Clothing maker Tommy Hilfiger yesterday agreed to sell itself for $1.6bn to private equity firm Apax Partners.
The move is an attempt to revive its ailing fashion brand that has suffered a sharp decline in US sales.
Apax Partners buys Hilfiger for $1.6bn
By Amy Yee in New York
Published: December 24 2005 02:00 | Last updated: December 24 2005 02:00
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