Warnaco Names Hans Schmitt Managing Director, Europe

The Warnaco Group, Inc. (NYSE: WRC) today announced the appointment of Hans Schmitt to the position of Managing Director, Europe. Schmitt, who is scheduled to join Warnaco in August, will oversee all elements of Warnaco’s commercial business in Europe, reporting directly to Joe Gromek, Warnaco’s President and Chief Executive Officer.

Schmitt joins Warnaco from Hugo Boss, where he most recently held the position of Senior Vice President, EMEA (Europe, Middle East and Africa). In this role, Schmitt had responsibility for both the Company’s wholesale and retail businesses in the region. During his twelve-year career at Hugo Boss, Schmitt held a number of different positions in Europe and Asia, including Japan.

”We are pleased to welcome Hans to the Warnaco team. His strong leadership skills and understanding of the European retail and wholesale market will be an asset as we continue to expand our successful Calvin Klein businesses,” commented Mr. Gromek.

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.

FORWARD-LOOKING STATEMENTS

The Warnaco Group, Inc. notes that this press release and certain other written, electronic and oral disclosure made by the Company from time to time, may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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, targets or expectations and investors are cautioned not to place undue reliance on any forward-looking statements. Statements other than statements of historical fact, including, without limitation, future financial targets, such as the 2014 targets, 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, " "targeted", or the negative of those terms, or other similar words and phrases or by discussions of intentions or strategies.

The Company encourages investors to read the section entitled "Risk Factors" and 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" included in the Company's Annual Report on Form 10-K, as such discussions 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.