Wal-Mart Eyes Tommy Hilfiger Acquisition

Although the embattled apparel marketer is operating in the red, to Wal-Mart it represents a chance to draw more upscale shoppers and better compete against Target Stores, which features fashion lines by well-known designers such as Mossimo Giannulli and Isaac Mizrahi.

https://adage.com/news.cms?newsId=46182

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