Tommy Still Talking IPO


	Tommy Still Talking IPO

Lauren Sherman

6-23-2008 8:58 AM

332 views

Lauren Sherman says:

Looks like Apax partners still want to take Tommy Hillfiger public, but probably not until 2009.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a8881aaa-0f4e-4d4a-b757-2cdfb2f40f55/7C996EA3-DC66-4323-913D-859A42F8BB0B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.wwd.com/issue/article/today/125911?src=rss" href="http://www.wwd.com/issue/article/today/125911?src=rss" style="font-size: 11px;">www.wwd.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wwd.com/issue/article/today/125911?src=rss">Tommy's talking turnaround again — and still, an initial public 
offering.<BR><BR>Two years after Apax Partners acquired Tommy Hilfiger for $1.6 
billion, Fred Gehring, the company's chief executive officer, today will unveil 
financial results for the year ended March 31 that trumpet a 23.9 percent surge 
in earnings before interest, taxes, depreciation and amortization to 268 million 
euros, or $377 million at average exchange, on sales that grew 14.4 percent to 
1.34 billion euros, or $1.88 billion. </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7C996EA3-DC66-4323-913D-859A42F8BB0B/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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