Tommy Hilfiger Announces Expanded Home Collection Through Licensing Agreement with LF USA

  Tommy Hilfiger Announces Expanded Home Collection Through Licensing
  Agreement with LF USA

 The Tommy Hilfiger home collection launches in stores beginning January 2014

Business Wire

NEW YORK -- September 24, 2013

The Tommy Hilfiger Group, which is wholly owned by PVH Corp. (NYSE:PVH), is
pleased to announce an agreement with LF USA, a subsidiary of Hong
Kong-headquartered Li & Fung Limited, the multinational consumer goods
sourcing, logistics and distribution group, to license home décor, beginning
January 2014 in the U.S., Canada, South America and Mexico. Inspired by Tommy
Hilfiger’s signature classic American cool sensibility with a twist, the
Spring 2014 home line features pieces reminiscent of summer days at the beach
and will follow with a Fall 2014 collection of preppy, collegiate pieces for
home.

Tommy Hilfiger Home Collection (Photo: Business Wire)

Tommy Hilfiger Home Collection (Photo: Business Wire)

“I’ve always been inspired by iconic American homes, and my wife Dee and I
enjoy finding great art and cool vintage pieces to create an eclectic vibe,”
said Tommy Hilfiger. “I had a lot of fun combining those inspirations with my
love of design to create the new Tommy Hilfiger home line. LF USA is a strong,
global partner and I am excited to be working together on this line. Our home
collections embrace a unique take on the preppy lifestyle and all-American
tradition. Every piece reflects the classic, American, cool spirit at the
heart of the Tommy Hilfiger brand.”

Celebrating the brand’s preppy heritage, the Spring 2014 collection will
launch with bedding, bath, table top décor, and decorative accessories, and
will be followed by an expanded Fall 2014 line that will also include
furniture and rugs. Featuring the brand’s heritage red, white and blue
aesthetic, the summer collection calls to mind the laid back vibe of
California beach life, representing the Tommy Hilfiger brand’s love of
blending East Coast heritage with West Coast cool.

“LF USA is a category leader in the home décor market,” said Anne Marino,
President of Licensing for Tommy Hilfiger. “Their strong reputation in design
and sourcing makes LF USA the perfect partner as we continue to develop a
greater product range and distribution strategy for our home line. We are
looking forward to a successful relationship with their team.”

“The Tommy Hilfiger brand translates perfectly to the home market and we look
forward to the opportunity to combine our experience with the creativity and
imagination of the Tommy Hilfiger team,” said Dow Famulak, President of LF
USA. “We are leveraging Tommy Hilfiger’s global recognition and continued
momentum to create a truly iconic international home collection."

The Tommy Hilfiger home collection will be available in select Tommy Hilfiger
stores, Macy’s, select department stores and specialty stores in the U.S.,
Canada and Mexico, and on tommy.com in the U.S., Canada, Mexico and South
America beginning Spring 2014.

About The Tommy Hilfiger Group

With a premium lifestyle brand portfolio that includes Tommy Hilfiger,
Hilfiger Denim and Tommy Girl, the Tommy Hilfiger Group is one of the world’s
most recognized designer apparel groups. Its focus is designing and marketing
high-quality menswear, womenswear, children’s apparel and denim collections.
Through select licensees, the Group offers complementary lifestyle products
such as sportswear for men, women, juniors and children; footwear; athletic
apparel (golf, swim and sailing); bodywear (underwear, robes and sleepwear);
eyewear; sunwear; watches; handbags; men’s tailored clothing; men’s dress
furnishings; socks; small leather goods; fragrances; home and bedding
products; bathroom accessories; and luggage. The Hilfiger Denim product line
consists of jeanswear and footwear for men, women and children; bags;
accessories; eyewear and fragrance. Merchandise under the Tommy Hilfiger
brands is available to consumers worldwide through an extensive network of
Tommy Hilfiger retail stores, leading specialty and department stores and
other select retailers and retail channels.

About PVH Corp.

PVH Corp., one of the world’s largest apparel companies, owns and markets the
iconic Calvin Klein and Tommy Hilfiger brands worldwide. It is the world’s
largest shirt and neckwear company and markets a variety of goods under its
own brands, Van Heusen, Calvin Klein, Tommy Hilfiger, IZOD, ARROW, Bass, G.H.
Bass & Co., Warner’s and Olga, and its licensed brands, including Speedo,
Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael
Kors, Sean John, Chaps, Donald J. Trump Signature Collection, JOE Joseph
Abboud, DKNY, Ike Behar and John Varvatos.

About LF USA and Li & Fung Limited

LF USA is a subsidiary of Li & Fung Limited (SEHK:494). A Hong
Kong-headquartered multinational group, Li & Fung Limited is recognized as the
world's leader in consumer goods design, development, sourcing and
distribution. It manages the supply chain for retailers and brands worldwide
with over 300 offices and distribution centers in more than 40 economies
spanning across the Americas, Europe, Africa and Asia. Through its three
interconnected Business Networks – Trading, Logistics and Distribution – the
Group offers a spectrum of services that covers the entire supply chain
end-to-end. Corporate website: www.lifung.com

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: Forward-looking statements made in this press release, including,
without limitation, statements relating to PVH Corp.’s future plans,
strategies, objectives, expectations and intentions, are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that such forward-looking statements are
inherently subject to risks and uncertainties, many of which cannot be
predicted with accuracy, and some of which might not be anticipated,
including, without limitation, the following: (i) the Company's plans,
strategies, objectives, expectations and intentions are subject to change at
any time at the discretion of the Company; (ii) the levels of sales of the
Company's licensees at wholesale and retail, and the extent of discounts and
promotional pricing in which the Company's licensees and other business
partners are required to engage, all of which can be affected by weather
conditions, changes in the economy, fuel prices, reductions in travel, fashion
trends, consolidations, repositionings and bankruptcies in the retail
industries, and other factors; (iii) civil conflict, war or terrorist acts,
the threat of any of the foregoing, or political and labor instability in any
of the countries where the Company's licensees' or other business partners'
products are sold, produced or are planned to be sold or produced; (iv)
disease epidemics and health related concerns, which could result in closed
factories, reduced workforces, scarcity of raw materials and scrutiny or
embargoing of goods produced in infected areas, as well as reduced consumer
traffic and purchasing, as consumers limit or cease shopping in order to avoid
exposure or become ill; (v) the failure of the Company's licensees to market
successfully licensed products or to preserve the value of the Company's
brands, or their misuse of the Company's brands and (vi) other risks and
uncertainties indicated from time to time in the Company's filings with the
Securities and Exchange Commission.

The Company does not undertake any obligation to update publicly any
forward-looking statement, whether as a result of the receipt of new
information, future events or otherwise.

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Contact:

Tommy Hilfiger
Zach Eichman, +1-212-548-1938
Vice President, Corporate Communications
zacheichman@tommy.com
or
Kaley Shaffer, +1-212-548-1773
Public Relations Manager
kshaffer@tommy.com
or
LF USA
Media in HK:
Golin Harris
Katherine Wang, +852-2501-7905
katherine.wang@golinharris.com
or
Annie Leung, +852-2501-7918
annie.leung@golinharris.com
or
Media in US:
Berns Communications Group
Stacy Berns, 212-994-4660
 
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