Hilfiger May Have Crossed Accounting Line - Experts
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Clothing maker Tommy Hilfiger Corp. may have overstepped its bounds in accounting for commissions it pays to overseas affiliates, tax and industry experts said.
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There may be too much doubt surrounding the big IPO.
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Business & money: Â· Scant detail 'designed to antagonise', says analystÂ· Debt suspected to have soared to Â£300m
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There's no question that our tax code causes a lot of confusion. But don't let confusion or misinformation from others lead to an audit or cause you to miss out on a deduction.
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SEOUL: Hynix Semiconductor may be fined for shoddy accounting between 1999-2003, South Korea&#39;s financial regulator said. News of Hynix&#39;s accounting violations comes after the CEO of Kookmin Bank, South Korea&#39;s
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The company may be hinting at going public.
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There is a lot of unreasonable second-guessing and finger-pointing that goes on in the business world. It just comes with the territory any time mistakes cost money.
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LaBranche &amp; Co., the biggest market maker on the New York Stock Exchange, said Thursday it found possibly significant problems in its compliance with the Sarbanes-Oxley Act of 2002 governing financial reporting.
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Tommy Hilfiger Corp. TOM.N said on  Wednesday its quarterly pretax income tumbled 59 percent, hit  by weak demand for its preppy fashions.
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Missed comps may be short-term noise for the soaring retailer.
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By putting finances before fashion, the Gap has lost its best customers. Can this company be saved?
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Standard &amp; Poor&#39;s Equity Research said the purchase of Rent.com by eBay (nasdaq: EBAY - news - people ) could be a bit of a miscalculation.
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US fashion company Tommy Hilfiger Corporation and German designer Karl Lagerfeld, in a surprise move, have teamed up to âbuild Mr Lagerfeld&#39;s brands on a worldwide basisâ.
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Tommy Hilfiger (TOM:NYSE - news - research) reported a drop in pretax earnings, lowered its guidance and delayed filing its second-quarter earnings statement amid an investigation by federal prosecutors into tax-related matters.
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Many U.S. clothing retailers think the skirt may be the next dress.
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Putting off reviewing your financial statements can be a costly mistake.
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Facing continued top-line weakness, the company may have to cut costs.