End of an Era: Calvin Klein Is Shutting Down Its High-End Designer Collection

After Raf Simons left his position as the creative officer of Calvin Klein in December, it’s been stormy waters for the iconic brand. In December, it announced plans to close the flagship store in New York at 654 Madison Avenue. In January, about 100 employees were let go and in February, after 25 years of showing at New York Fashion Week, the American brand was a…