Williams considers sale – terminates ROKiT sponsorship!

Surround Sound: High Tech Meets the Beast Within Us

Spendor A7 loudspeaker

Audio Research LS5 preamplifier & BL2 input controller

Germany’s Scholz sees recovery fund as more than money

Cambridge Audio Edge A integrated amplifier

CH Precision M1.1 power amplifier

PS Audio UltraLink D/A processor

Wisconsinites Flood Open Bars After 'Safer At Home' Struck Down

Coronavirus : "chute vertigineuse" des remboursements en optique et dentaire

Hilfiger lay-offs

  • November 5, 2019
  • News
  • No Comments

Tommy Hilfiger laid off approximately 150 people yesterday, according to sources within the company. The cuts come a week after the clothing company announced lower-than-expected earnings for the year ended March 31. Company officials weren’t available for immediate comment.

Click Here: Tonga Rugby Shop

Tommy Hilfiger has been looking for a buyer since it settled a federal investigation earlier this year, and analysts were not surprised by the layoffs.

“They’ve got to get it lean and ready to go,” says Marshal Cohen, chief analyst at trend-tracking NPD Group Inc. “It’s also possible that they are closer to a deal than we know,” and Tommy is cleaning house before announcing a takeover.

Got Something To Say!

Your email address will not be published. Required fields are marked *