Your Reaction
Calvin's New Obsession
There's a "Help Wanted" sign on Calvin Klein's $2.5 billion fashion empire. The provocative designer of clothing and perfume has hired investment bank Lazard Freres & Co. to line up a deal (be it a partner or a complete buyout, say reports). According to a statement released Wednesday by Klein's New York-based company, the designer, 56, wants the financial freedom to expand his empire's line of accessories, menswear, active sportswear and home furnishings. The privately owned company also wishes to open more retail stores -- a move that will relax the grip department stores have on the designer.
Latest News
10:30AM EDT
As Seen in People
Angelina: Getting Double Mastectomy Was the 'Right Thing to Do For Our Family'
On Newsstands Now
- Angelina: Inside Her Brave Choice
- New Details on the Ohio Three
- Prince Harry Takes America!
Pick up your copy on newsstands
Click here for instant access to the Digital Magazine
Advertisement




















