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Is G-III Planning to Scoop Up Calvin Klein Jeans License?

Could Calvin Klein Jeans, which are done in-house by Calvin Klein Inc., be changing hands again?
According to knowledgeable sources, G-III Apparel Group, which has the Calvin Klein license for women’s ready-to-wear, accessories, outerwear, swimwear and dresses in North America, has an executive search out for a president of women’s Calvin Klein Jeans. That would mean that G-III could very well be scooping up the Calvin Klein Jeans women’s license for North America.
CKI got the jeans business back when its parent firm, PVH Corp., acquired Warnaco Group in 2012.
If a deal is struck, sources say G-III would manufacture and distribute Calvin Klein women’s Jeans in North America, while the European Calvin Klein Jeans line would remain with CKI, and continue to be designed out of Amsterdam, where Tommy Jeans are produced. Both Tommy Hilfiger and Calvin Klein are divisions of PVH.
Morris Goldfarb, chairman and chief executive officer of G-III, was traveling in Europe and unreachable for comment. A spokeswoman for PVH Corp. said Thursday the company doesn’t comment on rumors.
G-III, which has been a savior for Calvin Klein, has healthy distribution in major department stores and reportedly generated about $1.2 billion in wholesale volume for its Calvin Klein products last year.

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Via:: https://wwd.com/fashion-news/denim/is-g-iii-planning-to-scoop-up-calvin-klein-jeans-license-1203080448/