SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

_____________

FORM 11-K

ANNUAL REPORT
PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

(Mark One):

ý
  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED, EFFECTIVE OCTOBER 7, 1996].

For the fiscal year ended December 31, 1999

OR

o
  TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED].

For the transition period from __________ to __________

Commission file number 1-724

1. Full title of the plan and the address of the plan, if different from that of the issuer named below:  PVH Associates Investment Plan For
Residents Of The Commonwealth Of Puerto Rico
2. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: Phillips-Van Heusen
Corporation, 200 Madison Avenue, New York, New York 10016





The Plan.  Pursuant to the requirements of the Securities Exchange Act of 1934, the Administrative Committee has duly caused this annual
report to be signed on its behalf by the undersigned hereunto duly authorized.

PHILLIPS-VAN HEUSEN CORPORATION

ASSOCIATES INVESTMENT PLAN FOR

THE RESIDENTS OF THE

COMMONWEALTH OF PUERTO RICO





|Date:  June 23, 2000 | By  /s/ Pamela N. Hootkin   
|-------------------- | ----------------------------
|                     |                             
|                     | Pamela N. Hootkin, Member of
|                     | Administrative Committee    

Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico





Financial Statements







Years ended December 31, 1999 and 1998





Contents







Report of Independent Auditors	F-2

Statements of Net Assets Available for Plan Benefits 	F-3

Statements of Changes in Net Assets Available for Plan Benefits 	F-4

Notes to Financial Statements	F-5





The Plan's investment assets are held in a Master Trust for which a separate report is filed with the Department of Labor.
Accordingly, supplemental schedules of Assets Held for Investment Purposes and Reportable Transactions of the Master Trust have not been presented.





F-1



[Letterhead of Ernst & Young LLP]











Report of Independent Auditors



Administrative Committee of the Plan

Phillips-Van Heusen Corporation

Associates Investment Plan for Associates who are 
Residents of the Commonwealth of Puerto Rico

We have audited the accompanying statements of net assets available for plan benefits of the Phillips-Van Heusen Corporation
Associates Investment Plan for Associates who are Residents of the Commonwealth of Puerto Rico as of December 31, 1999 and 1998, and the related
statements of changes in net assets available for plan benefits for the years then ended.  These financial statements are the responsibility of the
Plan's management.  Our responsibility is to express an opinion on these financial statements based on our audits.



We conducted our audits in accordance with auditing standards generally accepted in the United States.  Those standards require that
we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.  An audit
includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.  An audit also includes assessing the
accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.  We believe
that our audits provide a reasonable basis for our opinion.



In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for
plan benefits of the Plan as of December 31, 1999 and 1998, and the changes in its net assets available for plan benefits for the years then ended,
in conformity with accounting principles generally accepted in the United States.





/s/ Ernst & Young LLP



June 7, 2000

F-2



Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico



Statements of Net Assets Available for Plan Benefits







|                                            | December 31
|------------------------------------------- | -----------
|                                            | 1999       
|                                            |            
|Assets                                      |            
|Investments, at fair value (Notes A and E): |            
|Shares of registered investment companies:  |            
|Equity Fund                                 | $  62,691  
|Bond Fund                                   | 13,634     
|Balanced Fund                               | 58,181     
|International Fund                          | 5,387      
|S&P 500 Index Fund                          | 4,861      
|Small Cap Fund                              | 256        
|Common Stock--Employer Company Fund         | 45,112     
|Common Trust Fund                           | 21,022     
|Participant loans receivable                | 3,371      
|Net assets available for plan benefits      | $214,515   





See notes to financial statements.

F-3



Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico



Statements of Changes in Net Assets Available for Plan Benefits







|                                                                        | Year ended December 31
|----------------------------------------------------------------------- | ----------------------
|                                                                        | 1999                  
|                                                                        |                       
|Additions                                                               |                       
|Contributions:                                                          |                       
|Employer company, net of forfeitures                                    | $  26,547             
|Employees                                                               | 67,055                
|                                                                        | 93,602                
|Interest and investment income                                          | 27,376                
|Total additions                                                         | 120,978               
|                                                                        |                       
|Deductions                                                              |                       
|Payments to participants                                                | 546,144               
|Total deductions                                                        | 546,144               
|                                                                        |                       
|Net realized and unrealized appreciation (depreciation) 
of investments | 27,918                
|Net decrease                                                            | (397,248)             
|                                                                        |                       
|Net assets available for plan benefits at beginning of year             | 611,763               
|Net assets available for plan benefits at end of year                   | $214,515              



See notes to financial statements.

F-4

Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico

Notes to Financial Statements



December 31, 1999



A.  Description of the Plan



The following description of the Phillips-Van Heusen Corporation (the "Company") Associates Investment Plan for Associates
who are Residents of the Commonwealth of Puerto Rico (the "Plan") provides only general information.  Participants should refer to the Plan
Document for a more complete description of the Plan's provisions.



General



The Plan is a defined contribution plan covering salaried clerical and hourly production associates of the Company who are residents
of the Commonwealth of Puerto Rico, have at least one year of service (1,000 hours in a year) and are age 21 or older.  The Plan is subject to
the reporting and disclosure requirements of the Employee Retirement Income Security Act of 1974 ("ERISA").



Contributions



Each year, participants may contribute up to 10% of pre-tax annual compensation, as defined by the Plan.  Through March 31,
1999, the Company contributed 50% of the first 6% of base compensation that a participant contributed to the Plan.  Effective April 1, 1999, the
Company matched 100% of the first 2% of base compensation that a participant contributed to the Plan plus 25% of the next 4% of base compensation
contributed by the participant.



Participant Accounts



Each participant's account is credited with the participant's contributions and allocations of (a) the Company's contributions
and (b) Plan earnings.  Forfeited balances of terminated participants' nonvested accounts are used to reduce future Company contributions.  Through
March 31, 1999, 100% of the Company contributions were automatically invested in the common stock of the Company.  Effective April 1, 1999,
the Company contributions were invested in any fund offered by the Plan as elected by the participant.  However, existing balances as of March 31,
1999 must remain in the Employer Company Fund until participants are age 55 or older, at which time they may choose to transfer their
investment.



Vesting



Through March 31, 1999, amounts attributable to Company contributions become vested on the participant's 65th birthday or if the
participant's employment by the Company terminates by reason of the participant's death or permanent disability or the participant



F-5



Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico

Notes to Financial Statements (continued)





A.  Description of the Plan (continued)



has completed five years of service with the Company.  Effective April 1, 1999, the Company's contribution becomes 25% vested
after two years from the participant's date of hire and vests 25% more each year, reaching 100% after five years of service.  The vesting provisions not
related to years of service remain the same.



Investment Options



Upon enrollment in the Plan, a participant may direct employee contributions into any of six investment options.  A participant may
contribute a maximum of 25% of employee contributions into the Phillips-Van Heusen Corporation Common Stock Fund.



Participant Loans Receivable



Participants may borrow from the Plan, with certain restrictions, using their vested account balance as collateral.  The minimum loan
amount is $1,000 and the maximum loan amount is the lesser of (i) $50,000 reduced by the participant's highest outstanding loan balance during the
previous 12 months, or (ii) 50% of the vested value of the participant's account.  Interest is fixed for the term of the loan at the prime
rate as of the first business day of the month of application as published in The Wall Street Journal, plus 1%.  Loan repayments are made through
payroll deductions which may be specified for a term of 1 to 5 years or up to 15 years for the purchase of a primary residence.



Forfeitures



Contributions made on behalf of non-vested employees who have terminated are retained by the Plan and are used to reduce the
Company's future matching contributions.  At December 31, 1999, approximately $90 was held by the Plan as forfeitures of non-vested terminated
employees.



Payment of Benefits



Participants entitled to final distributions generally will receive payment in the form of a lump-sum amount equal to the value of
their vested account.



Plan Termination



Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any
time and to terminate the Plan subject to the provisions of ERISA.  In the event of Plan termination, participants will become 100% vested in their
accounts.



F-6





Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico

Notes to Financial Statements (continued)



B.  Significant Accounting Policies



The accounting records of the Plan are maintained on the accrual basis.



Substantially all administrative expenses are paid by the Company.



In accordance with the Rules and Regulations of the Department of Labor, investments are included in the accompanying financial
statements at market value as determined by quoted market prices or at fair value as determined by Wachovia Bank, N.A. ("Wachovia") for the
applicable Wachovia investment funds.  Purchases and sales of securities are reflected on a trade date basis.



All assets of the Plan are held by Wachovia in the Company's Associates Investment Plan Master Trust (the "AIP Master
Trust") and are segregated from the assets of the Company.  The Plan shares in AIP Master Trust interest and investment income based upon its
participants' shares of AIP Master Trust net assets available for plan benefits.  The AIP Master Trust's investments include an interest contract with
an insurance company that has been placed into conservatorship in 1991.  In November 1998, the AIP Master Trust received its principal in the interest
contract plus accrued interest, as defined in the conservatorship agreement.  The Plan does not have a beneficial interest in this interest
contract.



The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make
estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.  Actual results could differ from those
estimates.



C.  Transactions with Parties-in-Interest



During the years ended December 31, 1999 and 1998, the AIP Master Trust purchased 134,121 and 56,702 shares, respectively, of
the Company's common stock and received $206,205 and $197,777, respectively, from the Company as payment of dividends on its common stock.  The AIP
Master Trust also sold 42,849 and 14,961 shares of the Company's common stock during the years ended December 31, 1999 and 1998,
respectively.



F-7



Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico

Notes to Financial Statements (continued)



D. Changes in the AIP Master Trust Net Assets Held by Fund



The Plan is one of three plans in the AIP Master Trust and represents an approximate .003% and .01% interest in the trust at
December 31, 1999 and 1998, respectively.  Changes in the AIP Master Trust net assets held by fund during the year ended December 31, 1999 were as
follows:





|                                                        | Phillips-Van
Heusen
Corporation
Common
Stock Fund | Money
Market
Fund | Bond
Fund    | Balanced
Fund  | Equity
Fund    | Prior
International
Fund | Current
International
Fund | Small Cap
Fund | S&P 500 Index
Fund | Loan
Fund     | Total         
|------------------------------------------------------- | ------------------------------------------------- | ----------------- | ------------ | -------------- | -------------- | ------------------------ | -------------------------- | -------------- | ------------------ | ------------- | --------------
|                                                        |                                                   |                   |              |                |                |                          |                            |                |                    |               |               
|Net assets at beginning of year                         | $  9,414,931                                      | $11,971,150       | $2,267,092   | $11,531,743    | $21,524,027    | $ 3,102,987              | $              -           | $            - | $               -  | $1,277,474    | $ 61,089,404  
|Interest and investment income                          | 214,127                                           | 430,750           | 138,478      | 910,728        | 1,560,485      | 23                       | 558                        | 66             | 20,457             | 104,046       | 3,379,718     
|Contributions received:                                 |                                                   |                   |              |                |                |                          |                            |                |                    |               |               
|Employer Company, net of forfeitures                    | 1,390,132                                         | 35,878            | 29,878       | 103,013        | 284,658        | 927                      | 30,241                     | 48,537         | 270,658            | -             | 2,193,922     
|Employees                                               | 263,002                                           | 475,927           | 320,138      | 1,149,344      | 2,306,608      | 154,523                  | 293,215                    | 114,911        | 464,066            | -             | 5,541,734     
|Net realized and unrealized appreciation (depreciation) | 1,608,452                                         | -                 | (116,831)    | (586,889)      | 658,027        | 199,933                  | 1,352,997                  | 105,301        | 225,610            | -             | 3,446,600     
|Loans to participants, net of repayments                | 12,301                                            | (26,125)          | (6,087)      | (21,836)       | (41,100)       | 11,412                   | (30,680)                   | (4,344)        | (14,455)           | 120,914       | -             
|Payments to participants                                | (1,150,380)                                       | (5,085,127)       | (369,106)    | (1,370,777)    | (2,690,712)    | (58,662)                 | (269,592)                  | (668)          | (21,978)           | (490,265)     | (11,507,267)  
|Administrative expenses                                 | (5,048)                                           | (2,017)           | (4)          | (10)           | (15)           | (1)                      | (1)                        | (2)            | (3)                | (10)          | (7,111)       
|Transfers (to) from other accounts                      | (277,080)                                         | (482,347)         | (81,895)     | (665,155)      | 12,809         | 64,882                   | (357,989)                  | 326,244        | 1,460,032          | 499           | -             
|Transfer (to) from International Fund                   | -                                                 | -                 | -            | -              | -              | (3,476,024)              | 3,476,024                  | -              | -                  | -             | -             
|Net assets at end of year                               | $11,470,437                                       | $  7,318,089      | $2,181,663   | $11,050,161    | $23,614,787    | $                -       | $4,494,773                 | $590,045       | $2,404,387         | $1,012,658    | $ 64,137,000  
|Plan's beneficial interest at end of year               | $       45,112                                    | $       21,022    | $     13,634 | $       58,181 | $       62,691 | $                -       | $       5,387              | $       256    | $       4,861      | $       3,371 | $      214,515



Note:  Certain funds above include investments in the Chase Manhattan Bank Domestic Liquidity Fund

F-8

.

Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico

Notes to Financial Statements (continued)

D. Changes in the AIP Master Trust Net Assets Held by Fund (continued)



Changes in the AIP Master Trust net assets held by fund during the year ended December 31, 1998 were as follows:





|                                                        | Phillips-Van
Heusen
Corporation
Common
Stock Fund | Money
Market
Fund | Bond
Fund    | Balanced
Fund | Equity
Fund   | International
Fund | Fixed
Income
Fund | Loan
Fund    | Total        
|------------------------------------------------------- | ------------------------------------------------- | ----------------- | ------------ | ------------- | ------------- | ------------------ | ----------------- | ------------ | -------------
|                                                        |                                                   |                   |              |               |               |                    |                   |              |              
|Net assets at beginning of year                         | $19,905,879                                       | $  9,046,544      | $2,314,921   | $  9,387,001  | $16,163,805   | $3,585,363         | $4,575,539        | $1,371,795   | $66,350,847  
|Interest and investment income                          | 226,343                                           | 474,862           | 138,565      | 1,154,085     | 1,133,584     | 329,613            | 377,524           | -            | 3,834,576    
|Contributions received:                                 |                                                   |                   |              |               |               |                    |                   |              |              
|Employer Company, net of forfeitures                    | 1,894,714                                         | 632               | 1,355        | 17,426        | 31,368        | 5,185              | -                 | -            | 1,950,680    
|Employees                                               | 325,015                                           | 561,378           | 320,057      | 1,226,067     | 2,101,123     | 622,425            | -                 | -            | 5,156,065    
|Net realized and unrealized appreciation (depreciation) | (9,106,716)                                       | -                 | 21,757       | 455,901       | 3,577,455     | (520,450)          | -                 | -            | (5,572,053)  
|Loans to participants, net of repayments                | 594                                               | (3,431)           | 9,072        | 35,206        | 39,529        | 13,351             | -                 | (94,321)     | -            
|Payments to participants                                | (3,113,510)                                       | (2,527,309)       | (497,432)    | (1,427,011)   | (2,549,482)   | (365,871)          | (150,096)         | -            | (10,630,711) 
|Transfers (to) from other accounts                      | (717,388)                                         | 4,418,474         | (41,203)     | 683,068       | 1,026,645     | (566,629)          | (4,802,967)       | -            | -            
|Net assets at end of year                               | $  9,414,931                                      | $11,971,150       | $2,267,092   | $11,531,743   | $21,524,027   | $3,102,987         | $              -  | $1,277,474   | $61,089,404  
|Plan's beneficial interest at 
end of year              | $     188,364                                     | $     126,496     | $     50,524 | $     111,363 | $     104,902 | $     17,322       | $              -  | $     12,792 | $     611,763





Note:  Certain funds above include investments in the Chase Manhattan Bank Domestic Liquidity Fund.



F-9



Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico

Notes to Financial Statements (continued)



E.  Non-Participant-Directed Investments



Information about the net assets and the significant components of the changes in net assets relating to the non-participant directed
investments is as follows:





|             | December 31
|------------ | -----------
|             | 1999       
|             |            
|Net assets:  |            
|Common stock | $45,112    





|                                                                    | Year ended
December
31, 1999
|------------------------------------------------------------------- | ----------------------------
|                                                                    |                             
|Changes in net assets:                                              |                             
|Contributions                                                       | $ 16,531                    
|Earnings and net realized and unrealized appreciation in fair value | 18,226                      
|Distributions to participants                                       | (11,381)                    
|Transfers to participant directed investments                       | (2,771)                     
|Administrative expenses                                             | (50)                        
|                                                                    | $ 20,555                    



F.  Income Tax Status



The Plan has received a determination letter from the Internal Revenue Service dated May 12, 1995, stating that the Plan is
qualified under Section 401(a) of the Internal Revenue Code (the "Code") and, therefore, the related trust is exempt from taxation.  Once
qualified, the Plan is required to operate in conformity with the Code to maintain its qualification.  The Plan Administrator believes the Plan is being
operated in compliance with the applicable requirements of the Code and, therefore, believes that the Plan is qualified and the related trust is tax-
exempt.





F-10





Phillips-Van Heusen Corporation

Associates Investment Plan for Associates

who are Residents of the Commonwealth of Puerto Rico

Notes to Financial Statements (continued)



G.  Differences Between Plan Financial Statements and Form 5500

The following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500:





|                                                                                | December 31
|------------------------------------------------------------------------------- | -----------
|                                                                                | 1999       
|                                                                                |            
|Net assets available for plan benefits as reported 
on the financial statements | $214,515   
|Less amounts allocated to withdrawn participants 
at the end of the year        | (37,404)   
|Net assets available for plan benefits as reported 
on the Form 5500            | $177,111   



The following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500:





|                                                                       | Year ended
December
31, 1999
|---------------------------------------------------------------------- | ----------------------------
|                                                                       |                             
|Benefits paid to participants per the financial statements             | $546,144                    
|Add amounts allocated to withdrawn participants
at December 31, 1999   | 37,404                      
|Less amounts allocated to withdrawn participants 
at December 31, 1998 | (9,089)                     
|Benefits paid to participants per the Form 5500                        | $574,459                    

Amounts allocated to withdrawn participants on the Form 5500 represent benefit claims that have been processed and approved for
payment prior to year-end but not yet paid.



F-11



EXHIBIT INDEX





Exhibit No.



1                       Consent of Independent Auditors