Tommy Hilfiger, G-III Apparel In License Deal For Women's Dress Collection

(RTTNews) - PVH Corp. (PVH) said Friday that its Tommy Hilfiger brand and G-III Apparel Group, Ltd. (GIII) have entered into a license agreement to introduce a line of women's dresses inspired by the Tommy Hilfiger brand's fresh take on classic, American, cool style.

Beginning February 2016, the collection will be available at select department stores, including Macy's, specialty stores, and e-commerce partners in the United States and Canada.

The collection, including dresses and coordinating shrugs and cardigans, will have suggested retail prices from $99 to $149.

The initial term of the agreement is five years with G-III having a right to renew for an additional five-year term subject to achieving certain sales levels.