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By 1988 his brand had sales of $25 million. “We reached $500 million in the mid-1990s. By the end of that decade our sales were $1 billion. Our success, I think, was a mixture of luck, hard work and following through with our plan.” Hilfiger became an industry pioneer by sponsoring the tours of Britney Spears, The Rolling Stones, Sheryl Crowe, Jewel and Lenny Kravitz; the Tommy Hilfiger brand also collaborated on fragrance campaigns with Beyoncé and Enrique Iglesias, and a fashion campaign with icon David Bowie and supermodel Iman.

By 2004, the company had 5,400 employees and revenues in excess of $1.8 billion. The Council of Fashion Designers of America named Hilfiger Menswear Designer of the Year in 1995; he was again honoured by the CFDA in 2012, which presented him with the prestigious Geoffrey Beene Lifetime Achievement Award.Today, its product portfolio includes for women, for men, , men’s and women’s sportswear, and kidswear. Through select licensees, the brand also offers lifestyle products such as bodywear, footwear, eyewear, sunwear, watches, jewelry, handbags, socks, fragrances, and bedding.

In 2010, the Tommy Hilfiger business was acquired by PVH Corp.Hilfiger remains the company’s principal designer, providing leadership and direction. Today, the brand has an extensive distribution network spanning 115 countries and operates more than 1,600 retail stores throughout five continents, as well as on .com

Hilfiger’s experiences at the beginning of his career also impacted his commitment to mentoring the next generation of aspiring designers. sponsored five seasons of “Americans in Paris” – a CFDA/ Fashion Fund initiative to support emerging American designers – and as a direct result of the program Hilfiger collaborated with designers Simon Spurr, Peter Som, Albertus Swanepoel and George Esquivel.

Hilfiger's desire to give back extends beyond the industry.Back in 1995, Hilfiger launched The Tommy Hilfiger Corporate Foundation with the mission to empower America’s youth, placing a major emphasis on education and cultural programs. In 2012 all foundation activities were aligned under the global banner TommyCares, to unite the brand’s philanthropic commitments, non-profit partnerships and employee engagement. TommyCares works with PVH global partners Save the Children, the World Wildlife Fund and War Child, among others.

Hilfiger is married to Dee Ocleppo Hilfiger, and together they have seven children. In November 2016, Hilfiger published his memoir,

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