In the midst of restructuring, Calvin Klein has called in a bevy of influencers, including the Biebers, Kendall Jenner and rapper A$AP Rocky for the launch of CK50, a capsule celebrating the brand's 50th anniversary.
Emanuel Chirico, CEO of the group that owns Calvin Klein and Tommy Hilfiger, has confirmed PVH is mulling potential acquisitions. Talking to Bloomberg TV, also expressing his opinion on the USA-China trade war.
As global chief marketing officer, Tommy Hilfiger said Scheiner will help evolve its marketing strategies, particularly across digital and experiential platforms, to reach and engage a new generation of consumers.
Swiss watchmaker Swatch Group will no longer make watches and jewellery under the Calvin Klein brand, reducing its exposure to a price segment that is under pressure from smartwatches and other fashion watches.
Marcella Wartenbergh is to become the new chief executive of Pepe Jeans Group, taking over from group founder and shareholder Carlos Ortega. She joins from PVH Corp, which owns Tommy Hilfiger and Calvin Klein.
PVH Corp cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong.