Tommy’s Indian Trek: Hilfiger Among Brands Aiming at $500B Market
Tommy Hilfiger is heading East — and will beat even Wal-Mart in the process. As noted, the American designer has signed a deal to open freestanding Tommy Hilfiger stores in India in a major expansion drive to the subcontinent.
From This Issue
PARIS — Swiss flavors and fragrances supplier Givaudan announced 2003 net profits of 216 million Swiss francs, or $168.9 million at current exchange rates, down 15.6 percent year-on-year.
As reported, the firm had announced in January…
NEW FINANCING FOR GOTTSCHALKS: Gottschalks Inc. said Tuesday it refinanced its revolving credit facility with GE Commercial Finance’s Corporate Lending unit. The new facility permits borrowings of up to $165 million, and was effective…