Tommy Hilfiger

Tommy Hilfiger's new line is colourful, sporty

Tommy-HilfigerNew York, Sep 10 : Fashion apparel brand Tommy Hilfiger’s women’s spring-summer 2014 collection is colourful and sports-inspired.

The collection was presented at the New York Fashion Week here Monday.

“It’s Melrose to Malibu. The West Coast represents a golden era of surf, sport, and optimism,” Tommy Hilfiger, founder of the lifestyle brand Tommy Hilfiger Group, said in a statement.

THG Strikes Stake Deal with AMB

THG Strikes Stake Deal with AMBTommy Hilfiger brand or THG enters into a stake deal with the Arvind Murjani Brands or AMB, the amount paid for the deal has been kept a secret. As per the deal THG has bought 50% of the stakes of AMB.

The international clothing brand THG has taken this move, in order to increase its outlets in India. According to a revelation made by an anonymous person, THG had paid an amount of 400 crore to the India-based clothing company for the stake deal.

Phillips-Van Heusen buys Tommy Hilfiger in a $3 billion deal

Tommy-HilfigerPhillips-Van Heusen Corp. has acquired the clothing conglomerate Tommy Hilfiger B. V. in a deal worth $3 billion in cash and stock. Phillips-Van Heusen announced the acquisition on Monday.

The acquisition of Tommy Hilfiger is seen by Phillips-Van Heusen as a unique opportunity to bring together two premier companies, each with iconic brands. The expected revenue by Tommy Hilfiger in the current fiscal ending March 31 2010 is about $2.25 billion. Tommy Hilfiger has a very strong distribution channels in Europe and Phillips-Van Heusen is eyeing to get benefit from that.

Tommy Hilfiger loses out in luxury estate sale

Tommy Hilfiger loses out in luxury estate saleWashington, Nov 27: Tommy Hilfiger did not make a handsome profit for a change – his Connecticut luxury estate, which he had bought for 18 million dollars, sold out for 8 million dollars less than the asking price.

The fashion mogul had bought the Greenwich home four years ago.

The slump in the market caused the mansion’s price to slip and Hifiger who had hoped to sell the house for 28million only got 20million from its sale, reports Contactmusic.

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