Calvin Klein's $55 million bid

Calvin Klein will open at Broadway Sydney next month as part of the centre's $55 million redevelopment.

It will join H&M in the redeveloped Level 2, which will offer a fusion in fashion, beauty and food products.

Calvin Klein Underwear, a wholly owned subsidiary of PVHBA, will lease 65 square meters.

Calvin Klein will retail intimate apparel for men and women, as featured on model Bella Hadid and Real Madrid footballer James Rodriguez in the latest campaign.

The store will also offer Calvin Klein Performance, a women’s athleisure range.

In addition to an entirely new look, the new Level 2 includes a 3,400 square metre expansion to increase its current retail offering and is due to launch in August 2016.