NEW YORK: The Brunswick Group has been working with clothing design company Tommy Hilfiger Group both in the US and Europe for several months, according to sources.
This week, news about Tommy Hilfiger's plans for a forthcoming IPO in Amsterdam became public. It's been reported that the IPO could be worth $3 billion. Calls to Tommy Hilfiger about communications for the IPO were referred to Brunswick. No further information was provided.
Tommy Hilfiger went public in 1992, but was purchased by UK-based Apax Partners in December 2005 for $1.6 billion. The label's signature red, white, and blue designs had been popular in the US, with annual sales reaching $2 billion in 2000. The label has since declined in status here, but retains its image as a higher-end sportswear label overseas.