Tommy Hilfiger Group

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US: FAO Schwarz buys children’s wear brand Best & Co | 26 Nov 07

Toy retailer FAO Schwarz has bought luxury children's apparel and accessories brand Best & Co, which it plans to expand through selective wholesale and international distribution.

AUSTRALIA: AWI ties up Vietnamese wool projects | 9 Nov 07

Australian Wool Innovation (AWI) has agreed a range of new projects with mills and garment makers in Vietnam to develop new fabrics and active sportswear using its Merino wool.

FRANCE: Vaprio Stile to produce Karl Lagerfeld collection | 30 Oct 07

Tommy Hilfiger unit Karl Lagerfeld has entered into a licensing alliance for Italian company Vaprio Stile to produce the brand's women's collection starting fall 2008.

INDIA: Arvind Mills’ Q2 profit jumps 122% | 29 Oct 07

Textile and apparel major Arvind Mills Limited has posted a 122% jump in second quarter profit, even though its fabric and garment business is under pressure from the rising rupee and increasing costs of cotton.

US: Tommy Hilfiger and Macy's confirm fashion alliance | 29 Oct 07

Clothing brand Tommy Hilfiger has confirmed last week's speculation about an exclusive clothing deal with New York-based retailer Macy's.

US: Macy's to announce Tommy Hilfiger tie-up? | 26 Oct 07

Macy's is expected to reveal an exclusive deal with Tommy Hilfiger to sell its biggest US lines at Macy's department stores, it has been reported.

INDIA: Arvind Mills turning to retail - papers | 19 Oct 07

Indian textile manufacturer Arvind Mills is planning to enter the retail market through its Arvind Brands unit, it has been reported.

UK: Tommy Hilfiger eyeing $3bn European float? | 17 Oct 07

Upmarket US fashion label Tommy Hilfiger is examining the possibility of a float on the European markets in a deal that could see the company valued at up to EUR3bn (US$4.2bn), media reports suggested today (17 October).

US: Superior Uniform agrees alliance with Hartmarx unit | 17 Oct 07

Superior Uniform Group is to market clothing and accessories made by Hartmarx Corp under the Palm Beach, Hart Schaffner Marx, Austin Reed, Perry Ellis and Tommy Hilfiger brands after signing an exclusive alliance with the firm’s International Women's Apparel Inc subsidiary.

INDIA: US Polo Association signs deal with Arvind Mills | 10 Oct 07

The US Polo Association has signed a licensing deal with Arvind Mills Ltd to design and distribute US Polo branded sportswear in India, and open its stores in the country.

US: Apax Partners mulling $3bn Tommy Hilfiger IPO? | 8 Oct 07

US upmarket fashion brand Tommy Hilfiger is being prepared for a $3bn stock market flotation by its owner, private equity firm Apax Partners, according to newspaper reports at the weekend.

US: Collective Brands outlines cost efficiencies | 28 Sep 07

Collective Brands Inc yesterday (28 September) told analysts and investors at a meeting in New York that its Stride Rite children’s footwear unit is unlikely to add to earnings in 2008 due to the impact of purchase accounting.

US: Macy's to launch star-studded ad campaign | 13 Sep 07

Macy's has revealed details about a new advertising campaign in the US featuring famous directors and celebrities.

US: New York & Co names Celia Rao Visconti as marketing chief | 28 Aug 07

Women’s fashion retailer New York & Company Inc has appointed Celia Rao Visconti as its chief marketing officer, replacing Robert J Luzzi who left the company last week to take up a similar post at AnnTaylor Stores.

INDIA: US private equity firm buys majority stake in Gokaldas Exports | 21 Aug 07

US private equity firm Blackstone Group has bought a majority stake in India’s largest garment manufacturer and exporter, Gokaldas Exports, and has launched an offer for an additional 20% of the company’s shares.

US: Hartmarx buys sportswear maker Monarchy | 17 Aug 07

Clothing and sportswear firm Hartmarx Corporation has acquired casual clothing maker Monarchy LLC as it tries to reduce its dependence on sales of tailored clothing to mainstream department stores.

HONG KONG: Li & Fung spends $243m on apparel, shoe firms | 16 Aug 07

Hong Kong-based Li & Fung, the world’s biggest textile sourcing group, has posted a 38% hike in first half profit and says it is to spend more than $243m on buying two suppliers to help it take advantage of the global trend toward outsourcing.

US: Parisa hires vice president of sales development | 14 Aug 07

Private label lingerie and swimwear manufacturer Parisa USA has hired Jalil Keval as its vice president of sales development.

GERMANY: Baeumler names Singh as new chief executive | 27 Jul 07

Sanjiv Singh has been named CEO of German men's wear brand Baeumler and will assume his new duties in the next few months.

US: Liz Claiborne reviews 16 brands, to cut jobs | 11 Jul 07

Apparel giant Liz Claiborne today revealed plans that could see it shed nearly half of its brands and cut 600 to 800 jobs as it attempts to cut costs in the face of a downturn in department store sales.

US: Stride Rite Q2 profit falls 16% ahead of Payless deal | 26 Jun 07

Slumping wholesale sales in its children's group have dented second quarter results at footwear maker The Stride Rite Corporation, pushing down profit by 16%.

SRI LANKA: Hirdaramani Group commits to green garment factories | 18 Jun 07

Sri Lankan garment maker The Hirdaramani Group plans to build a green factory this year and invest in a project to make all of its existing factories more environmentally friendly, just-style has learnt.

US: Payless to buy Stride Rite for $800m, change name | 23 May 07

Consolidation in the US retail footwear industry advanced another giant step late on Tuesday (22 May) with the announcement that Payless ShoeSource had reached an agreement to acquire wholesaler/retailer Stride Rite Corp for about US$800m plus the assumption of debt.

UK firms lead in smart textiles and wearable electronics | 3 May 07

UK firms are leading the way in smart fabrics and interactive textiles for wearable electronics, according to a new report from Textiles Intelligence. But one challenge being faced by some of the more successful players is the rate at which they are able to raise additional capital in order to expand their production capacity and meet rapidly rising demand.

JAPAN: Renown posts FY net loss, sees profit in 2008 | 19 Apr 07

Japanese apparel maker Renown Incorporated has slumped to a net loss for the year to 28 February, despite sales increasing by 47.2%.

US: Hickey-Freeman to steer Hart Schaffner Marx lifestyle effort | 18 Apr 07

Hartmarx Corp is going to take its Hart Schaffner Marx label into lifestyle brand territory, and it’s going to lean on its Hickey-Freeman unit to lead the charge.

UK: Apax lines up 25% stake in Adidas | 18 Apr 07

Adidas Group could be an investment target for London-based private equity firm Apax Partners, reports suggest today (18 April), with the move possibly preceding a full scale bid for the company.

US: Joe Scirocco joins Quiksilver as CFO | 17 Apr 07

Joe Scirocco has joined Quiksilver, the Huntington Beach, California-based outdoor lifestyle company, as chief financial officer. He succeeds Steve Brink, who has resigned but will stay with the firm to aid in the transition and provide consulting services thereafter.

Will a new size survey help Indian clothiers, retailers? | 29 Mar 07

The National Institute of Fashion Technology is due to begin India’s first national body size survey in the next two months. Its timing comes as the country’s retail sector is booming and should lead to the development of standard size charts that will not only help apparel firms make better-fitting clothes but also improve production efficiencies. Reena Mital reports.

ANALYSIS: Li & Fung on target for record revenues | 26 Mar 07

Last week, Hong Kong-based Li & Fung announced a 22% jump in 2006 sales to HK$68bn (US$8.7bn). The world's biggest textile sourcing group is now poised to punch well above its target $10bn revenues this year, helped by its recent acquisition of Tommy Hilfiger’s sourcing operations. Dominique Patton reports.








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