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     <!-- Form Type:      8-K                           -->
     <!-- Filer Name:     Warnaco-Warnaco Group Inc. (Reorganized)                -->
     <!-- Attorney Name:  P.D. Serating                 -->
     <TITLE>8-K</TITLE>
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UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>WASHINGTON, DC 20549</b> </FONT></TD></TR>
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<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Current
Report<BR>Pursuant to Section 13 or 15(d) of <BR>the Securities Exchange Act of 1934</b> </FONT></TD></TR>
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<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date
of Report (Date of earliest event reported): July 12, 2005  </FONT></TD></TR>
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     <TD WIDTH="600" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="3">The Warnaco Group, Inc.</FONT></TD></TR>
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     <TD WIDTH="600" ALIGN="CENTER"><HR NOSHADE SIZE=1></TD></TR>
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     <TD WIDTH="600" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Exact Name of Registrant as Specified in Its Charter)</FONT></TD></TR>
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<TD WIDTH="34%" ALIGN="CENTER"><Font Face="Times New Roman, Times, Serif" Size=2>Delaware<!-- File No.--></font></td>
<TD WIDTH="33%" ALIGN="CENTER"><Font Face="Times New Roman, Times, Serif" Size=2>001-10857</font></td>
<TD WIDTH="33%" ALIGN="CENTER"><Font Face="Times New Roman, Times, Serif" Size=2>95-4032739<!-- Irs No.--></font></td>
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<TD ALIGN="CENTER"><Font Face="Times New Roman, Times, Serif" Size=2>(State or other jurisdiction of incorporation)</font></td>
<td ALIGN="CENTER"><Font Face="Times New Roman, Times, Serif" Size=2>(Commission File <BR>Number)</font></td>
<TD ALIGN="CENTER"><Font Face="Times New Roman, Times, Serif" Size=2>(IRS Employer Identification No.) </font></td>
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<TD ALIGN=LEFT WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
501 Seventh Avenue, New York, New York
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<TD ALIGN=CENTER WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" WIDTH="35%" VALIGN="BOTTOM"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>10018</FONT></TD>
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<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> </FONT></TD>
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&nbsp;&nbsp;(Address of principal executive offices)
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<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Zip Code) </FONT></TD>
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     <TD WIDTH="600" ALIGN="left"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Registrant's
Telephone Number, Including Area Code):&nbsp;&nbsp;&nbsp;(212) 287-8000</FONT></TD></TR>
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     <TD WIDTH="600" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;<!-- FORMER NAME OR ADDRESS --></FONT></TD></TR>
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     <TD WIDTH="600" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Former Name or Former Address, if Changed Since Last Report.) </FONT></TD></TR>
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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Check
the  appropriate  box below if the Form 8-K  filing is  intended  to  simultaneously
 satisfy  the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2.):  </FONT></TD></TR></TABLE><BR>

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<TD WIDTH=8%><FONT FACE="wingdings" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&#168;</FONT></TD>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD>
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<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD>
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<TD WIDTH=8%><FONT FACE="wingdings" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&#168;</FONT></TD>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pre-commencement   communications   pursuant  to  Rule  14d-2(b)   under  the  Exchange  Act  (17  CFR
240.14d-2(b))</FONT></TD>
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<TD WIDTH=8%><FONT FACE="wingdings" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&#168;</FONT></TD>
<TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif"SIZE=2>Pre-commencement communications pursuant to  Rule  13e-4(c)   under  the  Exchange  Act  (17  CFR
240.13e-4(c))</FONT></TD>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 5.02. <U>Election of
Directors</U>. </FONT></P>

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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
July 12, 2005, The Warnaco Group, Inc. (the &#147;Company&#148;) issued a press release
announcing that effective July 12, 2005, Donald L. Seeley was elected to its Board of
Directors. Mr. Seeley has also been appointed to serve on the Audit Committee and
Nominating and Corporate Governance Committee of the Company&#146;s Board of Directors.  </FONT></TD></TR>
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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
copy of the press release is attached to this report as Exhibit 99.1 and is incorporated
herein by reference.  </FONT></TD></TR>
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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9.01.&nbsp;&nbsp;&nbsp;<U>Financial
Statements and Exhibits.</U> </FONT></P>

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<TD ALIGN=RIGHT WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> <U>Exhibit No.</U> </FONT></TD>
<TD ALIGN=LEFT WIDTH=6%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=82%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
              <U>Description</U> </FONT></P></TD>
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<TD ALIGN=RIGHT WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &nbsp;99.1  </FONT></TD>
<TD ALIGN=LEFT WIDTH=88%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Press
Release, dated July 12, 2005  </FONT></TD>
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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.  </FONT></TD></TR>
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    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- TYPE "DATE:" HERE--> </FONT></TD>
    <TD WIDTH="44%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="48%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;<!-- COMPANY -->THE WARNACO GROUP, INC. </FONT></TD>
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    <TD WIDTH="39%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- DATE-->July 13, 2005 </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">BY: </FONT></TD>
    <TD WIDTH="43%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;/s/ <!-- NAME -->Jay A. Galluzzo </FONT></TD>
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    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD>&nbsp; </TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD> <HR NOSHADE SIZE="1"> </TD>
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    <TD WIDTH="57%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD WIDTH="8%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">NAME:&nbsp;</FONT></TD>
    <TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- NAME -->Jay A. Galluzzo</FONT></TD>
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    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; </FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">TITLE:&nbsp;</FONT></TD>
    <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp; <!-- TITLE -->Senior Vice President, General<BR>&nbsp;&nbsp;Counsel and Secretary</FONT></TD></TR>
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<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT
INDEX  </FONT></TD></TR>
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<TD ALIGN=RIGHT WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> <U>Exhibit No.</U> </FONT></TD>
<TD ALIGN=LEFT WIDTH=6%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=82%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
              <U>Description</U> </FONT></P></TD>
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<TD ALIGN=RIGHT WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &nbsp;99.1  </FONT></TD>
<TD ALIGN=LEFT WIDTH=88%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Press
Release, dated July 12, 2005  </FONT></TD>
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<FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit
99.1  </FONT></TD></TR>
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<IMG SRC="warnaco.jpg">
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<TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FOR IMMEDIATE RELEASE</FONT>
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<TD WIDTH=75% ALIGN="Right"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Company Contact:&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="25%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Deborah Abraham<BR>
Director,<BR>
Investor Relations<BR>
212-287-8289</FONT></TD></TR>
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<TD><H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DONALD
L. SEELEY ELECTED TO WARNACO&#146;S BOARD OF DIRECTORS  </FONT></H1></TD></TR>
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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>NEW
YORK &#151; (PR NEWSWIRE) July 12, 2005 &#151; The Warnaco Group, Inc. (NASDAQ: WRNC)
today announced the election of Donald L. Seeley to its Board of Directors, making him the
seventh independent Director on a Board of eight. </FONT></TD></TR></TABLE><BR>

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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Mr. Seeley
is an adjunct lecturer and the director of the Applied Investment           Management
Program at the University of Arizona. Previously, Mr. Seeley was Vice           Chairman
and Chief Financial Officer of True North Communications. Earlier, he           was
President and Chief Executive Officer of the Alexander Consulting Group. He
          currently sits on the Board of Beverly Enterprises, Inc. and is a member of the
          Board of Trustees of William Blair Mutual Funds.  </FONT></TD></TR></TABLE><BR>

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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#147;The
election of Don adds to the depth of talent of Warnaco&#146;s Board of Directors. His
financial acumen, creativity and commitment to education complement the expertise of our
current board members. We are pleased to welcome Don and look forward to his support as
we continue to grow Warnaco into a global leader in the apparel industry,&#148; said
Charles Perrin, Warnaco&#146;s Non-Executive Chairman of the Board of Directors.  </FONT></TD></TR></TABLE><BR>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>About
The Warnaco Group, Inc.</FONT></H1></TD></TR>
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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Warnaco Group, Inc., headquartered in New York, is a leading apparel company engaged in
the business of designing, marketing and selling intimate apparel, menswear, jeanswear,
swimwear, men&#146;s and women&#146;s sportswear and accessories under such owned and
licensed brands as Warner&#146;s&reg;, Olga&reg;, Lejaby&reg;, Body Nancy Ganz(tm),
Speedo&reg;, Anne Cole Collection&reg;, Ocean Pacific&reg;, Cole of California&reg; and
Catalina&reg; as well as Chaps&reg; sportswear and denim, J. Lo by Jennifer Lopez&reg;
lingerie, Nautica&reg; swimwear, Michael Kors&reg; swimwear and Calvin Klein&reg;
men&#146;s and women&#146;s underwear, men&#146;s accessories, men&#146;s, women&#146;s,
junior women&#146;s and children&#146;s jeans and women&#146;s and juniors swimwear. </FONT></TD></TR></TABLE><BR>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SAFE
HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:</FONT></H1></TD></TR>
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<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
press release, as well as certain other written, electronic and oral disclosure made by
the Company from time to time, may contain &#147;forward-looking statements&#148; within
the meaning of Rule 3b-6 under the Securities Exchange Act of 1934, as amended, Rule 175
under the Securities Act of 1933, as amended, and relevant legal decisions. The
forward-looking statements involve risks and uncertainties and reflect, when made, the
Company&#146;s estimates, objectives, projections, forecasts, plans, strategies, beliefs,
intentions, opportunities and expectations. Actual results may differ materially from
anticipated results or expectations and investors are cautioned not to place undue
reliance on any forward-looking statements. Statements other than statements of historical
fact are forward-looking statements. These forward-looking statements may be identified
by, among other things, the use of forward-looking language, such as the words
&#147;believe,&#148; &#147;anticipate,&#148; &#147;estimate,&#148; &#147;expect,&#148;
&#147;intend,&#148; &#147;may,&#148; &#147;project,&#148; &#147;scheduled to,&#148;
&#147;seek,&#148; &#147;should,&#148; &#147;will be,&#148; &#147;will continue,&#148;
&#147;will likely result,&#148; or the negative of those terms, or other similar words and
phrases or by discussions of intentions or strategies. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Project" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
following factors, among others and in addition to those described in the Company&#146;s
reports filed with the SEC (including, without limitation, those described under the
heading &#147;Statement Regarding Forward-Looking Disclosure,&#148; as it may be modified
or supplemented from time to time, in such reports), could cause the Company&#146;s actual
results to differ materially from those expressed in any forward-looking statements made
by it: economic conditions that affect the apparel industry; the Company&#146;s failure to
anticipate, identify or promptly react to changing trends, styles, or brand preferences;
further declines in prices in the apparel industry; declining sales resulting from
increased competition in the Company&#146;s markets; increases in the prices of raw
materials; events which result in difficulty in procuring or producing the Company&#146;s
products on a cost-effective basis; the effect of laws and regulations, including those
relating to labor, workplace and the environment; changing international trade regulation,
including as it relates to the imposition or elimination of quotas on imports of textiles
and apparel; the Company&#146;s ability to protect its intellectual property or the costs
incurred by the Company related thereto; the Company&#146;s dependence on a limited number
of customers; the Company&#146;s dependence on the reputation of its brand names; the
Company&#146;s exposure to conditions in overseas markets in connection with the
Company&#146;s foreign operations and the sourcing of products from foreign third-party
vendors; the Company&#146;s foreign currency exposure; unanticipated internal control
deficiencies or weaknesses or ineffective disclosure controls and procedures; and the
sufficiency of cash to fund operations, including capital expenditures. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Para Flush Left" FSL="Default" -->
<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In
addition, the Company encourages investors to read the discussion of the Company&#146;s
critical accounting policies under &#147;Management&#146;s Discussion and Analysis of
Financial Condition and Results of Operations &#151; Discussion of Critical Accounting
Policies&#148; contained in the Company&#146;s Annual Report on Form 10-K for the year
ended January 1, 2005, as such discussion may be modified or supplemented by subsequent
reports that the Company files with the SEC. The discussion in this press release is not
exhaustive but is designed to highlight important factors that may affect actual results.
Forward-looking statements speak only as of the date on which they are made, and, except
for the Company&#146;s ongoing obligation under the U.S. federal securities laws, the
Company disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise. </FONT></TD></TR></TABLE><BR>

<!-- MARKER FORMAT-SHEET="Head Center 2 600" FSL="Project" -->
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<TR VALIGN=TOP>
<TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>#&nbsp;&nbsp;#&nbsp;&nbsp;# </FONT></TD></TR>
</TABLE>
<BR>





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[{"type": "8-K", "sequence": "1", "filename": "ny601499.htm", "description": "FORM 8-K", "secsgml_size_bytes": 24955}]
{"company-data": {"conformed-name": "WARNACO GROUP INC /DE/", "cik": "0000801351", "assigned-sic": "2340", "irs-number": "954032739", "state-of-incorporation": "DE", "fiscal-year-end": "0103"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10857", "film-number": "05952687"}, "business-address": {"street1": "90 PARK AVE", "street2": "26TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10016", "phone": "2126611300"}, "mail-address": {"street1": "90 PARK AVENUE", "street2": "26TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10016"}, "former-company": {"former-conformed-name": "W ACQUISITION CORP /DE/", "date-changed": "19861117"}}
8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
Current
Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 12, 2005
The Warnaco Group, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
001-10857
95-4032739
(State or other jurisdiction of incorporation)
(Commission File
Number)
(IRS Employer Identification No.)
501 Seventh Avenue, New York, New York
10018
(Address of principal executive offices)
(Zip Code)
(Registrant's
Telephone Number, Including Area Code):   (212) 287-8000
(Former Name or Former Address, if Changed Since Last Report.)
Check
the  appropriate  box below if the Form 8-K  filing is  intended  to  simultaneously
 satisfy  the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2.):
¨
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement   communications   pursuant  to  Rule  14d-2(b)   under  the  Exchange  Act  (17  CFR
240.14d-2(b))
¨
Pre-commencement communications pursuant to  Rule  13e-4(c)   under  the  Exchange  Act  (17  CFR
240.13e-4(c))
Item 5.02.
Election of
Directors
.
On
July 12, 2005, The Warnaco Group, Inc. (the "Company") issued a press release
announcing that effective July 12, 2005, Donald L. Seeley was elected to its Board of
Directors. Mr. Seeley has also been appointed to serve on the Audit Committee and
Nominating and Corporate Governance Committee of the Company's Board of Directors.
A
copy of the press release is attached to this report as Exhibit 99.1 and is incorporated
herein by reference.
Item 9.01.
Financial
Statements and Exhibits.
Exhibit No.
Description
99.1
Press
Release, dated July 12, 2005
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
THE WARNACO GROUP, INC.
Date:
July 13, 2005
BY:
/s/
Jay A. Galluzzo
NAME:
Jay A. Galluzzo
TITLE:
Senior Vice President, General
Counsel and Secretary
EXHIBIT
INDEX
Exhibit No.
Description
99.1
Press
Release, dated July 12, 2005
Exhibit
99.1
FOR IMMEDIATE RELEASE
Company Contact:
Deborah Abraham
Director,
Investor Relations
212-287-8289
DONALD
L. SEELEY ELECTED TO WARNACO'S BOARD OF DIRECTORS
NEW
YORK — (PR NEWSWIRE) July 12, 2005 — The Warnaco Group, Inc. (NASDAQ: WRNC)
today announced the election of Donald L. Seeley to its Board of Directors, making him the
seventh independent Director on a Board of eight.
Mr. Seeley
is an adjunct lecturer and the director of the Applied Investment           Management
Program at the University of Arizona. Previously, Mr. Seeley was Vice           Chairman
and Chief Financial Officer of True North Communications. Earlier, he           was
President and Chief Executive Officer of the Alexander Consulting Group. He
          currently sits on the Board of Beverly Enterprises, Inc. and is a member of the
          Board of Trustees of William Blair Mutual Funds.
"The
election of Don adds to the depth of talent of Warnaco's Board of Directors. His
financial acumen, creativity and commitment to education complement the expertise of our
current board members. We are pleased to welcome Don and look forward to his support as
we continue to grow Warnaco into a global leader in the apparel industry," said
Charles Perrin, Warnaco's Non-Executive Chairman of the Board of Directors.
About
The Warnaco Group, Inc.
The
Warnaco Group, Inc., headquartered in New York, is a leading apparel company engaged in
the business of designing, 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®, Lejaby®, Body Nancy Ganz(tm),
Speedo®, Anne Cole Collection®, Ocean Pacific®, Cole of California® and
Catalina® as well as Chaps® sportswear and denim, J. Lo by Jennifer Lopez®
lingerie, Nautica® swimwear, Michael Kors® swimwear and Calvin Klein®
men's and women's underwear, men's accessories, men's, women's,
junior women's and children's jeans and women's and juniors swimwear.
SAFE
HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:
The
press release, as well as certain other written, electronic and oral disclosure made by
the Company from time to time, may contain "forward-looking statements" within
the meaning of Rule 3b-6 under the Securities Exchange Act of 1934, as amended, Rule 175
under the Securities Act of 1933, as amended, and relevant legal decisions. The
forward-looking statements involve risks and uncertainties and reflect, when made, the
Company's estimates, objectives, projections, forecasts, plans, strategies, beliefs,
intentions, opportunities and expectations. Actual results may differ materially from
anticipated results or expectations and investors are cautioned not to place undue
reliance on any forward-looking statements. Statements other than statements of historical
fact are forward-looking statements. These forward-looking statements may be identified
by, among other things, the use of forward-looking language, such as the words
"believe," "anticipate," "estimate," "expect,"
"intend," "may," "project," "scheduled to,"
"seek," "should," "will be," "will continue,"
"will likely result," or the negative of those terms, or other similar words and
phrases or by discussions of intentions or strategies.
The
following factors, among others and in addition to those described in the Company's
reports filed with the SEC (including, without limitation, those described under the
heading "Statement Regarding Forward-Looking Disclosure," as it may be modified
or supplemented from time to time, in such reports), could cause the Company's actual
results to differ materially from those expressed in any forward-looking statements made
by it: economic conditions that affect the apparel industry; the Company's failure to
anticipate, identify or promptly react to changing trends, styles, or brand preferences;
further declines in prices in the apparel industry; declining sales resulting from
increased competition in the Company's markets; increases in the prices of raw
materials; events which result in difficulty in procuring or producing the Company's
products on a cost-effective basis; the effect of laws and regulations, including those
relating to labor, workplace and the environment; changing international trade regulation,
including as it relates to the imposition or elimination of quotas on imports of textiles
and apparel; the Company's ability to protect its intellectual property or the costs
incurred by the Company related thereto; the Company's dependence on a limited number
of customers; the Company's dependence on the reputation of its brand names; the
Company's exposure to conditions in overseas markets in connection with the
Company's foreign operations and the sourcing of products from foreign third-party
vendors; the Company's foreign currency exposure; unanticipated internal control
deficiencies or weaknesses or ineffective disclosure controls and procedures; and the
sufficiency of cash to fund operations, including capital expenditures.
In
addition, the Company encourages investors to read the discussion of the Company's
critical accounting policies under "Management's Discussion and Analysis of
Financial Condition and Results of Operations — Discussion of Critical Accounting
Policies" contained in the Company's Annual Report on Form 10-K for the year
ended January 1, 2005, as such discussion may be modified or supplemented by subsequent
reports that the Company files with the SEC. The discussion in this press release is not
exhaustive but is designed to highlight important factors that may affect actual results.
Forward-looking statements speak only as of the date on which they are made, and, except
for the Company's ongoing obligation under the U.S. federal securities laws, the
Company disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
#  #  #