UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
TOMMY HILFIGER CORPORATION
(Name of Issuer)
ORDINARY SHARES, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
G8915Z10
(CUSIP Number)
JOEL J. HOROWITZ
C/O TOMMY HILFIGER U.S.A., INC.
25 WEST 39TH STREET
NEW YORK, NEW YORK 10018
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 7, 1998
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box: [ ]
(Continued on following pages)
(Page 1 of 21 Pages)
<PAGE>
SCHEDULE 13D/A
- ----------------------------------------- ----------------------------------
CUSIP NO. G8915Z10 Page 2 of 21 Pages
- ----------------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AIHL INVESTMENT HOLDINGS LIMITED
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
BRITISH VIRGIN ISLANDS
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 9,045,930
------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
-0-
EACH
------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER
PERSON WITH 9,045,930
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,045,930
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
2
<PAGE>
SCHEDULE 13D/A
- ----------------------------------------- ----------------------------------
CUSIP NO. G8915Z10 Page 3 of 21 Pages
- ----------------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ANASTA HOLDINGS LIMITED
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
BRITISH VIRGIN ISLANDS
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 9,045,930
------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
-0-
EACH
------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER
PERSON WITH 9,045,930
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,045,930
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
3
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. G8915Z10 Page 4 of 21 Pages
- ----------------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SPORTSWEAR HOLDINGS LIMITED
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
BRITISH VIRGIN ISLANDS
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 9,045,930
------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
-0-
EACH
------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER
PERSON WITH 9,045,930
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,045,930
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
4
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. G8915Z10 Page 5 of 21 Pages
- ----------------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WESTLEIGH LIMITED
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
BRITISH VIRGIN ISLANDS
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 9,045,930
------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
-0-
EACH
------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER
PERSON WITH 9,045,930
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,045,930
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
5
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. G8915Z10 Page 6 of 21 Pages
- ----------------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FLAIR INVESTMENT HOLDINGS LIMITED
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
BRITISH VIRGIN ISLANDS
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 9,045,930
------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
-0-
EACH
------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER
PERSON WITH 9,045,930
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,045,930
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
6
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. G8915Z10 Page 7 of 21 Pages
- ----------------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THOMAS J. HILFIGER
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
UNITED STATES OF AMERICA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 10,000
------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 9,045,930
------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
10,000
EACH
------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER
PERSON WITH 9,045,930
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,055,930
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
7
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------------------------------
CUSIP NO. G8915Z10 Page 8 of 21 Pages
- ----------------------------------------- ----------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
JOEL J. HOROWITZ
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF-OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE ORGANIZATION
UNITED STATES OF AMERICA
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 10,600
------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 9,045,930
------------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
10,600
EACH
------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER
PERSON WITH 9,045,930
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,056,530
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, REPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
8
<PAGE>
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby amended and restated as follows:
This Statement (Amendment No. 2) is being filed by AIHL
Investment Holdings Limited, a British Virgin Islands corporation ("Holdings"),
Anasta Holdings Limited, a British Virgin Islands corporation ("Anasta"),
Sportswear Holdings Limited, a British Virgin Islands corporation
("Sportswear"), Westleigh Limited, a British Virgin Islands corporation
("Westleigh"), Flair Investment Holdings Limited, a British Virgin Islands
corporation ("Flair"), Thomas J. Hilfiger ("Hilfiger") and Joel J. Horowitz
("Horowitz" and, collectively with Holdings, Anasta, Sportswear, Westleigh,
Flair and Hilfiger, the "Filing Persons") to amend the Statement on Schedule 13D
filed with the Securities and Exchange Commission on May 18, 1998 by the Filing
Persons, Pepe Jeans London Corporation, a British Virgin Islands corporation
("PJLC"), Blackwatch Investments Limited, a British Virgin Islands corporation
("Blackwatch"), and AIHL Investment Group Limited, a British Virgin Islands
corporation ("AIHL" and, collectively with the Filing Persons, PJLC and
Blackwatch, the "Original Filing Persons"), as amended by Amendment No. 1
thereto filed with the Securities and Exchange Commission on August 7, 1998.
Holdings' principal business is investment holdings. The
principal business address and the address of the principal office of Holdings
is Craigmuir Chamber, P.O. Box 71, Road Town, Tortola, British Virgin Islands.
Holdings is directly owned 67.9% by Sportswear, 21.825% by Hilfiger, 7.275% by
Horowitz and 3% by Anasta.
Anasta's principal business is investment holdings. The
principal business address and the address of the principal office of Anasta is
The Tropic Isle Building, P.O. Box 438, Wickhams Cay, Tortola, British Virgin
Islands. The capital stock of Anasta is owned by a revocable trust, the settlor
of which is Silas K.F. Chou, the Chairman of the Board of Directors of the
Company.
Sportswear's principal business is investment holdings. The
principal business address and the address of the principal office of Sportswear
is Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, British Virgin Islands.
Sportswear is directly owned 50% by Westleigh and 50% by Flair.
9
<PAGE>
Westleigh's principal business is investment holdings. The
principal business address and the address of the principal office of Westleigh
is Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, British Virgin Islands.
Westleigh is ultimately controlled by its directors, Kuang-Piu Chao, Silas K.F.
Chou, Ronald K.Y. Chao, a director of the Company, and Susana Chou.
Flair's principal business is investment holdings. The
principal business address and the address of the principal office of Flair is
Woodbourne Hall, P.O. Box 3162, Road Town, Tortola, British Virgin Islands.
Flair is a wholly-owned subsidiary of Gadwal Limited, a Hong Kong corporation
("Gadwal"). The capital stock of Gadwal is owned by a trust, of which Lawrence
S. Stroll, an executive officer and director of the Company, is the beneficiary.
Gadwal's principal business is investment holdings. The principal business
address and the address of the principal office of Gadwal is 17/F, Princes
Building, 10 Chater Road, Central, Hong Kong.
Hilfiger is the Company's Honorary Chairman and Principal
Designer. Horowitz is the Company's Chief Executive Officer and President. The
Company designs, sources and markets men's and women's sportswear, jeanswear and
childrenswear under the TOMMY HILFIGER(R) and other trademarks. The business
address for Hilfiger is Tommy Hilfiger U.S.A., Inc., 485 Fifth Avenue, New York,
New York 10017. The business address for Horowitz is Tommy Hilfiger U.S.A.,
Inc., 25 West 39th Street, New York, New York 10018. Each of Hilfiger and
Horowitz is a citizen of the United States of America.
Set forth in Appendix A attached hereto and incorporated
herein by reference are the name, title, business address, principal occupation
and address of the business in which the principal occupation is conducted, and
citizenship of each executive officer and director of the Filing Persons and
other entities as to which such information is required to be disclosed in
response to Item 2 and General Instruction C to Schedule 13D.
During the last five years, none of the Filing Persons, or, to
the knowledge of the Filing Persons, any of the persons listed on Appendix A
hereto, (i) has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (ii) has been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws, or finding any violation with
respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended and restated as follows:
On May 8, 1998, PJLC acquired 9,045,930 Ordinary Shares (the
"Transaction Shares") in connection with its sale of all of the outstanding
shares of capital stock of Pepe Jeans USA, Inc. to Tommy Hilfiger U.S.A., Inc.
("TH USA"), a wholly owned subsidiary of the Company, pursuant to a Stock
Purchase Agreement, dated as of January 31, 1998, by and among the Company, TH
USA, Tommy Hilfiger (Eastern Hemisphere) Limited and PJLC (the "Stock Purchase
Agreement") for $730,760,000 in cash and the Transaction Shares. The Stock
Purchase
10
<PAGE>
Agreement is included as Exhibit (1) and is incorporated herein by reference.
Prior to the acquisition of the Transaction Shares by PJLC,
Hilfiger owned 10,000 Ordinary Shares previously acquired by him with personal
funds. Prior to the acquisition by PJLC of the Transaction Shares, Horowitz
owned 10,600 Ordinary Shares previously acquired by him with personal funds.
On July 24, 1998, (a) PJLC transferred the Transaction Shares
to Blackwatch, (b) Blackwatch transferred the Transaction Shares that it
received from PJLC to AIHL and Anasta, and (c) AIHL transferred the Transaction
Shares that it received from Blackwatch to Sportswear, Hilfiger and Horowitz.
On September 7, 1998, Sportswear, Hilfiger, Horowitz and
Anasta transferred all of the Transaction Shares held by them to Holdings.
ITEM 4. PURPOSE OF THE TRANSACTION.
Item 4 is hereby amended and restated as follows:
PJLC acquired the Transaction Shares for investment purposes
in connection with the sale of the capital stock of Pepe Jeans USA, Inc. to TH
USA pursuant to the Stock Purchase Agreement.
The Filing Persons contemplate that the Transaction Shares may
be further transferred among the Filing Persons as permitted under the
provisions of the Lock-Up Agreement described in Item 6 below.
Other than as described above, none of the Filing Persons has
any plan or proposal which relates to or would result in any of the transactions
described in clauses (a) through (j) of Item 4 of Form 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and restated as follows:
As of September 7, 1998, Holdings directly beneficially owns
9,045,930 Ordinary Shares, representing 19.3% of the outstanding Ordinary
Shares.
As of September 7, 1998, each of Anasta, Sportswear, Westleigh
and Flair may be deemed to beneficially own 9,045,930 Ordinary Shares,
representing 19.3% of the outstanding Ordinary Shares, through their respective
direct or indirect ownership of the captial stock of Holdings.
As of September 7, 1998, Hilfiger directly beneficially owns
10,000 Ordinary Shares and may be deemed to beneficially own an additional
9,045,930 Ordinary Shares through his direct ownership of the capital stock of
Holdings together representing 19.3% of the outstanding Ordinary Shares.
As of September 7, 1998, Horowitz directly beneficially owns
10,600 Ordinary Shares and may be deemed to beneficially own an additional
9,045,930 Ordinary Shares through his direct ownership of the capital stock of
Holdings together representing 19.3% of the outstanding Ordinary Shares.
The Filing Persons may be deemed to have shared voting power
and shared dispositive power over the Transaction Shares (9,045,930 Ordinary
Shares). Hilfiger has sole voting power and sole dispositive power over 10,000
Ordinary Shares. Horowitz has sole voting power and sole dispositive power over
10,600 Ordinary Shares. None of the other Filing Persons has sole voting power
or sole dispositive power over any Ordinary Shares.
11
<PAGE>
Other than as described above in Item 3, none of the Filing
Persons or, to the knowledge of the Filing Persons, any of the persons listed in
Appendix A hereto, has effected any transactions in the Ordinary Shares during
the sixty days preceding the date of this report, except that on August 18,
1998, Mr. Ronald Chao exercised Company stock incentive plan options for 2,200
Ordinary Shares and sold such Ordinary Shares in open market transactions.
Annex A hereto sets forth additional information, to the
knowledge of the Filing Persons, as to the beneficial ownership of Ordinary
Shares (other than the Transaction Shares) by the persons listed in Annex A.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Item 6 is hereby amended and restated as follows:
Lock-Up Agreement. At the time that the parties entered into
the Stock Purchase Agreement, PJLC, Blackwatch, AIHL, Anasta, Sportswear,
Westleigh, Gadwal (which subsequently assigned its rights and obligations
thereunder to Flair), Hilfiger and Horowitz entered into a Lock-Up Agreement
(the "Lock-Up Agreement") with the Company. Under the Lock-Up Agreement, the
Original Filing Persons agreed, with certain exceptions, that prior to May 8,
2000, they will not sell or transfer the Transaction Shares. This transfer
restriction does not apply to (1) sales or transfers of 3% of the Transaction
Shares (i) to another Original Filing Person or a permitted transferee thereof
or (ii) to any person or entity so long as Anasta beneficially owns such shares
following the sale or transfer, (2) sales or transfers of the remaining 97% of
the Transaction Shares so long as following such sale or transfer such
Transaction Shares are beneficially owned 22.5% by Hilfiger, 7.5% by Horowitz,
35% by Westleigh and 35% by Flair, (3) sales or transfers upon Hilfiger's or
Horowitz's death or incapacity to their respective legal or personal
representatives and (4) transfers or sales in connection with a merger,
consolidation or other business combination of the Company. The Original Filing
Persons also agreed in the Lock-Up Agreement, subject to certain exceptions,
that from May 8, 2000 until May 8, 2003 they will not sell or transfer the
Transaction Shares to any person or entity who would, to such Original Filing
Person's knowledge, beneficially own, immediately following the sale or
transfer, 5% or more of the then outstanding Ordinary Shares.
In connection with the transfers to Holdings described above
in Item 3 and in accordance with the terms of the Lock-Up Agreement with respect
to permitted transfers, Holdings agreed to be bound by the terms and provisions
of the Lock-Up Agreement.
The provisions of the Lock-Up Agreement providing for the
restriction on transfers through May 8, 2000 and the permitted exceptions
described above may be amended only with the approval of a majority of votes
cast at a meeting of shareholders of the Company (excluding the votes cast by
the Original Filing Persons and their affiliates). The Lock-Up Agreement is
included as Exhibit (2) and is incorporated herein by reference.
Registration Rights Agreement. On May 8, 1998, the Original
Filing Persons entered into a Registration Rights Agreement (the "Registration
Rights Agreement") with the Company. Under the Registration Rights Agreement,
the Original Filing Persons, along with their successors and permitted
transferees (including Holdings) under the Lock-Up Agreement (collectively, the
"Holders") will have the right to require the Company to register sales by the
Holders of the Transaction Shares after May 8, 2000. The Holders are limited to
a total of four such demand registrations. Any demand registration must include
at least 1,000,000 Transaction Shares (subject to adjustment for stock splits
and similar actions involving the Ordinary Shares).
In addition, if following May 8, 2000, the Company proposes to
file a registration statement under the Securities Act of 1933, as amended, that
would also permit registration of the Transaction Shares (with certain
exceptions), then the Company will provide the Holders an opportunity to
register their Transaction Shares in connection with such registration. The
12
<PAGE>
Registration Rights Agreement is filed as Exhibit (3) hereto and is incorporated
herein by reference.
On September 7, 1998, Anasta, Sportswear, Hilfiger and
Horowitz (the "Holdings Shareholders") entered into a Shareholders' and Voting
Agreement (the Shareholders Agreement") with Holdings. Pursuant to the
Shareholders Agreement, the Holdings Shareholders agreed, among other things,
(i) to vote the shares of capital stock of Holdings owned by them to cause to be
effected certain agreements concerning the corporate governance of Holdings and
(ii) not to cause or allow Holdings to take any action requiring shareholder
approval without the unanimous consent of all of the Holdings Shareholders.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
(1) Stock Purchase Agreement, dated as of January 31, 1998, by and among
the Company, TH USA, Tommy Hilfiger (Eastern Hemisphere) Limited and
PJLC (incorporated by reference to Annex A to the Proxy Statement of
the Company dated March 30, 1998, filed with the Securities and
Exchange Commission on March 30, 1998).
(2) Lock-Up Agreement, dated as of January 31, 1998, by and among the
Company, PJLC, Blackwatch, AIHL, Anasta, Sportswear, Westleigh, Flair
(as assignee of Gadwal), Hilfiger and Horowitz (incorporation by
reference to Exhibit 10.1 to the Company's Current Report on Form 8-K
dated April 1, 1998, filed with the Securities and Exchange Commission
on April 1, 1998).
(3) Registration Rights Agreement, dated as of May 8, 1998, by and among
the Company and the Original Filing Persons (previously filed).
(4) Joint Filing Agreement.
13
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
September 7, 1998
AIHL INVESTMENT HOLDINGS LIMITED
ANASTA HOLDINGS LIMITED
SPORTSWEAR HOLDINGS LIMITED
WESTLEIGH LIMITED
FLAIR INVESTMENT HOLDINGS LIMITED
THOMAS J. HILFIGER
JOEL J. HOROWITZ
By: AIHL INVESTMENT HOLDINGS LIMITED
By: /s/ Silas K. F. Chou*
Name: Silas K. F. Chou
Title: Chief Executive Officer and Director
* For each of the Filing
Persons pursuant to the
Joint Filing Agreement
dated September 7, 1998
14
<PAGE>
Annex A
The name, title, business address, present principal
occupation and the address of business in which the principal occupation is
conducted, and citizenship of each director and executive officer of AIHL
Investment Holdings Limited, are set forth below.
<TABLE>
<CAPTION>
PRESENT ADDRESS OF BUSINESS
PRINCIPAL IN WHICH PRINCIPAL
NAME TITLE BUSINESS ADDRESS OCCUPATION OCCUPATION CONDUCTED CITIZENSHIP
<S> <C> <C> <C> <C> <C>
Silas K.F. Chou CEO Novel Enterprises Ltd. Director and Tommy Hilfiger Corporation Portugal
and Director 12/F, Novel Industrial Bldg. Executive 6/F, Precious Industrial Centre
850-870 Lai Chi Kok Road Officer of the Cheung Sha Wan, Kowloon
Cheung Sha Wan, Kowloon Company Hong Kong
Hong Kong
Director and Novel Enterprises Ltd.
Executive 12/F, Novel Industrial Bldg.
Officer of Novel 850-870 Lai Chi Kok Road
Enterprises Cheung Sha Wan, Kowloon
Limited Hong Kong
Lawrence S. Stroll Chairman Pepe Group Limited Director and Tommy Hilfiger Corporation Canada
and Director c/o Godley & Company Executive 6/F, Precious Industrial Centre
6 Park Lane Officer of the Cheung Sha Wan, Kowloon
Wembley Company Hong Kong
Middlesex, UK HA9 7RP
Thomas J. Hilfiger Vice Chairman Tommy Hilfiger U.S.A., Inc. Director and Tommy Hilfiger Corporation United
and Director 485 Fifth Avenue Executive 6/F, Precious Industrial Centre States
New York, NY 10017 Officer of the Cheung Sha Wan, Kowloon
Company Hong Kong
Joel J. Horowitz President Tommy Hilfiger U.S.A., Inc. Director and Tommy Hilfiger Corporation United
and Director 25 West 39th Street Executive 6/F, Precious Industrial Centre States
New York, NY 10018 Officer of the Cheung Sha Wan, Kowloon
Company Hong Kong
Benjamin M.T. Ng* Executive Tommy Hilfiger U.S.A., Inc. Director and Tommy Hilfiger Corporation United
Vice 485 Fifth Avenue Executive 6/F, Precious Industrial Centre States
President New York, NY 10017 Officer of the Cheung Sha Wan, Kowloon
and Director Company Hong Kong
Lester M.Y. Ma* Treasurer Novel Enterprises Ltd. Director and Novel Enterprises Ltd. Great
12/F, Novel Industrial Bldg. Executive 12/F, Novel Industrial Bldg. Britain (HK)
850-870 Lai Chi Kok Road Officer of Novel 850-870 Lai Chi Kok Road
Cheung Sha Wan, Kowloon Enterprises Cheung Sha Wan, Kowloon
Hong Kong Limited Hong Kong
- ----------
* See Notes to Annex A
15
</TABLE>
<PAGE>
The name, title, business address, present principal
occupation and the address of business in which the principal occupation is
conducted, and citizenship of each director and executive officer of Anasta
Holdings Limited, are set forth below.
<TABLE>
<CAPTION>
PRESENT ADDRESS OF BUSINESS
PRINCIPAL IN WHICH PRINCIPAL
NAME TITLE BUSINESS ADDRESS OCCUPATION OCCUPATION CONDUCTED CITIZENSHIP
<S> <C> <C> <C> <C> <C>
Gath A.T. Hewlett Vice Hamilton Trust and Corporate Hamilton Trust and Great
President, Management Company Manager of Management Company Britain
Treasurer The Tropic Isle Building Hamilton Trust The Tropic Isle Building
and Director P.O. Box 438 and Management P.O. Box 438
Wickhams Cay, Tortola Company Wickhams Cay, Tortola
British Virgin Islands British Virgin Islands
Merthlyn Penn Director Hamilton Trust and Corporate Hamilton Trust and Great
Management Company Manager of Management Company Britain
The Tropic Isle Building Hamilton Trust The Tropic Isle Building
P.O. Box 438 and Management P.O. Box 438
Wickhams Cay, Tortola Company Wickhams Cay, Tortola
British Virgin Islands British Virgin Islands
Linda Massac President Hamilton Trust and Corporate Hamilton Trust and Great
and Director Management Company Manager of Management Company Britain
The Tropic Isle Building Hamilton Trust The Tropic Isle Building
P.O. Box 438 and Management P.O. Box 438
Wickhams Cay, Tortola Company Wickhams Cay, Tortola
British Virgin Islands British Virgin Islands
</TABLE>
16
<PAGE>
The name, title, business address, present principal
occupation and the address of business in which the principal occupation is
conducted, and citizenship of each director and executive officer of Sportswear
Holdings Limited, are set forth below.
<TABLE>
<CAPTION>
PRESENT ADDRESS OF BUSINESS
PRINCIPAL IN WHICH PRINCIPAL
NAME TITLE BUSINESS ADDRESS OCCUPATION OCCUPATION CONDUCTED CITIZENSHIP
<S> <C> <C> <C> <C> <C>
Silas K.F. Chou President, Novel Enterprises Ltd. Director and Tommy Hilfiger Corporation Portugal
Treasurer 12/F, Novel Industrial Bldg. Executive 6/F, Precious Industrial Centre
and Director 850-870 Lai Chi Kok Road Officer of the Cheung Sha Wan, Kowloon
Cheung Sha Wan, Kowloon Company Hong Kong
Hong Kong
Director and Novel Enterprises Ltd.
Executive 12/F, Novel Industrial Bldg.
Officer of Novel 850-870 Lai Chi Kok Road
Enterprises Cheung Sha Wan, Kowloon
Limited Hong Kong
Lawrence S. Stroll Vice Pepe Group Limited Director and Tommy Hilfiger Corporation Canada
President, c/o Godley & Company Executive 6/F, Precious Industrial Centre
Managing 6 Park Lane Officer of the Cheung Sha Wan, Kowloon
Director and Wembley Company Hong Kong
Director Middlesex, UK HA9 7RP
Ronald K.Y. Chao* Director Novel Enterprises Ltd. Director and Novel Enterprises Ltd. Great
12/F, Novel Industrial Bldg. Executive 12/F, Novel Industrial Bldg. Britain (HK)
850-870 Lai Chi Kok Road Officer of Novel 850-870 Lai Chi Kok Road
Cheung Sha Wan, Kowloon Enterprises Cheung Sha Wan, Kowloon
Hong Kong Limited Hong Kong
Leo Stroll Director Tommy Hilfiger Canada Director and Tommy Hilfiger Canada Inc. Canada
Inc. Executive 7077, avenue du Parc
7077, avenue du Parc Officer of Tommy Suite #502
Suite #502 Hilfiger Canada Montreal, Quebec
Montreal, Quebec Inc. Canada H3N 1X7
Canada H3N 1X7
</TABLE>
- ----------
* See Notes to Annex A
17
<PAGE>
The name, title, business address, present principal
occupation and the address of business in which the principal occupation is
conducted, and citizenship of each director of Westleigh Limited, are set forth
below.
<TABLE>
<CAPTION>
PRESENT ADDRESS OF BUSINESS
PRINCIPAL IN WHICH PRINCIPAL
NAME TITLE BUSINESS ADDRESS OCCUPATION OCCUPATION CONDUCTED CITIZENSHIP
<S> <C> <C> <C> <C> <C>
Kuang-Piu Chao Director 12/F, Novel Industrial Director and 12/F, Novel Industrial Building China
Building Executive 850-870 Lai Chi Kok Road
850-870 Lai Chi Kok Road Officer of Novel Cheung Sha Wan, Kowloon
Cheung Sha Wan, Kowloon Enterprises Hong Kong
Hong Kong Limited
Silas K.F. Chou Director Novel Enterprises Ltd. Director and Tommy Hilfiger Corporation Portugal
12/F, Novel Industrial Bldg. Executive 6/F, Precious Industrial Centre
850-870 Lai Chi Kok Road Officer of the Cheung Sha Wan, Kowloon
Cheung Sha Wan, Kowloon Company Hong Kong
Hong Kong
Director and Novel Enterprises Ltd.
Executive 12/F, Novel Industrial Bldg.
Officer of Novel 850-870 Lai Chi Kok Road
Enterprises Cheung Sha Wan, Kowloon
Limited Hong Kong
Ronald K.Y. Chao* Director Novel Enterprises Ltd. Director and Novel Enterprises Ltd. Great
12/F, Novel Industrial Bldg. Executive 12/F, Novel Industrial Building Britain (HK)
850-870 Lai Chi Kok Road Officer of Novel 850-870 Lai Chi Kok Road
Cheung Sha Wan, Kowloon Enterprises Cheung Sha Wan, Kowloon
Hong Kong Limited Hong Kong
Susana Chou Director Avenida de Vendeslau de Director and Novel Enterprises Ltd. Portugal
Morais Executive 12/F, Novel Industrial Building
No. 181-183 Edificio Officer of 850-870 Lai Chi Kok Road
Industrial Va Novel Cheung Sha Wan, Kowloon
Meng, Enterprises Hong Kong
1 Andar, Macau Limited
</TABLE>
- ----------
* See Notes to Annex A
18
<PAGE>
The name, title, business address, present principal
occupation and the address of business in which the principal occupation is
conducted, and citizenship of each director of Flair Investment Holdings
Limited, are set forth below.
<TABLE>
<CAPTION>
PRESENT ADDRESS OF BUSINESS
PRINCIPAL IN WHICH PRINCIPAL
NAME TITLE BUSINESS ADDRESS OCCUPATION OCCUPATION CONDUCTED CITIZENSHIP
<S> <C> <C> <C> <C> <C>
Lawrence S. Stroll Director Pepe Group Limited Director and Tommy Hilfiger Corporation Canada
c/o Godley & Company Executive 6/F, Precious Industrial Centre
6 Park Lane Officer of the Cheung Sha Wan, Kowloon
Wembley Company Hong Kong
Middlesex, UK HA9 7RP
Marcos Romagosa* Director IMG (Monaco) Officer of IMG IMG (Monaco) Spain
Est-Ouest (Monaco) Est-Ouest
24, Blvd. Princess Charlotte 24, Blvd. Princess Charlotte
Monte-Carlo Monte-Carlo
MC 98000 Monaco MC 98000 Monaco
John Palliser* Director IMG (Monaco) Officer of IMG IMG (Monaco) Great
Est-Ouest (Monaco) Est-Ouest Britain
24, Blvd. Princess Charlotte 24, Blvd. Princess Charlotte
Monte-Carlo Monte-Carlo
MC 98000 Monaco MC 98000 Monaco
</TABLE>
- ----------
* See Notes to Annex A
19
<PAGE>
The name, title, business address, present principal
occupation and the address of business in which the principal occupation is
conducted, and citizenship of each director of Gadwal Limited, are set forth
below.
<TABLE>
<CAPTION>
PRESENT ADDRESS OF BUSINESS
PRINCIPAL IN WHICH PRINCIPAL
NAME TITLE BUSINESS ADDRESS OCCUPATION OCCUPATION CONDUCTED CITIZENSHIP
<S> <C> <C> <C> <C> <C>
Lawrence S. Stroll Director Pepe Group Limited Director and Tommy Hilfiger Corporation Canada
c/o Godley & Company Executive 6/F, Precious Industrial Centre
6 Park Lane Officer of the Cheung Sha Wan, Kowloon
Wembley Company Hong Kong
Middlesex, UK HA9 7RP
Jonathan J. Robinson Director Robinson Sheppard Shapiro Attorney Robinson Sheppard Shapiro Canada
Stock Exchange Tower Stock Exchange Tower
800 Place Victoria 800 Place Victoria
Suite 4700 Suite 4700
Montreal, Quebec, Montreal, Quebec,
Canada H4Z 1H6 Canada H4Z 1H6
</TABLE>
20
<PAGE>
Notes to Annex A
1. Mr. Ng has the right to acquire beneficial ownership of 153,070 Ordinary
Shares pursuant to currently exercisable stock options previously granted
to him under the Company's stock incentive plans.
2. Mr. Ma has the right to acquire beneficial ownership of 7,000 Ordinary
Shares pursuant to currently exercisable stock options previously granted
to him under the Company's stock incentive plans.
3. Mr. Chao has the right to acquire beneficial ownership of 2,800 Ordinary
Shares pursuant to currently exercisable stock options previously granted
to him under the Company's stock incentive plans.
"Currently exercisable options" for the purposes of the above include
options becoming vested and exercisable within 60 days from the date
of this report.
4. As of August 31, 1998, Messrs. Romagosa and Palliser may be deemed to
beneficially own 9,200 Ordinary Shares held by various investment companies
of which they serve as directors.
21
Exhibit 4
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, the undersigned agree to the joint filing of a Statement
on Schedule 13D (including any and all amendments thereto) with respect to the
ordinary shares, par value $.01 per share, of Tommy Hilfiger Corporation, and
further agree that this Joint Filing Agreement be included as an Exhibit
thereto. In addition, each party to this Agreement expressly authorizes each
other party to this Agreement to file on its behalf any and all amendments to
such Statement.
September 7, 1998
AIHL INVESTMENT HOLDINGS LIMITED
By: /s/ Silas K.F. Chou
Name: Silas K.F. Chou
Title: Chief Executive
Officer and Director
ANASTA HOLDINGS LIMITED
By: /s/ Gath A.T. Hewlett
Name: Gath A.T. Hewlett
Title: Vice-President/Director
SPORTSWEAR HOLDINGS LIMITED
By: /s/ Silas K.F. Chou
Name: Silas K.F. Chou
Title: President, Treasurer
and Director
WESTLEIGH LIMITED
By: /s/ Silas K.F. Chou
Name: Silas K.F. Chou
Title: Director
<PAGE>
FLAIR INVESTMENT HOLDINGS LIMITED
By: /s/ Lawrence S. Stroll
Name: Lawrence S. Stroll
Title: Director
/s/ Thomas J. Hilfiger
Thomas J. Hilfiger
/s/ Joel J. Horowitz
Joel J. Horowitz
2
