Calvin Klein opening First Multi Brand Fashion Store

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The first store bringing together the entire Calvin Klein offering in Australia opened over the Easter long weekend at Queensland’s Sunshine Plaza. Spanning over 310sqm and offering a full range of men’s and women’s underwear, jeans, performance, accessories, as well as kid’s underwear, the store is the Calvin Klein’s 32nd in Australia, and reflects the brand’s minimal, modern aesthetic.
Sunshine Plaza recently finalised a $440 million redevelopment, boasting over 345 retail stores to become the first ‘super regional’ shopping centre North of Brisbane.
Calvin Klein’s presence in Australian and New Zealand had previously been run by Gazal Corporation, but the brand’s US-based owner, PVH Corporation, recently outlined plans to purchase Gazal.
The deal, which also impacts the Tommy Hilfiger brand and is expected to be finalised in the second quarter of 2019, will give PVH a more direct hand in the brand’s Australasian operations.
“I’m pleased that we have agreed to acquire Gazal. PVH currently – and for many years – has had a successful business relationship with our Australian partners and would be pleased to bring them into the larger PVH family,” Emanuel Chirico, PVH Corporation’s chairman and CEO said.
“Gazal has enhanced the market position of our brands in Australia and New Zealand and we believe the region continues to offer significant growth over the next five years and aligns with our strategic priority to expand our direct control of businesses operated under the Calvin Klein and Tommy Hilfiger brands worldwide.”
Questions & Answers
Q.What is the specific location of Calvin Klein’s first multi-brand store in Australia?
What is the specific location of Calvin Klein’s first multi-brand store in Australia?
The store opened at Queensland’s Sunshine Plaza, which recently completed a $440 million redevelopment. It is located in the first 'super regional' shopping centre north of Brisbane.
Q.How many Calvin Klein stores are there now in Australia, including this new opening?
How many Calvin Klein stores are there now in Australia, including this new opening?
This new multi-brand store is the 32nd Calvin Klein store to open in Australia. It offers a full range of men’s and women’s underwear, jeans, performance, accessories, and kid’s underwear.
Q.Which company previously managed Calvin Klein’s operations in Australia and New Zealand?
Which company previously managed Calvin Klein’s operations in Australia and New Zealand?
Gazal Corporation previously ran Calvin Klein's presence in Australia and New Zealand. PVH Corporation, the brand's US owner, is in the process of acquiring Gazal to take direct control of operations.
Q.What is the expected timeline for PVH Corporation to finalise its acquisition of Gazal Corporation?
What is the expected timeline for PVH Corporation to finalise its acquisition of Gazal Corporation?
The deal, which also affects the Tommy Hilfiger brand, is expected to be finalised in the second quarter of 2019. This will give PVH direct control over its Australasian operations.
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