How Will Calvin Klein Forge Ahead Without Its Runway Collection Division? [Forbes]
PVH Corp. (PVH)
Last pvh corp. earnings: 4/1 04:15 pm
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Source: Forbes
How Will Calvin Klein Forge Ahead Without Its Runway Collection Division? Calvin Klein under Raf Simons was one of the biggest draws of New York Fashion Week. Slaven Vlasic/Getty Images When Calvin Klein Inc. parted ways with Raf Simons, the brand's chief creative officer up until last December, the company said it would relaunch its collection business (the high-end 205W35NYC line Simons presented during fashion week in New York) under a new name and creative approach. However, those plans did not last long at all, as the company announced this week that they have decided to shutter its collection business altogether invested between $60-$70 million in Calvin Klein 205W39NYC over the past three years, but they had not seen a financial return While underwear, jeans, and fragrance have always made up the lion's share of the brand's revenues (thanks to lucrative licensing arrangements), the designer collection business was seen as a marketing expense that provided a halo effect for the
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PVH
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PVH
Earnings
- 4/1/24 - Beat
PVH
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PVH's page on the SEC website