The Company noted that the products offered will be the women’s active performance wear apparel in the athletic and performance wear categories developed and produced under G-III’s license from Calvin Klein, Inc. utilizing materials and designs that enhance the active lifestyle including yoga, running, tennis, and biking. The line features items rendered in performance fabrics and finished with detailing appropriate for each of those classifications. The products to be offered in the retail stores in China and Hong Kong will include active performance wear pants, capris, shorts, tank tops, t shirts, and hooded jackets.As previously announced, G-III entered into a women’s wholesale Calvin Klein Performance license in 2007. In December 2011, the Company announced that it had entered into a retail store agreement with Calvin Klein, Inc., to open Calvin Klein Performance stores and shop in shops for the sale of women’s Calvin Klein Performance apparel in the United States, China, and Hong Kong. G-III also has rights to expand to additional countries throughout the world. The first Calvin Klein Performance store opened in the United States last month at Scottsdale Quarter in Scottsdale, Arizona.
G-III Apparel Group, Ltd. Announces China Joint Venture For Launch Of Women’s Calvin Klein Performance Retail Stores In China And Hong Kong
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