October 22, 2019 / 3:14 PM / a month ago

BRIEF-Calvin Klein And Swatch Group Agree To End Licensing Agreement

Oct 22 (Reuters) - Calvin Klein Inc:

* CALVIN KLEIN, INC. AND SWATCH GROUP AGREE TO END LICENSING AGREEMENT

* CALVIN KLEIN SAYS IS CURRENTLY EVALUATING BEST POSSIBLE PARTNER FOR FUTURE AND WILL ANNOUNCE ITS PARTNER IN DUE COURSE

* CALVIN KLEIN- AGREES TO END AGREEMENT WITH SWATCH AS PARTNERS BELIEVE THEY HAVE BEEN UNABLE TO ACHIEVE MAXIMUM POTENTIAL IN KEY MARKETS

* CALVIN KLEIN SAYS “THE GROWTH OPPORTUNITY WE SEE” FOR WATCH AND JEWELRY CATEGORY “HAS NOT BEEN OPTIMIZED WITH CURRENT LICENSEE, SWATCH GROUP” Source text for Eikon: Further company coverage:

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