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July 30 2014

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PVH Corp. Buys Stake in Karl Lagerfeld

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CHA_1255.450x675Word came this morning that Karl Lagerfeld’s parent company has sold a 30 percent stake in the line to PVH Corp., whose stable of brands includes both Calvin Klein and Tommy Hilfiger. While the details of the deal weren’t made public, no price seems too high for the brand of a man with his own emojis.

Photo: Yannis Vlamos/ IndigitalImages.com

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