HILFIGER DENIM PAVES ROAD TO RETAIL.

The article announces the opening of Hilfiger Denim's first U.S. store in SoHo, New York City on December 7, 2007, which reflects the firm's commitment to retail growth. Gary Sheinbaum, president of Tommy Hilfiger retaill, said there are plans for further expansion. The company was sold to Apax Partners in 2006 and is being repositioned, including an exclusive deal with Macy's, as well as an effort to raise the quality and design of its ready-to-wear. In the SoHo store, prices range from $60 for a men's tie to $1,200 for a leather jacket.