Tommy Hilfiger Takes over the Oyster Bar in Grand Central for Joyous New York-Centric Fashion Show

 The Tommy Hilfiger collection is modeled during Fashion Week, Friday, Feb. 9, 2024, in New York. (AP)
The Tommy Hilfiger collection is modeled during Fashion Week, Friday, Feb. 9, 2024, in New York. (AP)
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Tommy Hilfiger Takes over the Oyster Bar in Grand Central for Joyous New York-Centric Fashion Show

 The Tommy Hilfiger collection is modeled during Fashion Week, Friday, Feb. 9, 2024, in New York. (AP)
The Tommy Hilfiger collection is modeled during Fashion Week, Friday, Feb. 9, 2024, in New York. (AP)

Tommy Hilfiger threw himself a welcome home party Friday night at Grand Central's Oyster Bar with Questlove as his DJ and Jon Batiste serenading Anna Wintour on his melodica while a bevy of global celebrities looked on.

Turning the iconic restaurant into “The Tommy” club for a night, Hilfiger called his New York Fashion Week show “A New York Moment,” rolling out roomy, '90s prep classics for the bash. The last time he hit town for fashion week was in September 2022, when his crowd braved rain for his “Tommy Factory” show at a Brooklyn drive-in theater.

This time, happy and dry underground beneath the transportation hub's vaulted ceilings, fans lined ramps for a glimpse of K-pop's Nayeon, her countryman Junho Lee, Indian actor Sonam Kapoor and various other friends of the brand: Sofia Richie Grainge and Damson Idris among them. Sylvester Stallone popped in at the end.

Hilfiger stuck to what he knows on models walking through: rugby shirts, blazers, chinos and varsity jackets in corduroy and herringbone. There were tailored women's coats in wool, checks and earth-toned tweeds, and chunky cable knits and mini-dress polos in cashmere.

Hilfiger put some of his famous guests in pieces that were shoppable as he continued to embrace a “see now, buy now” approach to fashion shows.

Who's wearing his take on so-called affordable luxury?

During a preview Thursday at his Madison Avenue offices, Hilfiger ticked off his primary markets of today: Germany, France, Italy, England, Türkiye, various parts of Scandinavia and Greece among them.

“That business is now bigger than the US business,” he told The Associated Press. “We're going to bring it back in the states now because we have really focused a lot on international growth. And this is a statement we’re making, that we’re coming home, and we’re taking it very seriously.”

And who had the most fun during his New York return? Hilfiger himself. He posed with Stallone and others for photos after his finale, when Batiste played along to his hit “Freedom” as he walked through the crowd. The designer even briefly joined Questlove in his booth.

On the runway, Hilfiger kept his logo messaging to a minimum as he attempts to “grasp,” as he called it, US consumers once again.

“We have to do it in a different way. We have to give them more elevated product, more modern fabrics and fits, and avoid redundancy,” he said. “We’ve got a very big polo shirt business, chino pant business, Oxford shirt business. But the consumer wants more than just that. Those are his or her staples. We're now going to bring some more excitement. And some more sophistication.”

Hilfiger started his eponymous brand in New York in 1985. PVH acquired it in 2010. Global retail sales of the brand’s wide range of products totaled about $9.1 billion in 2022.



Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
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Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)

Kering reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group struggles to revive its key label Gucci and worries grow about a prolonged downturn in high-end spending.

Sales at the French luxury group which owns labels Gucci, Boucheron and Balenciaga, fell to 4.5 billion euros ($4.9 billion), an 11% drop on an organic basis, which strips out currency effects and acquisitions.

The figure was below analyst expectations for a 9% drop, according to a Visible Alpha consensus.

It also said second-half operating income could fall by around 30%, following a 42% drop in the first half.

Sales at Gucci fell 19%, showing no improvement from the first quarter, and below analyst expectations for a 16% decline, according to a Visible Alpha consensus.

Kering has been revamping Gucci, the century-old Italian fashion house which accounts for half of group sales and two-thirds of profit.

Minimalist designs from new creative director Sabato de Sarno, which began trickling into stores earlier this year, are key to the design reset and push upmarket, in a bid to cater to wealthier clients who are more immune to economic headwinds.

Kering chief financial officer Armelle Poulou told reporters that the designs had been well received and the rollout was on track.

But the efforts have been complicated by a downturn in the global luxury market, while China's rebound - traditionally Gucci's most coveted market - was clouded by a property crisis and high youth unemployment as Western markets came down from a post-pandemic splurge.

Earnings from sector bellwether LVMH on Tuesday missed expectations as sales rose 1%, offering few signs that a pickup is around the corner, sending shares in luxury goods companies down on Wednesday. Kering traded at its lowest level since 2017.