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Company type | Subsidiary |
---|---|
Industry | Fashion |
Founded | 1968 |
Founders | |
Headquarters | New York City , U.S. |
Area served | Worldwide |
Key people |
|
Products | Apparel, perfume, undergarments, watches, etc. |
Services | Retailing |
Revenue | US$3.78 billion (2022)[1] |
Parent | PVH (2002–present) |
Website | calvinklein |
Calvin Klein Inc. (/klaɪn/) is an American luxury fashion designer retail chain marketing its eponymously branded products worldwide. The company, which became famous for its designer underwear and denim lines in the 1980s, specializes in mass-market ready-to-wear clothing for all genders and age groups as well as leather products, lifestyle accessories and shoes, home furnishings, perfume/cosmetics, eyewear, jewelry and watches in the mid-price segment. Its high-end runway fashion division, which represented the top level of the various Calvin Klein sub-brands, was discontinued in 2019.
The company was founded by designer Calvin Klein and his childhood friend, Barry K. Schwartz, in 1968[2][3] and was acquired by PVH Corp. for a total of $700 million in 2003. It is headquartered in Midtown Manhattan, New York City,[4] and has substantial market share in retail and commercial lines around the globe. In 2013, PVH bought Warnaco Group, one of the largest Calvin Klein licensees, for US$2.8 billion. Global retail sales under the Calvin Klein brand, including sales by the label's licensees, amounted to US$9.3 billion in 2022.[5]