Tommy Hilfiger Corporation

Tommy Hilfiger
Subsidiary
Industry Textiles
Founded 1985
Headquarters Cheung Sha Wan, Hong Kong
New Jersey, United States
Amsterdam, Netherlands
Key people
 Tommy Hilfiger (founder)
Daniel Grieder (current CEO)
Products fabrics, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services
Increase US$1.5 billion (FY 2009)
Increase US$6 billion (FY 2009)
Total assets Decrease US$8.7 billion (FY 2009)
Total equity Increase US$
Owner Phillips-Van Heusen (since 2010)
Website tommy.com
A Tommy Hilfiger shop
Tommy Hilfiger designer glasses

Tommy Hilfiger is an American fashion, apparel, design, fragrance retail company, offering consumers high end products including men’s, women’s and children’s apparel, sportswear, denim, and a range of licensed products such as accessories, jewelry, watches, fragrances and home furnishings.[1]

Business

Tommy Hilfiger Corporation debuted in 1985. Tommy Hilfiger brand became popular in the U.S. after it was launched in the mid-1980s continuing to gain popularity globally throughout the 1990s and onwards under the original leadership of founder, designer and namesake Tommy Hilfiger and Chief Executive Officer Fred Gehring , the brand can be found in leading department and specialty stores, as well as in its own expanding network of freestanding retail stores, worldwide.[2] When PVH Corp. (NYSE: PVH) (then known as Phillips-Van Heusen Corporation) acquired the company in May 2010, Gehring also assumed the role of CEO of PVH’s international operations, while Hilfiger remains the company's Principal Designer and provides leadership and direction for all aspects of the design process.[1] In October 2013, Daniel Grieder became CEO of the Tommy Hilfiger Corporation.[3]

The company licenses the brand to its OEM company through its subsidiary Tommy Hilfiger Licensing LLC, which is based in New Jersey.[4] The licensing company owns the rights to the logo.[5]

References

  1. ↑ 1.0 1.1 http://global.tommy.com/int/en/About/overview
  2. ↑ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5659813
  3. ↑ "Tommy Hilfiger CEO Switch: Gehring Makes Way for Grieder". WWD. 29 October 2013. Retrieved 29 October 2013.
  4. ↑ Tommy Hilfiger Licensing LLC on Businessweek.com
  5. ↑ http://www.customs.govt.nz/library/IPR+List/IPR+Notices/Tommy+Hilfiger+Licensing+Inc+Trade+Mark+Notices.htm[]

External links

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