double digit tommy hilfiger.tock has given you 140% gains since uh i got behind it in january 2008. it's up 22% since may 23. 222 t that's better than a sharp stick in the eye. we went to midtown manhattan because tommy is the growth driver here and abroad to talk with the bankable ceo about how his company is doing and where it is headed. check it out. manny, thanks for inviting us to one of the most exciting stores we have been to. new york times had a story about the new wrinkle. men like to shop in men's stores. it is fashion week. give me a sense of why this store works for you. >> we are sitting in the tommy hilfiger global retail store that's really the flagship store for the brand around the world. almost 25,000 square feet. we communicate with the american consumer and also we are on 5th avenue. a tremendous amount of international tourism goes through here. the store is nonstop all the time. we show the best of what tommy hilfiger stands for as a brand. >> you start with international. everyone is so us

double-digit tommy hilfiger. stock has given you about 140% gain since i first got behind it in 2008 and up 22% since the first time we spoke to manny on may 23rd. earlier today we went to the flagship tommy hilfiger store in manhattan because tommy is the real growth driver here and abroad to talk to the bankable ceo of pvh about how his company is doing and where it's headed. check it out. manny, thanks for inviting us to the most exciting store i've ever been to. tommy hilfiger. the story about the new wrinkle. men like to shop in men's stores. it's the kickoff of fashion week. give me a sense of why this store works for you. >> this store, we're sitting in the tommy hilfiger global retail store that's our flagship store for the brand around the world. it's our largest store, almost 25,000 square feet. and we really communicate with the american consumer here and also as you can imagine we're in the middle of 5th avenue and 55th street. tremendous amount of international tourism goes through here. the store is

it's nice. >> tommy hilfiger, his name is synonymous with preppy chic and a look that is all americanbout this big name designer is he's also a big cleblth collector of real ed art. he recently took me on a tour of his palatial home inside one of the most famous buildings in the world. >> can anyone cash this in? >> some call tommy hilfiger the king of fashion, but here in his home in new york -- >> wow, wow, wow. >> he lives like a prince. the prince of the plaza hotel. why the plaza? >> well, location is number one. but i also like the fact that it's an iconic building. >> one of the most famous hotels in the world overlooking central park, on new york's famed fifth avenue. a two story, 6,000 square foot apartment that took three years to complete. >> we really wanted to go back to the way the plaza was in the beginning when truman capote had the black and white ball. >> old world charm. >> the original plaza had red carpets on the stairs. >> with a modern twist. there's contemporary art everywhere. dozens and dozens of famous warhols. >> icons. >> i like american icons. >> liz tayl

i am tommy hilfiger, and my family is affected by autism.s.org/signs. >> why is this such a cause for you? >> my family has been affected by autism. i learned 1 in 88 children are being diagnosed and there is no cure. there is no real government funding. there is no reason for the cause of it. and we are -- my wife, dee, are part of the autism speaks board, but we're going to develop more research, we're going to stand strong to help families in need. there are -- i mean, it's a real crisis. it's a very severe crisis that's affecting all families, from all different backgrounds and all economic situations. >> well, i wish you all the very best for this. an important cause. great to see you, tommy. >> great to see you, piers. and if i may say so, immaculate. tommy hilfiger and we'll be right back. ♪ [ male announcer ] introducing a stunning work of technology. introducing the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. since then, there's been one wedding, 2 kids, and 43 bottles of olay total effect

. >>> next, tommy hilfiger tells me who's more fashionable, barack obama or governor romney. >>> tommyfiger began making clothes in high school and hasn't stopped designing since. he's a true american original, a master at his brand, business and of course, at style. welcome, tommy. how are you? >> great, thanks. >> i feel under pressure. i've got my best tie, my best suit, i polished my shoes. i was ready for you. >> you're looking like piers morgan. >> let me ask you off the top, do you think given the financial state of the country that having somebody with romney's business background and business brain is a good idea, or do you think that's not really necessary in a commander in chief, in a president? >> i think running the united states of america is like running an enormous corporation. you really have to, i think, have your fingers in all different pies and you really have to have a great understanding of what makes this -- the world tick, not only the u.s. we need jobs. this country is in desperate need of employment. you know, i even go back and forth day by day. i've listene

. >> coma, tommy hilfiger kaufman off fifth, bloomingdale's. >> we have about 50 positions we're looking to fill. we are excited to be here. >> bloomingdale's is looking to hire 50 employees, other outlets only have room for a few. >> we are a luxury brand, we are a little bit picky. we definitely have found some people that we think will be very qualified and good for our company. >>pam: this week in a federal regulatory filing, at&t says it will now cut in additional 2000 jobs. the company does expect some of the layoffs and and early retirement. all of this happening under the leadership of the new ceo. >>pam: the public is just hours away from the expected announcement of the new iphone 5. >> expect a longer, slower fall with a 4 in. screen. also, in many dock connector. one that would require those with accessories to purchase an adapter in the 4g lcd which will allow for much faster internet browsing. that could also drain your battery. that is why some experts are also hoping that apple surprises people something else >> one place they can make a difference is with a battery life.

>> reporter: some call tommy hilfiger the king of fashion but here at this his home in new york -- wowhotel. why the plaza? >> well, location is number one. but i also like the fact that it's an iconic building. >> reporter: one of the most famous buildings in the world, overlooking central park. on new york's famed 5th avenue. a two-story 6,000 square foot apartment that took three years to complete. >> we really wanted to go back to the way that the plaza was in the beginning when truman copote had the ball. red carpets on the stairs. >> reporter: with a modern twist. there's contemporary art everywhere. dozens and dozens of famous warhols. icons. >> yeah. i like american icons. >> reporter: liz taylor, grace kelly, marilyn monroe. part of the allure is that hilfiger new warhol, a man of few words. >> one time i asked andy why do you do what you do? he said, because i like it. that was it. >> reporter: on our tour, we got a peek inside his private office. >> actually, this is from the original new york times building. >> you are kidding me. there's this. >> this is the eloise room. i

that's something tiric owe made clear when we spoke at him at the tommy hilfiger store last thursday.to draw your attention to five fashionistas that are getting things right. best of all, i think they could all have more room to run. let's do this in true fashion show format. the first fashionista to strut down the catwalk, michael kors, one of the hottest apparel plays out there, since he came public last des and $20 a share. with the stock now at $53 and change, michael kors is almost too sexy for himself. almost. and the latest accessory is handbags. the company beat estimates off 14 cents off a 20 cent basis. that's one of the best beats we've had this year. northern same-store sales increased by 24.2%! even better, kors gave up side guidance for the rest of the year, has consistently generated blowout numbers. some of this is because the company has been rolling out retail stores but mostly because kors keeps nailing the fashion. the stock got dinged today, filing more than $2. given how strong the sales and earnings are, i am urging you to buy the stock on the deal. if you can'

. >> ,, tommy hilfiger, off fifth, bloomingdale's. >> we have about 50 positions that we are looking to fill. we think it will be a great opportunity for. >>haaziq: bloomingdale's is looking to hire 50 employees, other outlets only have room for a few. >> which are a luxury brands, we are in it is the key stumbling of definitely have an ounce of people that we think will be will very qualified. >>haaziq: city leaders say that the outlets will also be good for increasing business sales tax revenue. when the outlet is completed in november it will be just in time for the holiday season. >>pam: ahead, excitement in the air, a big event from apple tomorrow. we will preview what to expect. could a new phone from apple actually help save the economy? could a ne[ laughter ] apple [ girl ] wow. you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i couldn't just move the tv into the playroom. no, we had to watch movies in the den because that's where the tv outlet was. and if dad was

same is true of ralph lauren, tommy hilfiger, and calvin klein. >> fifth and pacific has returned 57%stors. that's a stark turn around year over year. lvmh shares also turning around sharply. tiffany and burberry have reversed course the other direction. one thing that's clear here at fashion week is that even when economic times are tough, consumers will find value and pay for what they perceive as unique, wearable fashion. now, it's up to the buyers to find it. maria. >> thank you. bill, over to you. >> talking about luxury stocks, they've been losing grounds today, but not because of what's going on on the khcatwalks. burberry issued a profit warning today. so is it a fashion faux pas, if you will? let's talk numbers on the technical side. it's richard ross. on the fundamentals side, dana. what did you make of that? it seems that not all luxury companies are immune to the downturn of the economy these days. >> i think that's exactly right. not all of them are immune. some of them doing company-specific initiatives in order to help themselves. certainly what we heard from berburberr

. >> tommy hilfiger still intimately involved in the design. >> has a good sense for what will sell andt. >> 14% same-store sales. >> j. crew has had a very sharp increase in sales. >> titan machinery is an interesting one. it is down by 16.5%, a smaller market cap, $500 million in market cap. but they missed when they cut their full-year estimates and they say that the drought's hurt margins. it was a competitive environment when it comes to selling machinery. and they saw margin pressure, especially in the larger u.s. metro areas for construction. >> i'm not quite sure how well run they are. no one ever wanted to dacast dispersions. but deere, holding up pretty well. caterpillar holding up really well. titan could be one off. at the same time, we have neglected a group of stocks that are just very, very exciting. this is the amazon versus google versus apple. and here's google up, apple up. google going just -- blowing through $700. people say, what's going on there? google popping up everywhere. we have the iphone -- apple and google, wow. >> they would be the keys -- they could be t