Tommy Hilfiger Fashion Frontier Challenge Announces Fourth Edition Finalists Ahead of Final Event

Rhea-AI Summary

PVH Corp. has announced the five finalists for the 2022 Tommy Hilfiger Fashion Frontier Challenge, selected from 259 applicants worldwide. The initiative promotes inclusivity in fashion, focusing on marginalized entrepreneurs, including BIPOC and those with disabilities. Each finalist will present their business concept to a jury, including Tommy Hilfiger and activist Halima Aden, at the finale on February 9, 2023. The challenge offers a €200,000 award and mentorship opportunities to winners, aligning with PVH's sustainability mission to 'Waste Nothing and Welcome All.'

Positive

• Expansion of inclusivity initiatives in fashion supporting historically marginalized entrepreneurs.
• Financial support of €200,000 available for innovative business ideas.
• Mentorship opportunities provided by industry leaders, enhancing connections and growth potential.

Negative

• None.

Accelerating inclusivity in fashion, five entrepreneurs will present innovative business ideas to a jury panel of experts, including Tommy Hilfiger and activist Halima Aden, for a chance to win €200,000

AMSTERDAM--(BUSINESS WIRE)-- Tommy Hilfiger, which is owned by PVH Corp. [NYSE: PVH], is pleased to announce the five finalists of the 2022 Tommy Hilfiger Fashion Frontier Challenge, who were carefully selected out of 259 applicants from global startups to scaleups. Expanding on the brand’s sustainability vision to “Waste Nothing and Welcome All,” the program’s fourth edition aims to amplify historically marginalized entrepreneurs, including Black, Indigenous, People of Color (BIPOC), individuals living with a disability and women, who are all striving to advance their communities by building a more inclusive fashion industry.

Tommy Hilfiger Fashion Frontier Challenge (Photo: Business Wire)

Over a multi-step, year-long process, applications were thoroughly reviewed by internal and external experts based on a dedicated set of criteria, including potential social impact and market growth. Last month, the five finalists completed design sprints with experts from the Tommy Hilfiger global headquarters in Amsterdam. During this step, each finalist presented their most pressing business challenge and collaborated with experts to develop practical solutions over the course of a week. In the program's final phase, the five finalists will pitch their business concepts to a jury panel consisting of business and sustainability leaders, including Mr. Tommy Hilfiger and activist Halima Aden, at the Tommy Hilfiger Fashion Frontier Challenge finale on February 9, 2023.

“As we move into the fourth edition of the Tommy Hilfiger Fashion Frontier Challenge, we know that there is still more work to be done to achieve diverse representation and inclusion in fashion,” said Tommy Hilfiger. “When we come together in collaboration, we spark an important catalyst for change – and only together can we foster this long-lasting impact. We’re committed to using our platform to give emerging talent a voice so the industry as a whole can evolve how we think, build and create.”

The five finalists are:

• CARE+WEAR: An innovative healthwear company based in New York that bridges the gap between fashion and function by creating adaptive and accessible clothing, recovery bras, patient gowns, scrubs and more to help every person feel more human while in the hospital.
• IDA Sports: A British company designing footwear and soccer cleats specifically for female athletes to enhance their performance, comfort and safety.
• Koalaa: A British initiative engineering comfortable, affordable, soft upper limb prosthetics made like clothes for people of all ages, while offering a community of peer-to-peer support.
• Tactus: A Dutch-American tech brand developing and producing smart clothing that translates music into vibrations for the Deaf community, making music more inclusive to those with hearing difficulties.
• Moner Bondhu: A startup founded in Bangladesh that provides accessible and affordable mental health and wellbeing services through professional counselling, workshops and training to all, especially garment factory workers, women and youth.

The jurors overseeing the final event are:

• Mr. Tommy Hilfiger, Principal Designer
• Martijn Hagman, CEO, Tommy Hilfiger Global and PVH Europe
• Halima Aden, Former Model and Activist
• Esther Verburg, EVP, Sustainable Business and Innovation, Tommy Hilfiger Global and PVH Europe
• Adrian Johnson, Media Entrepreneur, Adjunct Professor of Entrepreneurship at INSEAD
• Katrin Ley, Managing Director, Fashion for Good
• Yvonne Bajela, Investment Partner and Board Member

A €200,000 award will be divided between the top two winners to support their ventures, as well as receiving a year-long mentorship opportunity with Tommy Hilfiger and INSEAD experts, and a place in an INSEAD course. An additional €15,000 will be awarded to the finalist who Tommy Hilfiger associates vote as their 'Audience Favorite.'

"Supporting and working with communities that drive positive change and innovation within the fashion industry remains one of our top priorities," said Martijn Hagman, CEO, Tommy Hilfiger Global and PVH Europe. "Driving change is part of our brand DNA. With every new edition, the Tommy Hilfiger Fashion Frontier Challenge reaffirms our commitment to amplifying the work of incredible entrepreneurs who can play a critical role in our journey towards creating a better fashion industry."

Tommy Hilfiger’s mission is to become a leading sustainable designer lifestyle company that “Wastes Nothing and Welcomes All,” through how it creates its product, manages its operations and connects with its communities and stakeholders. More information about Tommy Hilfiger’s sustainability journey, which is powered by PVH’s Forward Fashion strategy, can be found on https://global.tommy.com/en_int/about-us-corporate-sustainability.

More information about the Tommy Hilfiger Fashion Frontier Challenge is available here: https://responsibility.pvh.com/tommy/fashion-frontier-challenge/. Friends and followers of the brand are invited to join the conversation on social media using #TommyHilfiger and @TommyHilfiger.

About TOMMY HILFIGER

TOMMY HILFIGER is one of the world’s most recognized premium lifestyle brands, uplifting and inspiring consumers since 1985. The brand creates iconic style, which comes alive at the intersection of the classic and the new, co-created with people who are shaping culture around the world. TOMMY HILFIGER celebrates the essence of classic American style with a modern twist. Tommy Hilfiger offers premium quality and value to consumers worldwide under the TOMMY HILFIGER and TOMMY JEANS lifestyles, with a breadth of collections including men’s, women’s and kids’ sportswear, denim, accessories, and footwear. Tommy Hilfiger has an unwavering commitment to sustainability and inclusivity.

Global retail sales of TOMMY HILFIGER products were approximately $9.3 billion in 2021 and the brand is powered by more than 16,000 associates worldwide — present in 100 countries and more than 2,000 retail stores, including its largest global flagship store at tommy.com. PVH acquired Tommy Hilfiger in 2010 and continues to oversee a focused approach to growing the brand’s worldwide relevance, presence, and long term growth.

About PVH Corp.

PVH is one of the world’s largest and most admired fashion companies, connecting with consumers in over 40 countries. Our global iconic brands include Calvin Klein and TOMMY HILFIGER. Our 140-year history is built on the strength of our brands, our team and our commitment to drive fashion forward for good. That’s the Power of Us. That’s the Power of PVH.

Follow us on Facebook, Instagram, Twitter and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230104005107/en/

Silvia Calligher

Vice President, Brand Communications

silviacalligher@tommy.com

Source: PVH Corp.

FAQ

What is the Tommy Hilfiger Fashion Frontier Challenge 2022?

The Tommy Hilfiger Fashion Frontier Challenge 2022 is an initiative by PVH Corp. to support innovative business ideas from historically marginalized entrepreneurs in the fashion industry.

When will the finale of the Tommy Hilfiger Fashion Frontier Challenge take place?

The finale of the Tommy Hilfiger Fashion Frontier Challenge will take place on February 9, 2023.

What is the total financial award for the winners of the Tommy Hilfiger Fashion Frontier Challenge?

A total of €200,000 will be awarded to the top two winners of the Tommy Hilfiger Fashion Frontier Challenge.

Who are the jurors for the Tommy Hilfiger Fashion Frontier Challenge finale?

The jurors include Tommy Hilfiger, Martijn Hagman, Halima Aden, and several other industry leaders.

How many applicants were there for the Tommy Hilfiger Fashion Frontier Challenge?

There were 259 applicants for the Tommy Hilfiger Fashion Frontier Challenge 2022.