PVH Corp. and G-III Apparel Group, Ltd. declare license agreement for Calvin Klein Women’s Jeanswear Collections in U.S. and Canada
PVH’s Calvin Klein, Inc. and G-III have entered into a license agreement with an initial term of five years for the design, production and distribution of Calvin Klein women’s jeanswear collections in the United States and Canada. This business is in addition to the other women’s Calvin Klein businesses that are already licensed to G-III by CKI.
The agreement will support PVH’s strategy to build a successful women’s jeanswear business in North America by leveraging G-III’s category and market expertise. The launch of G-III’s first women’s Calvin Klein Jeans collection is expected for the spring 2020 season.
“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. We look forward to our expanded partnership with G-III, as this represents another great opportunity to leverage their market expertise to drive the continued expansion of the Calvin Klein women’s apparel categories,” commented Emanuel Chirico, Chairman and Chief Executive Officer, PVH Corp.
Morris Goldfarb, Chairman, Chief Executive Officer, G-III Apparel Group, Ltd. said, “We have an incredible relationship with PVH and the Calvin Klein team. 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.”News Retail US