Calvin Klein to close luxury collections business

American fashion brand to shut New York store and focus on denim and underwearThe American fashion brand Calvin Klein has announced that it is shutting its luxury collections business. It will instead focus on its existing categories, including denim and underwear.It comes after the unexpected departure of Calvin Klein’s creative director Raf Simons – formerly of Christian Dior and Jil Sander – late last year. The designer, who changed the category’s name from Calvin Klei