HILFIGER’S VITAL STATISTICS
NEW YORK — Since Tommy Hilfiger bought his company back from Murjani International in 1988, he’s been an unstoppable presence on the men’s wear scene, expanding from classic American sportswear to clothing, furnishings, accessories, boy’s wear and fragrances.
For fiscal 1995, Tommy Hilfiger Corp., which is traded on the New York Stock Exchange, generated a wholesale volume of $321 million.
In the latest quarter ended Dec. 31, Hilfiger’s sales jumped 47.2 percent to $130.2 million from $88.6 million. Earnings climbed 52.9 percent to $43.6 million. Analysts project Hilfiger will generate $545 million in wholesale volume in fiscal 1996.
His men’s fragrance, Tommy, has catapulted to the top of the charts, and his licensee, Estee Lauder, has moved up the timetable for a women’s fragrance and will launch it this fall to coincide with a new women’s denim and casualwear collection.
Here are some company highlights.
* Headquarters: Hong Kong.
* Chairman: Silas K.F. Chou.
* Honorary chairman and principal designer: Tommy Hilfiger.
* Employees: 750 worldwide.
* Men’s in-store shops: 840.
* Boys’ fixtured shops: 848.
* Initial public offering: September 1992 at $7.50 a share.
* Stock split: 2 for 1, January 1995.
* Number of freestanding Hilfiger stores: 43. Construction will begin on a 20,000-square-foot flagship store in September at 466 North Rodeo Drive in Beverly Hills, Calif., which will house Hilfiger men’s wear, women’s wear and home furnishings. It’s slated for an August 1997 opening.
* Licensing arrangements: Hart, Schaffner & Marx for men’s tailored clothing; Jockey International Inc. for men’s underwear; Pepe Jeans London for men’s and women’s jeanswear/casualwear; Aramis Inc., a division of EstAe Lauder, for fragrances; Cypress Apparel for robes and sleepwear; Ashear Bros. for men’s scarves, handkerchiefs and umbrellas; Oxford Industries for dress shirts and golfwear; Mountain High Hosiery for socks; Superba Inc. for neckwear; Trafalgar Inc. for men’s belts and small leather goods; Russell-Newman Inc. for robes and sleepwear; Liberty Optical for men’s eyewear, and Stride Rite Corp. for men’s footwear.
* Hilfiger pay in fiscal 1995, $4.7 million; in 1994, $3.5 million; in 1993, $2.2 million.
* Newest projects: Pepe Jeans London is introducing a women’s casualwear and denim collection for fall delivery. Estimated first year women’s wholesale volume: $100 million. Estee Lauder is revving up for the fall launch of a new Hilfiger women’s fragrance.