PVH's Calvin Klein Inks 5-year License Deal With G-III Apparel - Quick Facts

(RTTNews) - PVH Corp.'s (PVH) subsidiary Calvin Klein, Inc. has on Monday entered into a license agreement with G-III Apparel Group, Ltd. (GIII) for the design, production and distribution of Calvin Klein Jeans women's jeanswear collections in the United States and Canada. The agreement has an initial term of five years.

This business is in addition to the other women's Calvin Klein businesses that are already licensed to G-III by Calvin Klein.

The arrangement will support PVH's strategy to build a successful women's jeanswear business in North America by leveraging G-III's category and market expertise. The launch of G-III's first women's Calvin Klein Jeans collection is expected for the spring 2020 season.