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Barry and Sheryl Schwartz Feted at FIT for Donation and Scholarship Fund

It was a Calvin Klein reunion of sorts Thursday night, when Barry Schwartz, co-founder and former chairman of Calvin Klein Inc., and his wife Sheryl were honored at the Fashion Institute of Technology.
The Schwartzes donated to the Museum at FIT three sample coats that launched the Calvin Klein Inc. business in 1968. In addition, the Schwartzes have established a scholarship fund at FIT in their name, which will provide full tuition support to a student in financial need through all four years of their undergraduate studies at FIT.
Two of the original wool coats (a pale teal double-breasted version and a brown single-breasted) were launched for fall 1968, and one (a black-belted coat) was launched for the holiday season a few months later. The items, which were on display, had been in the Schwartzes’ cedar closet at their farm in Granite Springs, N.Y., where Sheryl has amassed a vast collection of Calvin Klein clothing over the years.
The inspiration behind the display came from the facade of the York Hotel, where Klein and Schwartz started the brand in room 613. After months of putting the line together, the label took off after Donald O’Brien, vice president of Bonwit Teller, saw a coat

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Via:: https://wwd.com/fashion-news/designer-luxury/barry-and-sheryl-schwartz-feted-at-fit-for-donation-and-scholarship-fund-1203122523/