Tommy Hilfiger Corporation has announced that it is to cut approximately 135 jobs in the USA as part of its ongoing initiatives to change the cost structure of its US wholesale business. The company previously stated that although it is experiencing growth in other businesses, particularly its retail and international wholesale segments, its US wholesale segment remained challenged, and it intended to strive for improved financial performance in this segment through product initiatives and cost reductions
Tommy Hilfiger Corporation designs, sources and markets men's and women's sportswear, jeanswear and childrenswear. The company's brands include Tommy Hilfiger and Karl Lagerfeld.