Sunday, May 29, 2011

Universal Music Group X Tommy Hilfiger

The designer himself, Tommy Hilfiger has joined forces with Universal Music Group to start a new clothing line.

Universal already owns multiple clothing companies in the United Kingdom, but teaming up with American designer is thought to help out the company due to the lack of album sales.

Hilfiger will be assisting in designing Rock -n- Roll inspired clothing for high-end boutiques and department stores.

Universal plans on exceeding graciously in the clothing business using Hifiger's resource Li & Fung, a Hong Kong company that sources billions of dollars worth of consumer products and distributes them to retailers.

One important note about this partnership is that this is not affiliated with the Tommy Hilfiger brand which is owned by, Phillips-Van Heusen Corp, the same owner who owns Calvin Klien.This will be the Hilfiger's special project.

This is just one of many major steps Universal Music Group plans to take in 2011 which includes the possible merger with Apple.