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From the outset, the three envisioned the kind of upscale casual apparel Tommy would wear: printed silk shirts and tailored pants for island living. [2] Basing clothing on the concept, they founded Tommy Bahama Group, Inc. in 1993. [3] In 2003, Tommy Bahama Group became fully owned by Oxford Industries, Inc.
Oxford Industries, Inc. is a publicly traded clothing company in the United States that specializes in high-end clothing and apparel. The company carries many major labels, including Tommy Bahama , Lilly Pulitzer, Johnny Was and Southern Tide .
Tommy Hilfiger delivers its products worldwide under the Tommy Hilfiger and Hilfiger Denim brands, [40] and also has a breadth of collections including Hilfiger Collection, Tommy Hilfiger Tailored, men's, women's and kid's sportswear, denim, accessories, and footwear. In addition, the brand is licensed for a range of products such as fragrances ...
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In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
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