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Exchange
Act;
(b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange
Act;
(d) |_| Investment company registered under Section 8 of the Investment
Company Act;
(e) |_| An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) |_| An employee benefit plan in accordance with Rule
13d-1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) |_| A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) |_| A group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. |X|
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
3,660,001
--------------------------------------------------------------
(b) Percent of class:
13.4%
--------------------------------------------------------------
(c) Number of shares as to which such person has:
(i) Sole power to vote or to
direct the vote __________________________________
(ii) Shared power to vote or to
direct the vote 3,660,001
----------------------------------
(iii) Sole power to dispose or to direct the
disposition of
__________________________________
(iv) Shared power to dispose or to direct
the disposition of 3,660,001
----------------------------------
Instruction: For computations regarding securities which represent a right
to acquire an underlying security, see Rule 13d-3(d)(1).
<PAGE>
Item 5. Ownership of Five Percent or Less of a Class. Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company. Not
Applicable
Item 8. Identification and Classification of Members of the Group. Not
Applicable
Item 9. Notice of Dissolution of Group. Not Applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
January 4, 1999
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(Date)
Vaneton International Limited
By: /s/ Richard Lee
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Name: Dr. Richard Lee
Title: Director
/s/ Richard Lee
-------------------------------------------
Dr. Richard Lee
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative (other than an executive
officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement; provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
Note. Schedules filed in paper format shall include a signed original and
five copies of the schedules including all exhibits. See Rule 13d-7(b) for other
parties for whom copies are to be sent.
Attention. Intentional misstatements or omissions of fact constitute
federal criminal violations. (See 18 U.S.C. 1001.)
