Big China promise for Calvin Klein

American fashion house Calvin Klein has found China promising.

The company, a subsidiary of Phillips-Van Heusen, plans to add 15 new freestanding stores to its existing 100 there.

It is anticipated the Chinese will become the world’s top luxury brand spenders in the next five years, hence, the company’s plan to boost its presence there.

Calvin Klein is also on track to expand in India, through new JV partner Arvind Brands Limited.

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