Calvin Klein and Tommy Hilfiger are sending a clear signal that Amazon is the future of fashion, and it’s terrible news for department stores

One of the biggest fashion retailers in the US is going all-in on Amazon, and it’s telling of where fashion is headed. According to a recent report from Nomura, Amazon now offers a bigger selection of Calvin Klein and Tommy Hilfiger clothing than Macy’s and JCPenney do. These brands, both owned by PVH Corp, have historically had a strong presence in department stores. However, Nomura data shows that they are shifting away from this channel in search of greener pastures. While department stores have struggled in recent years, Amazon has…

Read More