- Dale Arden Chong
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PVH Corp.’s Calvin Klien Inc. and G-III have entered into a new license
agreement with the initial term of five years, according to an announcement
from the two companies. This new agreement will include design, production,
distribution of Calvin Klein Jeans for womenswear in the U.S. and Canada.
Calvin Klein Jeans will join the other Calvin Klein women’s labels that are
currently licensed to G-III.
“We have an incredible relationship with PVH and the Calvin Klein team,”
said Morris Goldfarb, chairman and CEO of G-III in the press release. “They
have done an outstanding job managing and marketing the Calvin Klein brand
and we look forward to further developing this iconic global brand and
building a profitable women’s business for Calvin Klein Jeans in the U.S.
and Canada.”
According to the announcement, this license will support PVH’s aim to
build a successful business of women’s denim in North America with the help
of G-III’s familiarity with the category and market expertise.
“G-III has been a great partner for us over the years and has
successfully grown the Calvin Klein womenswear business to be a leading
resource across the North American apparel market,” PVH Corp.’s chairman
and CEO Emanuel Chirico said in a statement. “We look forward to our
expanded partnership with G-III.”
