Clothing company Phillips-Van Heusen Corp. said Tuesday it agreed to license the Izod brand to Ram Pacific Pte Ltd. to distribute Izod clothes and accessories in Singapore, Indonesia and Malaysia.

Financial terms were undisclosed. The initial terms of the license agreement runs through December 2015.

The new Izod line includes men's, boys,' women's, and girls' apparel and accessories and will be sold in department stores.

PVH shares rose 79 cents to $64.20 during afternoon trading.