Tommy Hilfiger Will Shut Fifth Avenue Global Flagship Store Soon

Tommy Hilfiger has announced it will be closing the doors on its global flagship store on Manhattan's Fifth Avenue. The 22,000sqft store at 681 Fifth Avenue will be yet another loss to the district, following the likes of Ralph Lauren Polo, Abercrombie & Fitch and GAP. In 2009, Hilfiger opened the fourth floor to its flagship store following growth, marking the occasion as a "pinnacle moment" for the label. Today, Tommy Hilfiger continues to see growth, with its revenue growing by 11% in 2018 Q3...