MORE CALVIN KLEIN CHANGES: The avalanche of changes at Calvin Klein Inc. appears to be impacting its structure in Europe.
Rumors have been swirling on the possible closure of the brand’s Milan office in Viale Umbria, where Calvin Klein has also held shows and presentations. Responding to a request for comment, the company on Monday issued a statement attributed to a spokesperson saying: “We can confirm that there is a collective dismissal procedure in place for some departments of the Calvin Klein Milan office. The company is working to try to minimize the social impact of this procedure. We know it is a difficult time but we trust in the cooperation of all of those involved to find appropriate solutions for the impacted associates.” No additional details were provided.
As reported, in the wake of Raf Simons’ departure as chief creative officer last December, Calvin Klein plans to relaunch the 205W39NYC collection business under a new name, design approach and creative direction, and it also plans to trim staff and close its historic New York flagship. These moves will result in about $120 million in restructuring costs. About 100 employees were let go across the entire business, including the flagship, last month.
As reported, Klein and Simons amicably decided to part ways in late December after Klein decided on a new brand direction that differed from Simons’ creative vision. Simons’ three-year contract was set to expire in August.