Calvin Klein Young Men's Wool Blend (2) Button Blazer (Dominican Republic)

CALVIN KLEIN AMAZING TAILORING GREAT FOR ANY FORMAL/INFORMAL AFFAIR OR SPECIAL OCCASION In 1968, Calvin Klein founded Calvin Klein Limited, a coat shop in the York Hotel in New York, with $10,000. The first Calvin Klein collection was a line of "youthful, understated coats and dresses" featured at the New York store, Bonwit Teller. Just one year later, in September 1969, Klein’s designs appeared on the cover of American Vogue. By 1971, Klein had added sportswear, classic blazers, and lingerie to his women's collection. By 1977, annual revenues had increased to $30 million, and Klein had licenses for scarves, shoes, belts, furs, sunglasses, and sheets. In 1978, Klein claimed sales of 200,000 pairs of his famous jeans the first week they were on the market. By 1981, Fortune figured Klein's annual income at $8.5 million a year. In the mid-1970s, he created a designer jeans craze by putting his name on the back pocket. The stunning growth continued through the early '80s. The licensing program, which brought in $24,000 when it was initiated in 1974, had a royalty income of $7.3 million ten years later. In 1984, worldwide retail sales were estimated at more than $600 million, Klein's clothes were sold through 12,000 stores in the United States and were available in six other countries. His annual income passed $12 million. Calvin Klein is also world famous for various lines of perfumes and colognes, including Obsession and Eternity.