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Primarily due to declining sales, in 2006, Tommy Hilfiger sold his company for $1.6 billion, or $16.80 a share, to Apax Partners, a private investment company. On December 12, 2008 Hilfiger got married to his second wife, Dee Ocleppo. On February 25, 2009, the New York Post reported that Ocleppo is three months pregnant, which also meant Hilfiger will welcome a fifth child. The couple welcomed a baby boy on Tuesday, August 4, 2009, Sebastian Thomas Hilfiger, weighing in at 9 lbs., 8 oz.


Tommy Hilfiger is still hard at work with designs when he is not spending time with his family. Since 1998, his products can be found in leading department and specialty stores throughout the United States, Canada, Mexico, Japan, Central America, South American, Europe, and the Far East. To further their goal of global expansion, the company looked for industry leaders in markets that shared Tommy Hilfiger, Inc.‘s vision for worldwide growth when arranging licensing agreements. Tommy Hilfiger’s personal role in that vision was to make sure the company’s designs remained fresh and continued to appeal to their respective markets. This past September (2009), he opened up his new global flagship store on Fifth Ave. which offers a comprehensive Tommy Hilfiger lifestyle, from his runway collection to footwear.





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West, Latoya. "Reality Star Bio -- Tommy Hilfiger of The Cut." About.com
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