EXHIBIT10.67

PORTIONS OF THIS EXHIBIT 10.67MARKED BY AN *** HAVE BEEN OMITTED PURSUANT TO A REQUEST FORCONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE SECURITIESAND EXCHANGE COMMISSION.

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     CONFIDENTIAL TREATMENT

January  31,2006

WF Overseas Fashion C.V.(‘‘W’’)CK Jeanswear Europe, S.p.A.(‘‘CKJE’’)

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| Re:  | CalvinKlein, Inc. (‘‘CKI’’) and CK JeanswearEurope, S.p.A. (‘‘CKJE’’) Jeans LicenseAgreement (May 95, Amended and Restated d. as of 1 January  1997(‘‘CK Jeans EuropeLicense’’) |

CKI and W Heads of Agreement d.29 September  2005 (‘‘Heads ofAgreement’’)

Ladies andGentlemen:

Pursuant to the Heads of Agreement, theparties contemplated that W would acquire the CALVIN KLEIN businesses(and/or the rights to assets thereto) in whatever structure, form andformat as such transaction occurs) of Fingen S.p.A., Fingen Apparel,N.V. (and, as applicable, their parents, subsidiaries and affiliatesresponsible for the operation of the CALVIN KLEIN businesses) (the‘‘Transaction’’).

Ascontemplated in the Heads of Agreement, effective upon the conclusionof the Transaction (the ‘‘EffectiveDate’’), it is agreed by CKI and W that the captionedlicense shall be and is hereby amended (to be 17 January  2006,or such later date as mutually agreed between the parties to theTransaction, but not later than 31 December  2006) to (i) extendthe ‘‘term’’, and (ii) provide for‘‘shortfall’’ payments as to royalties andadvertising commitment payments in the event that there is a failure tomeet minimum net sales levels or‘‘thresholds,’’ all as follows:

1. § 2.1 shall be amended asfollows:

‘‘2.1 Subject tothe terms and conditions of § 2.2, the term of this Agreementwill be fifty (50) years and eight (8) months commencing as of 1May  1995 and ending forty (40) years after the closing of theTransaction on 31 December of the applicable year, but not later than31 December 2046 unless sooner terminated in accordance with theprovisions hereof. The twelve (12) month period commencing 1January  2006 and each twelve (12) month period commencing 1January 2006 and each twelve (12) month period commencing on each of 1January thereafter during the term of this Agreement, shall eachconstitute and hereinafter shall be referred to as an‘‘AnnualPeriod.‘‘

2. § 2.2shall be amended asfollows:

‘‘2.2 The’’Minimum Net Sales Threshold’’ for*****,**shall be respectively, the productof:

(i)    the greaterof

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|  | (x)  | the Minimum Net Sales Thresholdfor the*******and |

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|  | (y)  | ******* |

(ii)    afraction, the numerator of which is*******

In the event that Licensee*******under § 18.1 or of the ‘‘bestefforts’’ requirements of § 1.5 for such AnnualPeriod and*******as contemplated under §18.1 or related to§1.5 *******

provided however, thatLicensor has and will ***

3. For AnnualPeriods commencing 1 January  2006, § 9.1 shall read asfollows:

‘‘9.1 Inconsideration of the license granted and the services to be performedby Licensor hereunder, Licensee will pay to Licensor a MinimumGuaranteedFee1for each Annual Period asfollows:

*******

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|  | 1    *** |

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     CONFIDENTIAL TREATMENT

The Minimum Guaranteed Fee for the16th through the 20th Annual Periods will be the*******

The Minimum Guaranteed Fees for each of the21st through the 25th Annual Periods will be the*******

The Minimum Guaranteed Fee for the26th through the 30th Annual Periods will be the*******

The Minimum Guaranteed Fee for the31st through the 35th Annual Periods will bethe*******

The Minimum Guaranteed Fee for the36th through the 40th Annual Periods will be the*******

The Minimum Guaranteed Fee for the41st through the 45th Annual Periods will bethe*******

The Minimum Guaranteed Fee for the46th through the 50th Annual Periods will bethe*******

4. The second sentence of §23 (b) shall be amended to add the following at theend:

‘‘In the event of any CKI-permittedchange-of-control Transfer from the original shareholders, theprovisions hereof shall apply to any ‘successor ininterest’ permitted Transferee (except that Notice shall applyto any transfer of more than 35% of the Transferee). Except asotherwise provided herein, this Agreement shall inure to the benefit ofand shall be binding upon the parties and permitted successors andassigns.’’

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| 5.  | Effective for the 2006Annual Period et seq., ******* |

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| 6.  | Except as setforth herein, the CK Jeans Europe License shall remain in full forceand effect, including that the ‘‘DesignCredit’’ and the ‘‘AdvertisingCredit’’ shall remain in effect as provided in the CKJeans Europe License. Notwithstanding anything to the contrary in theCK Jeans Europe License or any amendment thereto, including theAmendment dated 29 April  2002, the Design Credit shall beavailable to reduce, and may be applied to, the amount of PercentageFees and Minimum Guaranteed Fees, as applicable. For the avoidance ofdoubt, the parties acknowledge that no further‘‘Override’’ payments are due and owing.Any defined terms used herein not specifically defined herein shallhave the meanings ascribed to them in the CK Jeans EuropeLicense. |

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| 7.  | To the extent that there is anydiscrepancy between this Letter Agreement and the CK Jeans EuropeLicense, this Letter Agreement shall govern andcontrol. |

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| 8.  | This Letter Agreement and the CK JeansEurope License shall be considered as having been entered into in theState of New York and shall be construed and interpreted in accordancewith the laws of that state applicable to agreements made and to beperformed therein. |

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| 9.  | Following the closing of theTransaction, this Letter Agreement and the CK Jeans Europe License maybe assigned within the Warnaco family of companies, in accordance withthe terms as agreed by CKI and set forth in writing, simultaneouslyherewith. |

Warnaco U.S., Inc., a Delaware corporation, isthe general partner of WF Overseas Fashion C.V., a limited partnership(‘‘commanditaire vennootschap’’)organized and existing under the laws of the Netherlands, and, solelyin such capacity, is executing this Letter Agreement on behalf and forthe exclusive risk and benefit of WF Overseas FashionC.V.

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     CONFIDENTIAL TREATMENT

The parties have executed thisLetter Agreement effective upon the conclusion of the Transaction this31st day of January2006.

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| CalvinKlein, Inc.                                                                                                                                                                                                                                               |
| By:/s/ TomMurry                                         |
| Name:                                                                                                                                                                                                                                                           |  | TomMurry |
| Title:                                                                                                                                                                                                                                                          |  | President andCOO |
| WF OverseasFashion C.V.                                                                                                                                                                                                                                         |
| By:Warnaco U.S., Inc., its general partner                                                                                                                                                                                                                      |
| By: /s/ Stanley P.Silverstein                                                                                                           |
| Name:                                                                                                                                                                                                                                                           |  | StanleyP. Silverstein |
| Title:                                                                                                                                                                                                                                                          |  | President andSecretary |
| CKJeanswear EuropeS.p.A.                                                                                                                                                                                                                                        |
| By: /s/Lawrence R. Rutkowski                                                                                                                                |
| Name:                                                                                                                                                                                                                                                           |  | Lawrence R. Rutkowski |
| Title:                                                                                                                                                                                                                                                          |  | Vice President andTreasurer |
|                                                                                                                                                                                                                                                                 |

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