Which company acquired Tommy Hilfiger in 2010?

PVH Corp acquired Tommy Hilfiger in 2010.

At the time of the transaction, PVH was formally called Phillips-Van Heusen Corporation. The company announced the acquisition in March 2010 and completed it on May 6, 2010, buying Tommy Hilfiger B.V. and affiliated businesses from funds connected with Apax Partners.

The deal was valued at roughly $3 billion, depending on whether reported figures included assumed debt and other transaction components. It placed Tommy Hilfiger alongside Calvin Klein in PVH’s growing international apparel portfolio.

A common mix-up is naming Apax Partners as the 2010 buyer. Apax had acquired Tommy Hilfiger in 2006; PVH was the later corporate owner. PVH retained Tommy Hilfiger as a major global brand and also owns Calvin Klein.