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Tommy Hilfiger opens new store at Westfield Parramatta

By Maria SantosAustralia
1 min read
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PVH Corp-owned fashion chain, Tommy Hilfiger, has opened its 10th full price store in Australia at Westfield Parramatta yesterday.

Set over 145 square meters, the store design reflects the brand’s global retail concept, which is based on the brand’s heritage and takes cues from a ‘nautical lifestyle’ – one of Tommy Hilfiger’s longstanding sources of inspiration.

The store has launched with the brand’s Spring fashion collections across men’s, women’s sportswear and accessories.

There are over 1,800 Tommy Hilfiger stores in over 100 countries worldwide including global flagships in five locations: Fifth Avenue, New York; Brompton Road, London; Omotesando, Tokyo; Regent Street, London; and Schadowstraße, Düsseldorf.

In its second quarter results for FY17, the Tommy Hilfiger brand saw its revenue increase 4 per cent (year on year) to hit $892 million, while PVH was up 7 per cent to $2.1 billion.

Recently, Gazal Corporation– which jointly owns and manages PVH Brands Australia, a joint venture company in partnership with PVH Corp – confirmed it has acquired a 7.35 per cent shareholding in struggling luxury handbag retailer, Oroton, at $1.00 per share.

Questions & Answers

Q.

How many full-price Tommy Hilfiger stores are now open in Australia?

A.

The new Westfield Parramatta store is the tenth full-price Tommy Hilfiger location in Australia. The brand operates over 1,800 stores in more than 100 countries globally, including several major flagship locations worldwide.

Q.

What design concept has been used for the new Tommy Hilfiger store?

A.

The store design reflects Tommy Hilfiger's global retail concept, which draws inspiration from the brand's heritage and a 'nautical lifestyle'. This theme is a longstanding source of inspiration for the company.

Q.

What were Tommy Hilfiger's revenues in the second quarter of FY17?

A.

In the second quarter of FY17, the Tommy Hilfiger brand reported revenues of $892 million. This figure represents a 4 per cent increase year-on-year for the brand. PVH Corp, its parent company, saw overall revenues of $2.1 billion.

Q.

Which company is jointly managing PVH Brands Australia?

A.

Gazal Corporation is jointly managing PVH Brands Australia in partnership with PVH Corp. Gazal Corporation recently confirmed it acquired a 7.35 per cent shareholding in luxury handbag retailer Oroton for $1.00 per share.

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