An Industry Shocker: Wal-Mart Said Eyeing A Tommy Hilfiger Bid
A new player has emerged in the stakes for Tommy Hilfiger Corp. in the form of the world’s biggest retailer, Wal-Mart Stores Inc., sources said. Spokeswomen for Wal-Mart and Tommy Hilfiger declined comment.
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Phillip Lim, designer of apparel company 3.1 Phillip Lim and former designer of Development, couldn’t find the right accessories to adorn his ensembles while shooting his look books, so he decided to make them.
During Financo Inc.’s Annual Merchandising Investors Conference at the Harmonie Club here two weeks ago, a room packed with private equity investors listened quietly and intently to representatives from some of the hottest retailers and vendors in the…