Calvin Klein, a wholly-owned subsidiary of PVH, announced today that it will be bringing in-house its footwear collections offered in Europe and Asia.
This development comes after a successful and fruitful partnership with Jimlar Corporation, a division of Global Brands Group. Jimlar Corporation currently holds the footwear license agreements for the CALVIN KLEIN JEANS, Calvin Klein and CK Calvin Klein lines, which will expire at the end of 2020. Beginning in 2021, Calvin Klein Europe and Calvin Klein Asia will operate the footwear category internally, allowing for more control over product design and development. This strategic initiative will create an opportunity to build on the existing footwear business by leveraging the Calvin Klein businesses’ established infrastructure and distribution networks in each region.
“Jimlar has been a best-in-class licensee for over ten years and we’d like to thank them for contributing to the successful development of our footwear business,” said John Van Glahn, President of Global Licensing at Calvin Klein, Inc. “We are excited to continue the momentum by bringing the category in-house in Europe and Asia, leveraging PVH’s operations and expertise to take the business to the next level.”
Calvin Klein Europe and Calvin Klein Asia will establish dedicated teams that will be responsible for design, production, and distribution of Calvin Klein footwear in the regions.