PVH Group, one step from purchasing TOMMY HILFIGER

After including CALVIN KLEIN in its portfolio, American apparel giant PHV (Philips Van Heusen) Group is one step away from taking over TOMMY HILFIGER. This new acquisition would bring PHV’s turnover to USD 3 billion. The strategy of PVH seems to be closely linked with APAX Investment Fund which is supposed to make the first move.