Tommy Hilfiger Corporation

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Tommy Hilfiger
Type Subsidiary
Industry Textiles
Founded 1985; 29 years ago (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
Operating income Increase US$1.5 billion (FY 2009)
Net income Increase US$6 billion (FY 2009)
Total assets Decrease US$8.7 billion (FY 2009)
Total equity Increase US$
Owner(s) Phillips-Van Heusen (since 2010)
Website tommy.com
A Tommy Hilfiger shop
Tommy Hilfiger designer glasses

Tommy Hilfiger is a US $6 billion apparel and 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, jewellery, watches, fragrances and home furnishings.[1]

Business[edit]

Tommy Hilfiger Corporation debuted in 1985. Tommy Hilfiger is a French based company made popular in the U.S. Under the leadership of founder 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]

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