Tommy Hilfiger’s Blue Year Yields Red Ink of $513.6 Million
Tommy Hilfiger posted nine-digit losses for its fourth-quarter and year-after special charges and amid declines in its wholesale and retail operations.
From This Issue
IMPORT BAN PUSHED: Legislation banning all imports from Myanmar has been introduced in Congress, with backing from Republicans and Democrats outraged by the country’s military dictatorship’s recent crackdowns against the democratically…
NO MERCIER FOR BALMAIN: The calendar for the couture shows in Paris in early July just came out — and Balmain isn’t on it. Sources said the house has parted ways with designer Laurent Mercier, who stayed for only three ready-to-wear…