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Phillips-Van Heusen adds Tommy Hilfiger to its portfolio of designer brands

Phillips-Van Heusen Corp., which already operates multichannel and e-commerce brands such as Calvin Klein, Izod, Arrow and Kenneth Cole, is adding another famous designer label to its portfolio: The Tommy Hilfiger Group of Cos. Phillips-Van Heusen today announced it would acquire Tommy Hilfiger in a deal valued at $3.0 billion. Phillips-Van Heusen will pay $2.62 […]

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