Textiles, Apparel and Luxury Goods
Company Overview of Tommy Hilfiger B.V.
Tommy Hilfiger B.V., through its subsidiaries, engages in the design, sourcing, and marketing of men’s and women’s sportswear and active wear, Jeanswear, and children swear. The company also offers various related apparel, accessories, footwear, fragrances, and home furnishings. The company distributes its products through department and specialty stores in the United States, Canada, Europe, Mexico, Central and South America, Japan, Hong Kong, South Africa, India, Australia, and other countries in the Far East. The company was formerly known as Tommy Hilfiger Corporation and changed its name to Tommy Hilfiger B.V. in 2007. The company was founded in 1982 and is based in Amsterdam, the Nether...
Amsterdam, 1054 ES
Founded in 1982
31 20 598 9888
31 20 589 9888
Key Executives for Tommy Hilfiger B.V.
Group Chief Executive Officer
Chief Executive Officer of Tommy Hilfiger Europe B V
Compensation as of Fiscal Year 2013.
Tommy Hilfiger B.V. Key Developments
Tommy Hilfiger B.V. Launches New Fall 2014 Women's Collection
Feb 20 14
Tommy Hilfiger BV has launched the new fall 2014 women's collection. An eclectic mix of technical mountaineering gear, western workwear and saturated plaids take on a youthful, bohemian sensibility. Traditional tartans, an established Hilfiger hallmark, are given an irreverent twist in bespoke checks that appear in various iterations on brushed wool-cashmere, mohair, and silk. The signature plaid pops up as revers and turn-backs on peacoat toppers, a range of shirt-dress silhouettes trimmed with navy velvet details, as well as must-have leather totes and satchels. Suede circle skirts accented with zigzag lock-stitching and tiered prairie skirts in fringed multiplaid are given a refresh in shrunken proportions. Rugged performance materials are used to create classic silhouettes and are unexpectedly mixed with rich velvet, suede, and leather. Exploration gear inspires imaginative touches like bungee-cord button holes and drawstrings, and polished speedlock hooks on footwear. Outerwear is key: teddy-fur bomber jackets layer over textural hand-worked alpine knits; cable-knit patchworked ponchos are paired with citified hiking boots; suede boyfriend puffer vests top utility denim. Everything has a slip-on ease, from oversized shearling-lined parkas to velvet sweatshirts with mini-dress proportions even the classic clog, updated in faux-fur finishes and worn with color-blocked ragg socks. It's tech meets trad with an adventure-ready spirit.
Tommy Hilfiger Reports Earnings Results for the Third Quarter and Nine Months Ended November 3, 2013; Provides Revenue Guidance for the Fourth Quarter of 2013
Dec 9 13
Tommy Hilfiger reported earnings results for the third quarter and nine months ended November 3, 2013. For the quarter, the company reported revenue of $921 million, a 10% increase as compared to $834 million in the prior year's third quarter. Revenue in the Tommy Hilfiger North America business increased 10%, principally driven by 3% retail comparable store sales growth, retail square footage expansion and double-digit growth in the wholesale sportswear business. On a non-GAAP basis, earnings before interest and taxes increased 6% to $143 million from $135 million in the prior year's third quarter, driven principally by the revenue increases. GAAP earnings before interest and taxes increased 30% to $168 million from $129 million in the prior year's third quarter due to the non-GAAP earnings increase, combined with $24 million of income recorded in the third quarter of 2013 due to the amendment of an unfavorable contract, which resulted in the reduction of a liability recorded at the time of the Tommy Hilfiger acquisition, and the absence in 2013 of costs incurred in connection with the Tommy Hilfiger integration and the related restructuring.
For nine months, the company reported revenues of $2,531,333,000 against $2,325,885,000 a year ago.
For the fourth quarter, the company expects revenue to be approximately $910 million as compared to the 2012 amount of $891 million.
Tommy Hilfiger Announces Expanded Home Collection Through Licensing Agreement with LF USA
Sep 24 13
The Tommy Hilfiger Group announced an agreement with LF USA to license home décor, beginning January 2014 in the U.S., Canada, South America and Mexico. Inspired by Tommy Hilfiger's signature classic American cool sensibility with a twist, the Spring 2014 home line features pieces reminiscent of summer days at the beach and will follow with a Fall 2014 collection of preppy, collegiate pieces for home. Celebrating the brand's preppy heritage, the Spring 2014 collection will launch with bedding, bath, table top décor, and decorative accessories, and will be followed by an expanded Fall 2014 line that will also include furniture and rugs. Featuring the brand's heritage red, white and blue aesthetic, the summer collection calls to mind the laid back vibe of California beach life, representing the Tommy Hilfiger brand's love of blending East Coast heritage with West Coast cool.
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