Tommy Hilfiger B.V. , formerly known as Tommy Hilfiger Corporation and Tommy Hilfiger Inc., is an American premium clothing brand, manufacturing apparel, footwear, accessories, fragrances and home furnishings. The company was founded in 1985, and the brand’s merchandise is sold in department stores and over 2000 free-standing retail stores in 100 countries. In 2006, private equity firm Apax Partners acquired the company for approximately $1.6 billion. In March 2010, PVH Corp. (then known as Phillips-Van Heusen) bought the company. Daniel Grieder was appointed CEO in July 2014, while founder Tommy Hilfiger remains the company’s principal designer, leading the design teams and overseeing the entire creative process. Global sales in retail through the brand were US $6.4 billion in 2013 and $6.7 billion in 2014. Of PVH’s preppy-styled brands Tommy Hilfiger is the higher-priced of the two, slotting above Izod in the lineup.
In March 2010, Phillips-Van Heusen (PVH Corp.) bought the Tommy Hilfiger Corporation for $3 billion, in a deal that was nearly seven times what PVH had paid for Calvin Klein in 2003. Fred Gehring, who launched Hilfiger’s European division in 1996, assumed the role of Hilfiger’s CEO. Global sales in retail for the brand in 2013 were US $6.4 billion, and $6.7 billion in 2014. Daniel Grieder was appointed CEO of Tommy Hilfiger Group in July 2014. Former CEO Gehring was made executive chairman of Tommy Hilfiger Group and was appointed vice-chairman of PVH.
In January 2015, Tommy Hilfiger debuted a digital sales showroom at its New York City headquarters, which the publication WGSN opined would “transform the traditional buying process.” With plans to open showrooms in other cities, Hilfiger described the showroom as “an innovation of the order process with cost-saving potentials along the whole value chain.” Gehring stepped down as Tommy Hilfiger Group’s chairman in August 2015, though he retained his role at PVH. Tommy Hilfiger remains the company’s principal designer, leading the design teams and overseeing the entire creative process.
In 2020, PVH announced that as part of their animal welfare policy, the company does not use exotic skins and would be banning their use in Tommy Hilfiger collections when “our annual update of that policy is released.”
In 2021, Tommy Hilfiger released their first genderless collection in collaboration with Indya Moore.