UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
(Amendment No. 1)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1996
COMMISSION FILE NUMBER 1-11226
TOMMY HILFIGER CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
BRITISH VIRGIN ISLANDS NOT APPLICABLE
(STATE OR OTHER JURISDICTION (I.R.S. EMPLOYER IDENTIFICATION NO.)
OF INCORPORATION OR ORGANIZATION)
6/F, PRECIOUS INDUSTRIAL CENTRE, 18 CHEUNG YUE STREET,
CHEUNG SHA WAN, KOWLOON, HONG KONG
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
852-2745-7798
(REGISTRANT'S TELEPHONE NUMBER,
INCLUDING AREA CODE)
INDICATE BY CHECK MARK WHETHER THE REGISTRANT (1) HAS FILED ALL
REPORTS REQUIRED TO BE FILED BY SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934 DURING THE PRECEDING 12 MONTHS (OR FOR SUCH
SHORTER PERIOD THAT THE REGISTRANT WAS REQUIRED TO FILE SUCH
REPORTS), AND (2) HAS BEEN SUBJECT TO SUCH FILING REQUIREMENTS FOR
THE PAST 90 DAYS.
YES X NO
ORDINARY SHARES, $0.01 PAR VALUE PER SHARE, OUTSTANDING AS OF SEPTEMBER
17, 1996: 37,048,679<PAGE>
PART II
ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K
Item 6(a) of the Registrant's Quarterly Report on Form 10-Q for
the quarter ended June 30, 1996, is hereby amended by adding
Exhibit 27, "Financial Data Schedule", thereto.
(a) Exhibits
10. Material Contracts
(a) License Agreement dated June 24, 1996 between Tommy
Hilfiger Licensing, Inc. and Novel - ITC Licensing
Limited. Portions of this exhibit have been
omitted and are the subject of a request made to
the Securities and Exchange Commission for
confidential treatment.*
(b) Amended and Restated Credit Agreement dated as of
July 11, 1996 among Tommy Hilfiger U.S.A., Inc. and
Tommy Hilfiger Retail, Inc., as Borrowers, Tommy
Hilfiger Corporation, Tommy Hilfiger (Eastern
Hemisphere) Limited, Tommy Hilfiger (HK) Limited,
Tommy Hilfiger Licensing, Inc., Tommy Hilfiger
Nippon Co., Limited and Tommy Hilfiger Womenswear,
Inc., as Guarantors, Chemical Bank, as
Administrative Agent, and the Lenders named
therein.*
11. Computation of Net Income Per Ordinary Share.*
27. Financial Data Schedule.**
______________________
*Previously filed.
**Filed herewith.<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized:
Tommy Hilfiger Corporation
Date: October 18, 1996 By: /s/ Benjamin M.T. Ng
Benjamin M.T. Ng
Executive Vice President
-- Corporate Finance<PAGE>
EXHIBIT INDEX
Exhibit Page
Number Description Number
------- ------
10(a) License Agreement dated June 24, 1996 between
Tommy Hilfiger Licensing, Inc. and Novel - ITC
Licensing Limited. Portions of this exhibit
have been omitted and are the subject of a
request made to the Securities and Exchange
Commission for confidential treatment.*
10(b) Amended and Restated Credit Agreement dated as
of July 11, 1996 among Tommy Hilfiger U.S.A.,
Inc. and Tommy Hilfiger Retail, Inc., as
Borrowers, Tommy Hilfiger Corporation, Tommy
Hilfiger (Eastern Hemisphere) Limited, Tommy
Hilfiger (HK) Limited, Tommy Hilfiger
Licensing, Inc., Tommy Hilfiger Nippon Co.,
Limited and Tommy Hilfiger Womenswear, Inc., as
Guarantors, Chemical Bank, as Administrative
Agent, and the Lenders named therein.*
11. Computation of Net Income Per Ordinary Share.*
27. Financial Data Schedule.**
______________________
*Previously filed.
**Filed herewith.
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
Tommy Hilfiger Corporation
Financial Data Schedule
As of, and for the Three Months Ended,
June 30, 1996
(in thousands, except share data)
This schedule contains summary financial information extracted from
the Tommy Hilfiger Corporation Balance Sheet as of June 30, 1996 and
Statement of Operations for the three months then ended and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000888747
<NAME> TOMMY HILFIGER CORPORATION
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-END> JUN-30-1996
<CASH> 97,058
<SECURITIES> 0
<RECEIVABLES> 57,102
<ALLOWANCES> 0
<INVENTORY> 103,018
<CURRENT-ASSETS> 271,028
<PP&E> 90,415
<DEPRECIATION> 0
<TOTAL-ASSETS> 368,696
<CURRENT-LIABILITIES> 46,687
<BONDS> 1,718
0
0
<COMMON> 370
<OTHER-SE> 317,524
<TOTAL-LIABILITY-AND-EQUITY> 368,696
<SALES> 0
<TOTAL-REVENUES> 124,129
<CGS> 0
<TOTAL-COSTS> 106,398
<OTHER-EXPENSES> (1,385)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 19,116
<INCOME-TAX> 6,538
<INCOME-CONTINUING> 12,578
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 12,578
<EPS-PRIMARY> .34
<EPS-DILUTED> .34
</TABLE>
