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JAY MARGOLIS ANNOUNCES NEW CAREER PLANS IN APPAREL INDUSTRY

 NEW YORK, July 22 /PRNewswire/ -- Jay Margolis, the former vice chairman of Liz Claiborne, announced today that he has joined the partnership of Silas Chou and Lawrence Stroll, whose affiliates are controlling shareholders of Tommy Hilfiger Corporation (NYSE: TOM), Pepe Group plc and Apparel International Holdings Limited. Margolis will be named as director of all three companies.
 In addition, Margolis will be chairman and chief executive officer of Pepe Jeans U.S.A., where he will focus his efforts to grow the already highly successful Pepe Jeans into a major factor in the premium fashion denim business.
 Margolis will also serve as president of Apparel International Holdings Limited, a group designed to coordinate the partnership's development with a long-term view of entering into the women's wear business.
 "I am delighted to be joining forces with some of the most dynamic entrepreneurs in the apparel industry today to pursue the many existing opportunities for growth and to explore additional opportunities for global expansion and development," Margolis said.
 "In particular, Pepe Jeans is well positioned to increase its presence in the marketplace and I am excited to be playing the leading role in that venture."
 -0- 7/22/93
 /CONTACT: Jay Margolis of Tommy Hilfiger Corporation, 212-302-3302/
 (TOM)


CO: Tommy Hilfiger Corporation; Pepe Group plc; Apparel International
 Holdings Limited ST: New York IN: TEX SU:


LD-MG -- NY114 -- 4871 07/22/93 18:54 EDT
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Publication:PR Newswire
Date:Jul 22, 1993
Words:232
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