**FOR IMMEDIATE RELEASE**
FOR IMMEDIATE RELEASE
CALVIN KLEIN ANNOUNCES STRATEGIC BRAND REALIGNMENT; ICONIC LOGO REBRANDING TO BE PHASED OUT GLOBALLY
NEW YORK, NEW YORK — In a development that is set to redefine American fashion, fashion house Calvin Klein has officially announced a comprehensive strategic realignment, which includes the phasing out of its iconic monochromatic logo from all apparel lines by the fourth quarter of the current fiscal year.
WHO: Calvin Klein, a subsidiary of PVH Corp., along with newly appointed Chief Creative Officer, Veronica Leoni.