Tommy Hilfiger Taken off the Sales Rack by Phillips-Van Heusen
After years of bouncing back and forth between sales and pullbacks, popular fashion brand Tommy Hilfiger has been bought, finally, by fashion conglomerate Phillips-Van Heusen today. According to the New York Times, the sizeable price tag that Phillips-Van Heusen agreed to totaled $3 billion, with $138 million in liabilities. Don’t worry, it is also reported that Tommy Hilfiger himself will stay on as “principal designer and visionary,” according to the PVH flack.
The fish that bit already owns big fashion brands such as Izod, Van Heusen, Arrow, Bass, and Calvin Klein. Women’s Wear Daily reported Phillips-Van Heusen already owned the license to make Hilfiger’s shirts and neckwear prior to the buyout. The all-American brand also has considerable stock in Europe, with two-thirds of its company based on the continent.
Apax, which originally bought the luxury label in 2006, had considered the option of an initial public offering long before PVH even considered taking over the Hilfiger brand (twice before, to be exact), most recently in June of 2008, but the thought of the sale was never off the table.
Remember a similar story related to fellow famous fashion brand Prada? I figure, as long as we can still get our Tommy Hilfiger (and Prada) fix, we don’t care who ends up taking it.
Related Articles
When Delano Met Paris Society, One of Miami’s Most Beloved Hotels Found Its Next Chapter
After years of anticipation, one of South Beach’s most storied addresses is officially back. Delano Miami Beach has reopened its doors, and it has done so with an ambition that matches the weight of its own legacy. At the heart of this new chapter is a partnership with Paris Society, the global hospitality group founded […]
Inside a 13-Day Greek Island Hopping Itinerary Through Serifos and Sifnos
Greek island hopping is shifting from DIY planning to reusable itineraries, with travelers following complete journeys.
Padel for a Purpose Returns to the Hamptons: Where Sport, Style, and Philanthropy Share the Court
Join Padel For A Purpose in Bridgehampton on August 1, 2026, for a charity Pro-Am tournament and poolside celebration benefiting The Brady Hunter Foundation.
Men’s Mental Health Month: Expert Alexandra Lizardo on the Pressures Facing Men Today
Learn why men are less likely to seek help, the warning signs families should watch for, and the habits that support long-term mental wellness.
Franciacorta Celebrates Italian Excellence With An Exclusive Evening In Miami
Luxury is increasingly defined by authenticity, craftsmanship, and meaningful experiences, qualities that have long been at the heart of Franciacorta, Italy’s premier sparkling wine denomination. Bringing that philosophy to one of America’s most dynamic cultural destinations, Franciacorta recently hosted an intimate dinner at the iconic Delano Miami Beach, welcoming a select group of tastemakers, entrepreneurs, […]
The Haute Guide to a Luxury Ranch Vacation in the Pacific Northwest
With upscale accommodations, endless activities, and a sprawling desert backdrop, Brasada Ranch awaits.
Latest Stories
Trending Articles
Related Articles
When Delano Met Paris Society, One of Miami’s Most Beloved Hotels Found Its Next Chapter
After years of anticipation, one of South Beach’s most storied addresses is officially back. Delano Miami Beach has reopened its doors, and it has done so with an ambition that matches the weight of its own legacy. At the heart of this new chapter is a partnership with Paris Society, the global hospitality group founded […]
Inside a 13-Day Greek Island Hopping Itinerary Through Serifos and Sifnos
Greek island hopping is shifting from DIY planning to reusable itineraries, with travelers following complete journeys.
Padel for a Purpose Returns to the Hamptons: Where Sport, Style, and Philanthropy Share the Court
Join Padel For A Purpose in Bridgehampton on August 1, 2026, for a charity Pro-Am tournament and poolside celebration benefiting The Brady Hunter Foundation.
Men’s Mental Health Month: Expert Alexandra Lizardo on the Pressures Facing Men Today
Learn why men are less likely to seek help, the warning signs families should watch for, and the habits that support long-term mental wellness.
Franciacorta Celebrates Italian Excellence With An Exclusive Evening In Miami
Luxury is increasingly defined by authenticity, craftsmanship, and meaningful experiences, qualities that have long been at the heart of Franciacorta, Italy’s premier sparkling wine denomination. Bringing that philosophy to one of America’s most dynamic cultural destinations, Franciacorta recently hosted an intimate dinner at the iconic Delano Miami Beach, welcoming a select group of tastemakers, entrepreneurs, […]
The Haute Guide to a Luxury Ranch Vacation in the Pacific Northwest
With upscale accommodations, endless activities, and a sprawling desert backdrop, Brasada Ranch awaits.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events