Tommy Hilfiger

Who owns Tommy Hilfiger?
Tommy Hilfiger is owned by PVH Corp. (NYSE: PVH), one of the world's largest apparel companies. PVH acquired Tommy Hilfiger in 2010 for approximately $3 billion from Apax Partners. PVH also owns Calvin Klein. Stefan Larsson serves as CEO of PVH Corp.

Where is Tommy Hilfiger headquartered?
Tommy Hilfiger's global headquarters are in Amsterdam, Netherlands, reflecting the brand's significant European business. The brand also has major offices in New York City (North America headquarters). Tommy Hilfiger products are sold in more than 100 countries worldwide.

Who founded Tommy Hilfiger?
Tommy Hilfiger was founded in 1985 by designer Tommy Hilfiger in New York City. Hilfiger launched the brand with a bold advertising campaign that positioned it alongside established American designers. The brand went public in 1992 and was taken private by Apax Partners in 2006 before being acquired by PVH Corp. in 2010.

What does Tommy Hilfiger sell?
Tommy Hilfiger sells apparel, accessories, footwear, fragrances, and home products for men, women, and children. The brand's sub-lines include Tommy Jeans (denim), Tommy Hilfiger Tailored (formal wear), Hilfiger Collection (premium pieces), and Tommy Hilfiger Adaptive (clothing for people with disabilities). The brand generates annual retail sales exceeding $9 billion globally.

Is Tommy Hilfiger publicly traded?
Tommy Hilfiger itself is not publicly traded. It is a wholly owned subsidiary of PVH Corp. (NYSE: PVH), which is publicly listed on the New York Stock Exchange. PVH Corp. also owns Calvin Klein and other fashion brands.

How big is Tommy Hilfiger?
Tommy Hilfiger generates annual retail sales exceeding $9 billion globally and operates in more than 100 countries. The brand operates hundreds of owned retail stores worldwide and sells through thousands of wholesale accounts including major department stores and specialty retailers.

Tommy Hilfiger, the designer, launched his eponymous brand in 1985 in New York City. Hilfiger had previously worked in fashion retail and design, and his new brand quickly gained attention for its bold, preppy American aesthetic. The brand's early advertising campaigns, which positioned Hilfiger alongside established American designers like Ralph Lauren and Calvin Klein, generated significant buzz.

Tommy Hilfiger Corporation went public in 1992, listing on the New York Stock Exchange. The brand experienced explosive growth through the 1990s, becoming a cultural phenomenon associated with hip-hop culture and mainstream American fashion. Celebrities including Snoop Dogg, Aaliyah, and others wore Tommy Hilfiger, giving the brand significant cultural cachet.

The brand experienced a slowdown in the late 1990s and early 2000s as fashion trends shifted. Apax Partners, a private equity firm, took Tommy Hilfiger private in 2006 for approximately $1.6 billion. Under Apax's ownership, the brand underwent significant restructuring, closing underperforming stores and refocusing on its core strengths.

PVH Corp. acquired Tommy Hilfiger in 2010 for approximately $3 billion. Under PVH's ownership, Tommy Hilfiger expanded aggressively in Europe and Asia Pacific, where the brand had significant untapped potential. The brand also benefited from PVH's operational expertise and global distribution network.

Tommy Hilfiger has continued to invest in cultural relevance through high-profile collaborations, including partnerships with model Gigi Hadid and tennis player Rafael Nadal, and through its Tommy Now see-now-buy-now fashion show format.

For fiscal year 2024, Tommy Hilfiger generated retail sales exceeding $9 billion globally, making it one of PVH Corp.'s two primary revenue drivers alongside Calvin Klein.

Tommy Hilfiger faced a significant controversy in the late 1990s when a rumor circulated that the designer had made racist remarks on a television program. The rumor was false, and Hilfiger denied it, but it spread widely and affected the brand's reputation, particularly among African American consumers who had been important to the brand's success. The rumor was eventually debunked.

Tommy Hilfiger has also faced scrutiny regarding labor practices in its supply chain, including allegations of poor working conditions at factories producing Tommy Hilfiger products in developing countries.