Sec Form 13G Filing - VANETON INTERNATIONAL INC filing for PVH CORP. (PVH) - 2006-01-25

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

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

(Amendment No.

7

)^*

Phillips-Van Heusen Corporation

(Name of Issuer)

Common Stock, par value $1.00 per share

(Title of Class of Securities)

718592 10 8

(CUSIP Number)

January 12, 2006

(Date of Event which Requires filing of this Statement)

CUSIP NO.

718592 10 8

13G

Page

     2

of

    9

Pages

1.

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Vaneton International, Inc.

EIN:  N/A

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)

¨

(b)

¨

3.

SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

British Virgin Islands

NUMBER OF

5.

SOLE VOTING POWER

SHARES

BENEFICIALLY

6.

SHARED VOTING POWER

OWNED BY

1,976,887

EACH

7.

SOLE DISPOSITIVE POWER

REPORTING

PERSON WITH

8.

SHARED DISPOSITIVE POWER

1,976,687

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,976,887

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

CERTAIN SHARES  (SEE INSTRUCTIONS)

¨

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

4.7%

12.

TYPE OF REPORTING PERSON  (SEE INSTRUCTIONS)

CO

CUSIP NO.

718592 10 8

13G

Page

    3

of

    9

Pages

1.

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Dr. Richard Lee

EIN:  N/A

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)

¨

(b)

¨

3.

SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

United Kingdom

NUMBER OF

5.

SOLE VOTING POWER

SHARES

BENEFICIALLY

6.

SHARED VOTING POWER

OWNED BY

1,976,887

EACH

7.

SOLE DISPOSITIVE POWER

REPORTING

PERSON WITH

8.

SHARED DISPOSITIVE POWER

1,976,887

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,976,887

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

CERTAIN SHARES*

¨

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

4.7%

12.

TYPE OF REPORTING PERSON*

IN

Item 1(a).  Name of Issuer:

Phillips-Van Heusen Corporation

Item 1(b).  Address of Issuer’s Principal Executive Offices:

200 Madison Avenue, New York, New York  10016    

Item 2(a).  Name of Person Filing:

Vaneton International, Inc.

Item 2(b).  Address of Principal Business Office or, if None, Residence:

P.O. Box 3340, Road Town, Tortola, British Virgin Islands

Item 2(c).  Citizenship:

British Virgin Islands

Item 2(d).  Title of Class of Securities:

Common Stock, par value $1.00 per share

Item 2(e).  CUSIP NUMBER:

718592 10 8

Item 3.

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 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).

(a)

Amount beneficially owned:

1,976,887

(b)

Percent of class*:

4.7%

(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

1,976,887

(iii)

Sole power to dispose or to direct the disposition of

(iv)

Shared power to dispose or to direct the disposition of

1,976,887

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                

Item 1(b).  Address of Issuer’s Principal Executive Offices:

200 Madison Avenue, New York, NY  10016                

Item 2(a).  Name of Person Filing:

Dr. Richard Lee

Item 2(b).  Address of Principal Business Office, or, if None, Residence:

6/F TAL Building 49 Austin Road, Kowloon Hong Kong

Item 2(c).  Citizenship:

United Kingdom

Item 2(d).  Title of Class of Securities:

Common Stock, par value $1.00 per share

Item 2(e).  CUSIP NUMBER:

718592 10 8

Item 3.

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).

(a)

Amount beneficially owned:

1,976,887

(b)

Percent of class*:

4.7%

(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

1,976,887

(iii)

Sole power to dispose or to direct the disposition of

(iv)

Shared power to dispose or to direct the disposition of

1,976,887

           January 25, 2006

(Date)

VANETON INTERNATIONAL, INC.

By

                         /s/ Richard Lee

(Signature)

                Dr. Richard Lee, Director

(Name/Title)

/s/ Richard Lee

Dr. Richard Lee