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Tommy Hilfiger acquired by Phillips-Van Heusen
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Good Afternoon,

Welcome to HTT Extra, the daily e-newsletter for home textiles industry professionals. Brought to you by the staff of Home Textiles Today, HTT Extra provides you with a daily update of the latest news from the world of home textiles manufacturing and retailing.

In Today's Issue:
1. Tommy Hilfiger acquired by Phillips-Van Heusen
2. Target Plaza opens in Minneapolis 
 
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1. Tommy Hilfiger acquired by Phillips-Van Heusen
New York – Phillips-Van Heusen Corporation, owner of the Calvin Klein brand, will acquired Tommy Hilfiger from Apax Partners funds for approximately $3.0 billion and the assumption of $136.7 million in liabilities. The deal will push PVH’s global business to about $4.6 billion, the company said.  more  
2. Target Plaza opens in Minneapolis 
Minneapolis – Target Corp.’s Target Plaza on Target Field here in the downtown area opened this past weekend with a celebration that drew Twin City residents.  more  
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That's all for now - Check us out again tomorrow.

Yours,

The HTT Editorial Staff

To submit items for HTT Extra, email Jennifer Marks at jnegley@reedbusiness.com

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