Tommy Hilfiger announces NY store plans

The Tommy Hilfiger Group today announced plans to locate a global flagship store on Fifth Avenue, in New York City.

The 22,000 square foot store, spread over four floors, will become the premiere flagship store in the company’s global retail portfolio, which over the years has grown to consist of 545 stores worldwide.

Tommy Hilfiger joins an elite mix of retailers on one of the most luxurious and prestigious shopping avenues in the world by making its home in the space formerly occupied by Fortunoff since the late 1970s.

The signing of this lease marks yet another strategic move to expand the brand’s retail presence in the United States. Once opened in November 2008, this store will join the newly opened Hilfiger Denim concept store and the women’s boutique on Bleecker Street in Manhattan, the Georgetown store in Washington, DC and the soon to be opened Miami Beach, Florida store in May 2008.

The new flagship location will be the first Tommy Hilfiger store worldwide to incorporate every product category of the Tommy Hilfiger lifestyle, including the runway collection, menswear, womenswear, childrenswear, tailored, footwear, accessories, home, as well as the complete Hilfiger Denim collection.

“The New York store will be a true flagship for the brand with global exposure and impact,” said Tommy Hilfiger.

"We intend to escalate the rate of new store openings over the years to come. We believe that the balance between these select new retail locations and the nationwide presence at wholesale via our strategic alliance with Macy’s will firmly anchor the brand in America for many years of growth.”