Professional Documents
Culture Documents
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It was founded in 1968 by Calvin Klein and his business partner Barry
Schwartz; they have built their reputation as a leader in American fashion
through their clean aesthetic and innovative designs. Global retail sales of
CALVIN KLEIN brand products exceeded $9 billion in 2017 and were
distributed in over 110 countries. Calvin Klein employs about 10,000 associates
globally. They were acquired by PVH Corp. in 2003.
Chairman and CEO of PVH Corp, in a statement said, “I have great confidence
that Cheryl is the right person to lead the CALVIN KLEIN brand. Her strong
management abilities, together with her consistent track record for operational
excellence, will provide strong direction for the Calvin Klein team”.
Responsibilities of Chief Executive Officer include
Behavioural Competencies
Confident and works well under pressure
Thinking and Decision Making
Creating Solutions and Change
Delivering Results and Improving
Performance and Responsibility
Good written and verbal communication skills.
Flexible & Reliable
ORGANISATIONAL CHART
CFO &
Operations
Chief Product
Officer
Country
Managers
CEO
Global
licensing head
Sr. VP Brand
experience
Managing
Directors
Partnership
Success is built on partnership and collaboration everywhere. We create an
environment where every associate is empowered to contribute and is
recognized for their effort.
Passion
We are passionate about our brands, businesses, products, designs and most
importantly the people who make up our communities around the world.
Integrity
We treat everyone with the highest degree of respect and strive to live and act
each day in an ethical manner.
Accountability
We take action to do the right thing and assume responsibility for our decisions,
actions, operations and products in the best interest of our associates, customers,
stakeholders, supply chain partners, and the workers who produce our products.
Products:
CALVIN KLEIN are licensed for number of products and as they say that its all
about elegance and passion, the products are high ended and are priced a bit low
then their competitors for gaining some market share. Most products are made
in USA, Italy and China.
2. Overweight women.
4. Young hipster.
5. The Market For Kids: As urban population is having more money now to
spend on; many fashion designer brands are moving into designer clothes
and other merchandise for kids. This can also be an opportunity market that
can offer a lot of scope for a popular designer brand like Calvin Klein
The products which are made for the target audience by the brand is very good
and well-received by the audience.
These products not only define the brand but are heart and soul of the company.
The company has made the simple clothing available with designer touch. The
company CEO said that they will increase the product range and designing
collections. With the existing products and demand, the brand wishes to
increase its visibility with introduction of new design and advertisement on an
accelerating pace. They underwent reconstructing their brand to spread their
reach.
When PVH bought CK the research team made sure that the quality of the items
should not be looked down in the midst of gaining large profit.
The brands personality can be observed with brand values as,
1. The design
The design of every product must be impeccable. The consumers are the
most important asset for the company. Their satisfaction and their wish
should be fulfilled by the brand. CK makes sure that these things are met.
Unique design yet simple in presentation are what make the brand what it is.
2. The Quality
The quality is what CK gives best. Bad quality would define the brand in the
bad list. The quality is top-notch and high branded in fashion.
3. Delivery
Distributing the products to the customer is very straight and up to the exact
standards. CK is putting high concentration in delivering its products. Its
deadline is always met but can be done more efficiently.
4. Accountability
CK employees account their mistakes and try to not repeat it. Putting blame
on others might be the way but not for CK.
calvin klein is one of the most talked brands. It has been in the news for many times
opportunity
The pricing range of Calvin Klein products is normally on a bit higher side as it
markets its products for upper middle class and higher class individuals
Place
It has very strong presence all over the word. And it is also making strong
presence in India now.
Promotion-
Brand
Energetic Confident
Personality
sexually
spontani
ous
Closing Statement:-
Calvin Klein needs to up its promotion and advertisement through campaign
which would enhance its market reach. The existing marketing plan is still
efficient and brand value is also well recognised.