PVH Corp. PVH and Gazal Corporation Limited announced today that they have formed a
joint venture, PVH Brands Australia Pty. Limited, which will license
from Calvin Klein, Inc., a wholly owned subsidiary of PVH, the rights to
operate, manage and distribute Calvin Klein brand products in
Australia, New Zealand and other island nations in the South Pacific.
The license term is 20 years.
Currently, the principal distribution in the region consists of a
wholesale and retail Calvin Klein Underwear distribution business
operated by Gazal, with product supplied through a wholly owned
subsidiary of PVH, and a wholesale and
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in