October 30, 2007
Tommy Hilfiger move at Macy’s is too little, too late.
Analysis:
The Hilfiger label is so watered down right now that it is hard to discern what it means if any thing. The last time the label was considered “cool” (sic:aspirational) was the Snoop Dogg music video in the late nineties.
The yarn dye woven assortment of about 6- 7 years ago was strong and quickly knocked off by everybody. This not only hurt the look but the entire woven classification, driving the consumer back to knits and fine gauge sweaters.
Log on to the Tommy Hilfiger site and see for your self if there is any hint of innovation! The collections (Men’s, Women’s, Home, Children’s) is pretty much indistinguishable from dozens of competitors in the same sector. These collections represent the cream of the line, what will Macy’s be left with that is exclusive? (not available in Tommy stores)
As the new Martha Stewart collection initial reads have been encouraging I doubt the same will be repeated for Hilfiger. This is a great deal for Apax Partners who owns the Hilfiger name but will not do much for Macy’s. The reason that the deal for exclusivity was made is that demand in the competition for the product was not there. So in the end Macy’s has the exclusive to Hilfiger product but it is not compelling enough to drive people into the store at full price.
Hilfiger is not Ralph Lauren or Calvin Klein, never was, never will be!
Report a Concern
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