Author: JD

$3 BILLION IS A SHIT LOAD OF MONEY FOR A BRAND THAS ON THE DECLINE, I WONDER WHAT THEY HAVE IN-STORE. Manhattan, New York-based Phillips-Van Heusen, the apparel company that owns brands such as Calvin Klein, Kenneth Cole and Izod, announced Monday that it would acquire Tommy Hilfiger from private-equity firm Apax Partners in a $3 billion buyout deal. Apax acquired Hilfiger in 2006 for $1.6 billion. The Tommy Hilfiger brand – preppy, lots of color – debuted in 1985 with a clothing line for men, then expanded into shoes, accessories, fragrance and home products for men, women and kids. The Hilfiger brand really shot through the roof in the ’90s, but by the later part of the decade consumer tastes were shifting and Hilfiger was no longer the ‘it’ fashion brand.

GET A LOOK WHILE YOU CAN!!!!!! WHEN I FIRST SAW THIS I WAS SAYIN WHO’S GONNA BUY THIS AND HOW MANY CAN THEY SELL FOR THIS TO MAKE SENSE AND I WAS RIGHT Since its launch eight years ago, Maybach has largely been characterized as a failed venture. The ultra-premium counterpart to Mercedes-Benz never reached the sales figures which its rivals Bentley (part of the Volkswagen group) and Rolls-Royce (owned by BMW) have enjoyed in the superstrata of the luxury car market. That’s largely come down its lackluster product, which appears to all to be little more than a gussied-up Mercedes S-Class, available in 57 and 62-decimeter lengths. In the face of even further lagging sales, however, reports now indicate that Daimler is preparing to wind down the brand and phase it out entirely. But not before the line-up gets a mild refresh. After that, Mercedes hopes to fill the niche with more exclusive versions of the S-Class, which to our ears sounds more or less the same as wear it stands now, only with a different hood ornament.