Monday, March 15, 2010

Tommy Hilfiger to get IZID treatment

Just had this ‘lil news blurb sent to me from Indiana... that the Phillips-Van Heusen Corp. has announced that it will acquire Tommy Hilfiger in a deal worth 3 billion... As in B in Billions! As the tie-up of the sheik Hilfiger with IZOD’s parent company PVH should see combined sales of $4.6b... As PVH owns a multitude of clothing brands such as Calvin Klein and Arrow to name just a few, as the deal will enable PVH to introduce its brands abroad...