The Warnaco Group, Inc. (NYSE: WRC) today reported results for the fourth quarter and fiscal year ended January 2, 2010.

For the fourth quarter:

• Net revenues were $505.4 million, up 14% from the prior year quarter
• Net revenues, on a constant currency basis, rose 8% compared to the prior year quarter
• Gross margin increased 160 basis points from the prior year quarter to 44% of net revenues
• Selling, general and administrative (SG&A) expense decreased 360 basis points to 34% of net revenues
• Operating income was $28.0 million compared to an $11.9 million loss in the prior year quarter, and operating margin was 6% of net revenues.
• Income per diluted share from continuing operations was $0.29 compared to a loss of $0.27 in the prior year quarter and includes costs related to pension expense, restructuring expenses, certain tax related items and other items of $0.35 and $0.55 per diluted share, respectively
• On an adjusted, non-GAAP basis excluding the items above, income per diluted share from continuing operations was $0.64 compared to $0.28 for the prior year quarter.

The Warnaco Group, Inc. (NYSE: WRC) is scheduled to present at the JP Morgan 2009 SMID Cap Conference on Wednesday, December 2, 2009.

Warnaco’s presentation is scheduled to begin at approximately 10:15 am EST on Wednesday, December 2, 2009. The presentation will be webcast and may be accessed via the investor relations page of Warnaco’s website at www.warnaco.com. For those unable to participate, an archived broadcast will be available shortly following the presentation.

ABOUT WARNACO

The Warnaco Group, Inc., headquartered in New York, is a leading apparel company engaged in the business of designing, sourcing, marketing and selling intimate apparel, menswear, jeanswear, swimwear, men’s and women’s sportswear and accessories under such owned and licensed brands as Warner’s^®, Olga^® and Speedo^®, as well as Chaps® sportswear and denim, and Calvin Klein^® men’s and women’s underwear, men’s and women’s bridge apparel and accessories, men’s and women’s jeans and jeans accessories, junior women’s and children’s jeans and men’s and women’s swimwear.

The Warnaco Group, Inc. (NYSE: WRC) is scheduled to present at the 14^th Annual Morgan Stanley Global Consumer and Retail Conference on Thursday, November 19, 2009.

The Warnaco Group, Inc. (NYSE: WRC) today announced the appointment of Michael Prendergast as President of its Chaps^® division. Mr. Prendergast will oversee design, development, merchandising, marketing and sales for the Chaps^® brand and will report directly to Frank Tworecke, President of the Sportswear Group.

The Warnaco Group, Inc. (NYSE: WRC) today reported results for the second quarter ended July 4, 2009.

For the second quarter:

• Net revenues were $455.9 million, down 9% from the prior year quarter
• Net revenues, on a constant currency basis, fell 0.5% compared to the prior year quarter
• Gross margin decreased 320 basis points to 41% of net revenues
• Selling, general & administrative (SG&A) expense, as a percent of net revenues, declined 260 basis points to 32%
• Operating income was $40.7 million, or 9% of net revenues, compared to $48.9 million, or 10% of net revenues, in the prior year quarter
• Income per diluted share from continuing operations was $0.40 compared to $0.56 in the prior year quarter, and include $0.08 and $0.14, respectively, of costs related to restructuring expenses, pension expense, certain tax related items and other items
• Adjusted, non-GAAP (excluding the items above) income per diluted share from continuing operations was $0.48 compared to $0.70 for the prior year quarter