Who Owns Calvin Klein?
Calvin Klein is owned by PVH Corporation, a publicly traded American clothing company founded in 1881. PVH trades on NYSE under ticker PVH and is headquartered in New York, USA.
Parent Company
Unknown
Acquired
2002
Status
Publicly Traded
Headquarters
New York, USA
Who Owns Calvin Klein?
History of Calvin Klein
- Founded: 1968
- Founders: Calvin Klein
- Acquired by : 2002
Calvin Klein was founded in 1968 by American fashion designer Calvin Klein. The brand launched with a coat shop in the York Hotel in New York City, initially focusing on coats and suits. This founding vision demonstrated exceptional insight into the growing demand for minimalist, sophisticated fashion while establishing a distinctive aesthetic that would define American fashion for generations.
The brand gained national attention in the 1970s for its minimalist, clean designs and provocative advertising campaigns. Calvin Klein jeans became a cultural phenomenon in the late 1970s and 1980s with Brooke Shields' famous campaign, which featured the controversial tagline "You want to know what comes between me and my Calvins? Nothing." This bold marketing approach demonstrated Calvin Klein's exceptional ability to create cultural moments while establishing the brand as a leader in provocative fashion advertising.
Throughout the 1980s and 1990s, Calvin Klein expanded into underwear, fragrances, and ready-to-wear collections. The brand became known for its minimalist aesthetic, neutral color palette, and controversial advertising featuring models like Kate Moss and Mark Wahlberg. This period of expansion demonstrated Calvin Klein's ability to diversify its product portfolio while maintaining a consistent brand identity and aesthetic across multiple fashion categories.
In 2002, Calvin Klein sold his company to Phillips-Van Heusen Corporation (now PVH Corporation) for approximately $400 million. Under PVH ownership, Calvin Klein has expanded globally while maintaining its minimalist aesthetic. This strategic acquisition demonstrated PVH's exceptional ability to identify and acquire iconic fashion brands with strong brand equity while providing the resources necessary for global expansion and continued innovation.
About
Who owns Calvin Klein?
Calvin Klein is owned by PVH Corp. (NYSE: PVH), one of the world's largest apparel companies. PVH acquired Calvin Klein in 2003 for approximately $430 million. PVH also owns Tommy Hilfiger. Stefan Larsson serves as CEO of PVH Corp.
Where is Calvin Klein headquartered?
Calvin Klein is headquartered in New York, New York, USA. The brand also has major offices in Amsterdam (European headquarters). Calvin Klein products are sold in more than 110 countries worldwide.
Who founded Calvin Klein?
Calvin Klein was founded in 1968 in New York City by designer Calvin Klein and his childhood friend Barry Schwartz. Klein had studied fashion design at the Fashion Institute of Technology. The brand gained national attention in 1974 and became a cultural phenomenon with its provocative jeans advertising in 1978.
What is Calvin Klein known for?
Calvin Klein is known for its minimalist aesthetic, provocative advertising, and iconic products including Calvin Klein Underwear (with the signature waistband), Calvin Klein Jeans, and Calvin Klein fragrances (CK One, Eternity, Obsession). The brand is one of the world's most recognized fashion brands.
Is Calvin Klein publicly traded?
Calvin Klein itself is not publicly traded. It is a wholly owned subsidiary of PVH Corp. (NYSE: PVH), which is publicly listed on the New York Stock Exchange. PVH Corp. also owns Tommy Hilfiger and other fashion brands.
How big is Calvin Klein?
Calvin Klein generates annual retail sales exceeding $9 billion globally and operates in more than 110 countries. The brand operates hundreds of owned retail stores worldwide and sells through thousands of wholesale accounts including major department stores and specialty retailers.
- Founded:
- Headquarters:
- Company Type: Privately Held
Where Is Calvin Klein Made / Based?
- Headquarters: New York, USA
- Manufacturing / Operations: China, Vietnam, Bangladesh, India, Various international locations
Calvin Klein Ownership: Pros & Cons
Advantages
- +Backed by PVH Corporation's global resources and distribution
- +Strong brand recognition and minimalist design heritage
- +Global presence in premium fashion and underwear markets
- +Significant marketing and advertising capabilities
- +Established licensing revenue streams
Considerations
- -Integration within larger corporate structure may affect creative autonomy
- -Competition from other minimalist and luxury brands
- -Dependency on PVH's corporate strategy and financial performance
- -Need to maintain relevance with changing fashion trends
- -Challenges in balancing provocative marketing with brand image
Frequently Asked Questions About Calvin Klein
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