USA: Calvin Klein Cuts Jobs And Shuts Down Sportswear Line
Top American designer Calvin Klein has cut 90 jobs at the company's headquarters and is closing its mid-priced sports wear line, CK Bridge. And the designer has warned that more big changes could be on the way as the business is restructured worldwide. The CK Bridge division, priced between the top-of-the range Collection and the more affordable jeans line, generates around $50 million sales a year.
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