Tommy Hilfiger is owned by PVH Corp., which acquired it for $3 billion in cash and stock in 2010. PVH is primarily owned by institutional investors like FMR (Fidelity) with 15.2% of the company, PZENA with 11.5%, The Vanguard Group with 11.5%, BlackRock with 6.6%, and Wellington Management Group with 5.8%. PVH also owns other iconic fashion brands like Calvin Klein. Tommy Hilfiger generated $4.65 billion in revenue in 2022.
|Tommy Hilfiger||PVH Corp.|
|Owned by PVH Corp.||Owned by institutional investors|
|Acquired by PVH Corp. in 2010 for $3 billion (cash and stock)||PVH Corp. owns Tommy Hilfiger and other fashion brands like Calvin Klein|
|Major Institutional Investors in PVH:||Financial Performance:|
|FMR (Fidelity): 15.2% stake||Tommy Hilfiger generated $4.65 billion in revenue in 2022|
|PZENA: 11.5% stake||PVH Corp. is a leading global apparel company|
|The Vanguard Group: 11.5% stake|
|BlackRock: 6.6% stake|
|Wellington Management Group: 5.8% stake|
|Business Model:||Influence of Institutional Investors:|
|Tommy Hilfiger operates as a global fashion brand, offering clothing, accessories, and footwear.||Institutional investors significantly influence PVH’s strategic decisions and direction|
|Known for its classic American style and preppy fashion.|
|Organizational Structure:||Continued Growth:|
|Part of PVH Corp.’s brand portfolio, with its own design and creative teams.||Backed by PVH Corp. and its investors, Tommy Hilfiger maintains growth and innovation|
|Collaborative efforts within PVH Corp.’s corporate structure.||Tommy Hilfiger continues to experience growth and innovation within the fashion industry|
|Tommy Hilfiger follows a multi-channel distribution strategy, with a presence in retail stores, e-commerce, and wholesale partnerships.|
|The brand operates its own retail stores and online store, reaching a global customer base.|
|Partnerships with department stores and other retailers expand its reach.|
Tommy Hilfiger: Ownership and Investors
Tommy Hilfiger, a renowned fashion brand, is currently owned by PVH Corp., a global apparel company that acquired it in 2010. The ownership and investors of PVH play a crucial role in the growth and success of Tommy Hilfiger and the broader PVH portfolio, which also includes other iconic fashion brands like Calvin Klein.
PVH Corp. is the parent company of Tommy Hilfiger and several other prominent fashion brands. PVH acquired Tommy Hilfiger in 2010 for $3 billion in cash and stock. This strategic move expanded PVH’s portfolio and strengthened its position in the fashion industry.
PVH is primarily owned by institutional investors who have significant stakes in the company, influencing its direction and performance. Some of the major institutional investors in PVH include:
- FMR (Fidelity): Fidelity is one of the leading investment management companies and holds a substantial 15.2% ownership stake in PVH.
- PZENA: PZENA, another institutional investor, has an 11.5% ownership stake in PVH.
- The Vanguard Group: As one of the largest investment management companies globally, The Vanguard Group also holds an 11.5% ownership stake in PVH.
- BlackRock: BlackRock, a renowned asset management company, owns 6.6% of PVH’s shares.
- Wellington Management Group: Wellington Management Group holds a 5.8% ownership stake in PVH.
The collective influence of these institutional investors shapes PVH’s overall strategy and ensures the company’s financial stability.
Revenue and Performance
Under the ownership of PVH, Tommy Hilfiger has experienced remarkable success. In 2022, Tommy Hilfiger generated $4.65 billion in revenue, a testament to the brand’s popularity and strong market presence.
As part of PVH’s diverse portfolio, Tommy Hilfiger continues to be a key player in the fashion industry, offering iconic designs and a strong brand identity. The support and resources provided by PVH and its institutional investors contribute to Tommy Hilfiger’s sustained growth and innovation within the fashion world.
Key Highlights: Tommy Hilfiger’s Ownership and Financial Performance
- Ownership: Tommy Hilfiger is owned by PVH Corp., which also owns other leading fashion brands, including Calvin Klein.
- Acquisition: PVH Corp. acquired Tommy Hilfiger in 2010 for $3 billion in a mix of cash and stock.
- Major Institutional Investors of PVH:
- FMR (Fidelity): 15.2% stake
- PZENA: 11.5% stake
- The Vanguard Group: 11.5% stake
- BlackRock: 6.6% stake
- Wellington Management Group: 5.8% stake
- Revenue: Tommy Hilfiger generated a revenue of $4.65 billion in 2022.
- Significance: Tommy Hilfiger remains a pivotal brand in PVH’s portfolio, showcasing strong market presence and iconic designs.
- Influence of Institutional Investors: The strategic decisions and direction of PVH, and by extension Tommy Hilfiger, are significantly influenced by its primary institutional investors.
- Continued Growth: With the backing of PVH and its investors, Tommy Hilfiger maintains its growth trajectory and innovation in the global fashion industry.
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