“Tommy Hilfiger already is one of the most successful vendor resources at Macy’s and a brand that our customers expect to find in our stores,” says Terry J. Lundgren, Macy’s chairman, president, and CEO. He said the deal “will bring our customers an increasing level of compelling and distinctive fashions that are consistent with their aspirations and lifestyles.”
Tommy Hilfiger Group will continue to operate its own freestanding stores and sell its products on tommy.com.
Fred Gehring, CEO of Tommy Hilfiger Group, said the deal would enable the company to focus on one nationwide account. At the same time, he said the Group would
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