NEW YORK — Phillips-Van Heusen Corp. is freezing development of Calvin Klein full-price retail stores as the company continues to downsize its outlet retail operation, Emanuel Chirico, PVH chairman and chief executive officer, said Thursday.
Although Calvin Klein is a highly profitable growth engine for PVH, contributing $154.6 million, or 46 percent, of operating income in 2008, PVH’s outlet retail business has been a drag on financial performance.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"