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OMB APPROVAL
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OMB Number
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Flair Investment Holdings
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(Last) (First) (Middle)
Woodbourne Hall, P.O. Box 3162
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(Street)
Road Town Tortola, British Virgin Islands
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
May 8, 1998
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3. IRS Identification Number of Reporting Person (if an Entity)
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Tommy Hilfiger Corporation (Symbol TOM)
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[ X ] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
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Ordinary Shares, par 3,070,940 I Flair Investment Holdings Limited, a
value $.01 per share British Virgin Islands corporation, owns
("Ordinary Shares") 49.9975% of the capital stock of
Sportswear Holdings Limited, a British
Virgin Islands corporation. Sportswear
Holdings Limited owns 70% of the capital
stock of AIHL Investment Group Limited, a
British Virgin Islands corporation. AIHL
Investment Group Limited owns 97% of the
capital stock of Blackwatch Investments
Limited, a British Virgin Islands
corporation. Blackwatch Investments
Limited owns 100% of the capital stock of
Pepe Jeans London Corporation, a British
Virgin Islands corporation. Pepe Jeans
London Corporation is the record owner of
9,045,930 Ordinary Shares.
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Securities Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
FLAIR INVESTMENT HOLDINGS LIMITED
By: /s/ Lawrence S. Stroll 5/14/98
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Name: Lawrence S. Stroll Date
Title: Director
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