Tommy Hilfiger – Could this be the END!

 

Well…

Not the end but maybe the end of an era and a start of a new one. Tommy Hilfiger who through evidence and statements several years ago was wrongly accused of racist comments is up for sale. It seems 2010 and fashion is definetly about expansion  and growthing into bigger and better things. Hilfiger trades throughout Europe, Asia and Central and South America out of 950 stores. It’s EBITDA for the 2009 financial year totalled €270 million, with sales of €1.6 billion.

It seems Calvin Kleins current owner Phillips- Van Heusen would be making the buy-out which in turn will give him full control of International networks. Mr Heusen already has been making Shirts for Hilfiger so the move was inevitable and now its just about onwards and upwards.

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