The shelf life of butter is about 6 to 9 months beyond the printed date depending upon a variety of factors such as the production method, its Best By Date and how it is stored. Butter is a dairy product made by churning fresh cream or milk until it reaches a solid form.
Largely due to declining sales, in 2006, Tommy Hilfiger sold his company for $1.6 billion, or $16.80 a share, to Apax Partners, a private investment company. In March 2010, Phillips-Van Heusen, owner of Calvin Klein, bought the Tommy Hilfiger Corporation for $3 billion.
When PVH Corp. (NYSE: PVH) (then known as Phillips-Van Heusen Corporation) acquired the company in May 2010, Gehring also assumed the role of CEO of PVHâs international operations, while Hilfiger remains the company's Principal Designer and provides leadership and direction for all aspects of the design process.