AMSTERDAM (March, 2006) - Tommy Hilfiger Europe B.V., a subsidiary of Tommy Hilfiger Corporation (NYSE: TOM), today announced the opening of its new showroom at the prestigious Place Victor Hugo in Paris. The new 900 m2 showroom marks the Company’s first step in increasing its presence in France since the launch of the brand in Europe in 1997. The highly anticipated introduction of the Company’s first retail location in Paris will follow later this year.
"We are very proud to present our new home for Tommy Hilfiger in Paris. We believe a central Paris headquarters for our wholesale and retail operations in France will truly anchor the Company’s position in the most critical of fashion markets,” said Fred Gehring, Chief Executive Officer of Tommy Hilfiger Europe. “With the start of our first direct selling season in the showroom in January, followed by the opening of our first Paris retail store in September, this is the first step in developing France into a significant European market for the Company."
The complex is located at the Place Victor Hugo, in a landmark building measuring approximately 900 square meters in total. The expansive showroom will serve as the central wholesale operation for France, and is constructed in a mid 14 th century building featuring moveable, architectural elements to accommodate the following Tommy Hilfiger product divisions: Men’s Sportswear, Women’s Sportswear, Tailored, Hilfiger Denim, Sport, Childrenswear, Underwear & Socks and several licensed businesses.
The future Paris retail store, measuring approximately 500 square meters, is scheduled to open in September 2006, and will carry Men’s and Women’s Sportswear, Hilfiger Denim, Tailored and selected accessories. The Paris store design will be unique to the Tommy Hilfiger global retail portfolio, representing a marriage of local architectural elements with modern, American influences. The product presentation, inspired by French merchandising traditions, will incorporate a mix of antique and modern materials.
Tommy Hilfiger Corporation, through its subsidiaries, designs, sources and markets men's and women's sportswear, jeanswear and childrenswear. The Company's brands include Tommy Hilfiger and Karl Lagerfeld. Through a range of strategic licensing agreements, the Company also offers a broad array of related apparel, accessories, footwear, fragrance, and home furnishings. The Company's products can be found in leading department and specialty stores throughout the United States, Canada, Europe, Mexico, Central and South America, Japan, Hong Kong, Australia and other countries in the Far East, as well as the Company's own network of outlet and specialty stores in the United States, Canada and Europe.
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