American brand Tommy Hilfiger may be up for sale today, as the private equity firm which owns it, Apax Partners, has reportedly begun gauging interest in the company. The leading candidate to acquire the label is the Phillips-Van Heusen Corporation, which also owns Calvin Klein.
The buy-out would give Phillips-Van Heusen control of Hilfiger's international network of retail stores and would give it a strong base across the numerous categories in which Hilfiger trades; including menswear, womenswear, childrenswear and fragrance. PVH already makes Hilfiger's shirts and neckwear under license, WWD reports.
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