Is China the next gold-rush for designer brands? Calvin Klein targets China with a new 2,690-square-foot store on the lower ground floor of the Peninsula Arcade in the Peninsula Beijing Hotel in Beijing. China boasts 44 Calvin Klein boutiques across brands such as Calvin Klein Jeans, ck Calvin Klein and Calvin Klein Underwear, and Hong Kong 26, the new Beijing store, marks the company’s first Collection store in the region. The Peninsula Arcade is home to many top fashion brands, including Cartier, Burberry, Bulgari, Chanel, Christian Dior, Dolce & Gabbana, Gucci, Hermès, Louis Vuitton and Prada. CK apparently plans to open more stores in China, and Shanghai is likely to be the next destination.