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Calvin Klein

The global apparel company knowned for pioneering new minimalism in the '90s now has a thriving denim and lifestyle business.

Vital statistics

  • 1968 Established
  • Public Type
  • 1,001 - 5,000 Number of employees
  • $7.6 billion (2012) Revenue
  • New York, United States HQ
  • PVH Corp. Parent Group

Key people

  • Calvin Klein Founder
  • Paul Tom Murry III Chief Executive
  • Steve Shiffman President & Chief Creative Officer

Company Snapshot

Company Snapshot

Calvin Klein Inc. is an American fashion house founded by the fashion designer Calvin Klein. The company is headquartered in New York City and is currently owned by Phillips-Van Heusen.

The first Calvin Klein collection was a line of "youthful, understated coats and dresses" featured at the New York City store, Bonwit Teller.

In 1973, Klein received his first Coty American Fashion Critics' Award for his 74-piece womenswear collection - the youngest recipient at that time. He won the award again in 1974 and 1975.

In the late 1970s, the company made attempts to set up its own fragrance and cosmetics lines, but soon withdrew from the market with big financial losses. In the 1980s, as the designer-jeans frenzy reached its all-time high, Calvin Klein introduced a highly successful line of boxer shorts. Calvin Klein's underwear business, promoted later in the 1990s with giant billboards showing images of pop singer Mark "Marky Mark" Wahlberg, became so successful that his underpants became generally known as "Calvins".

In mid-December 2002, Calvin Klein Inc. (CKI) was sold to shirt maker Phillips Van Heusen Corp (PVH), whose then CEO Bruce Klatsky was the driving force behind the deal. CKI thus became a wholly owned subsidiary of PVH.

The current creative director for Calvin Klein Collection for women is Brazilian-born Francisco Costa, who took over the job in 2003. Italo Zucchelli, a former Jil Sander and Romeo Gigli designer, became head designer of the Calvin Klein Collection menswear line in spring 2004. Kevin Carrigan, an Englishman, is the creative director of the ck Calvin Klein and Calvin Klein (white label) brands and their related licensed products. Carrigan has been with Calvin Klein since 1998.

Source: Wikipedia

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