Tommy Hilfiger, the US fashion house set to begin the roadshow for a $2bn (â¬1.5bn) initial public offering of its European business on Friday, could be forced to delay or cut its float, as the global market climate darkens and investors batten down the hatches.
A banker at one of the bookrunners on the deal said: "Analysts are currently speaking with investors but have yet to come to a decision in terms of pricing and whether it will go ahead."
