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The Tommy Hilfiger Corporation went public in 1992. [10] After licensing Pepe Jeans USA in 1995, in 1996 Tommy Hilfiger Inc. began distributing women's clothing as well. [16] By the end of the next year, Hilfiger had opened his first store in Beverly Hills, which was followed by a store in London in 1998. [16]
The corporation began making men's clothing under the Timberland name in 2008, with women's clothing following in 2009, under a licensing agreement. [ 13 ] On March 15, 2010, Phillips-Van Heusen acquired Tommy Hilfiger for $3 billion. [ 14 ]
Thomas Jacob Hilfiger (/ h ɪ l ˈ f ɪ ɡ ər / hil-FIG-ər; born March 24, 1951) [1] is an American fashion designer and the founder of Tommy Hilfiger Corporation. [2]After starting his career by co-founding a chain of jeans/fashion stores called People's Place in upstate New York in the 1970s, he began designing preppy clothing for his own eponymous menswear line in the 1980s.
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Warnaco also acquired the license for Calvin Klein Jeans and Calvin Klein retail stores through its takeover of Designer Holdings, Inc. [29] The license for Calvin Klein children's clothing was purchased from Commerce Clothing [30] Warnaco closed out the 1990s by selling off its underperforming Hathaway label and reacquiring Authentic Fitness.