Calvin Klein Inc., the fashion company known for its sexy clothes and flamboyant advertising, is near an agreement to sell itself to shirt maker Phillips-Van Heusen Corp. (NYSE:PVH - News) for about $400 million in cash, roughly $30 million in stock and potential royalties that could be valued at $200 million to $300 million over time, Tuesday's Wall Street Journal reported. Final details were being hammered out Monday night, and a deal is expected to be announced as early as Tuesday, people familiar with the matter said. The proposed sale marks the end of an era on New York's Seventh...