23
Fashion Jobs
BEST SELLER
Payroll Coordinator Slovenia
Permanent · LJUBLJANA
JACK & JONES
Sales Representative Jack & Jones Slovenia
Permanent · LJUBLJANA
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · KOPER
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · LJUBLJANA
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · CELJE
BEST SELLER
Business Developer
Permanent · LJUBLJANA
BEST SELLER
Finance Business Partner
Permanent · LJUBLJANA
NAME IT
Sales Representative Name IT Slovenia
Permanent · LJUBLJANA
SELECTED FEMME/HOMME
Sales Representative Selected Slovenia
Permanent · LJUBLJANA
VERO MODA
Sales Representative Vero Moda Slovenia
Permanent · LJUBLJANA
C&A
Prodajni Svetovalec 808 Koper, 40h
Permanent · KOPER
H&M
Prodajalec (m/ž) - Sales Advisor 40h
Permanent · MURSKA SOBOTA
SPORTS DIRECT
Prodajalec - Sports Direct, Btc
Permanent · LJUBLJANA
H&M
Prodajalec (m/ž) - Sales Advisor
Permanent · LJUBLJANA
JACK & JONES
Sale Assistant (Fulltime) Jack & Jones Celje City Center/Slowenien
Permanent · CELJE
JACK & JONES
Shop Manager (Fulltime) Jack & Jones Celje City Center/ Slowenien
Permanent · CELJE
JACK & JONES
Sale Assistant (Fulltime) Jack & Jones Planet Koper/Slowenien
Permanent · KOPER
JACK & JONES
Store Manager (Fullime) Jack & Jones Planet Koper / Slowenien
Permanent · KOPER
C&A
Prodajni Svetovalec 808 Koper, 40h
Permanent · KOPER
BEST SELLER
People & Culture Business Partner
Permanent · LJUBLJANA
BEST SELLER
Marketing & Communications Specialist
Permanent · LJUBLJANA
BEST SELLER
Accounts Receivable
Permanent · LJUBLJANA
By
Reuters
Published
Mar 15, 2010
Download
Download the article
Print
Text size

Phillips-Van Heusen to buy Hilfiger for $3 billion

By
Reuters
Published
Mar 15, 2010

NEW YORK (Reuters) - Apparel company Phillips-Van Heusen Corp (PVH.N) said it will buy fashion brand Tommy Hilfiger in a cash and stock deal for about $3 billion in a bid to boost its presence in markets like Europe and Asia.

Tommy Hilfiger is currently owned by private equity firm Apax Partners APAX.UL.

phillips van heusen


Phillips-Van Heusen, also owner of the Calvin Klein label, expects the deal to boost earnings by 20 cents to 25 cents a share, excluding items, in the current fiscal year. It also sees a profit boost of 75 cents a share to $1.00 a share in the next fiscal year ending January 29, 2012.

"Tommy Hilfiger fits all of our acquisition criteria: a strong brand, superior management, highly profitable, immediately accretive to earnings, and focused on international growth," Phillips-Van Heusen CEO Emanuel Chirico said.

Phillips-Van Heusen sees annual cost savings of $40 million from the deal and expects to close it in the second quarter.

After the deal, Tommy Hilfiger will remain in his role as principal designer and visionary for the namesake brand and Fred Gehring will continue as CEO of Tommy Hilfiger. Gehring will also take on the role as CEO of PVH's international operations, and join the PVH board.

(Reporting by Dhanya Skariachan; Editing by Derek Caney, Dave Zimmerman)

© Thomson Reuters 2024 All rights reserved.