EXHIBIT 11



TOMMY HILFIGER CORPORATION

COMPUTATION OF NET INCOME PER ORDINARY SHARE

(in thousands, except per share amounts)



|                                                                                                   |  | Year Ended March 31, 2003 |          |   | Year Ended March 31, 2002 |   | Year Ended March 31, 2001
|-------------------------------------------------------------------------------------------------- |  | ------------------------- | -------- | - | ------------------------- | - | -------------------------
|FINANCIAL STATEMENT PRESENTATION                                                                   |  |                           |          |   |                           |   |                          
|BASIC                                                                                              |  |                           |          |   |                           |   |                          
|Weighted average shares outstanding                                                                |  |                           | 90,387   |   |                           |   | 89,430                   
|                                                                                                   |  |                           |          |   |                           |   |                          
|Net income (loss)                                                                                  |  | $                         | (513,605 | ) |                           | $ | 134,545                  
|                                                                                                   |  |                           |          |   |                           |   |                          
|Per share amount                                                                                   |  | $                         | (5.68    | ) |                           | $ | 1.50                     
|                                                                                                   |  |                           |          |   |                           |   |                          
|DILUTED                                                                                            |  |                           |          |   |                           |   |                          
|Weighted average shares outstanding                                                                |  |                           | 90,387   |   |                           |   | 89,430                   
|Net effect of dilutive stock options based on the treasury stock method using average market price |  |                           |         |   |                           |   | 570                      
|                                                                                                   |  |                           |          |   |                           |   |                          
|Total                                                                                              |  |                           | 90,387   |   |                           |   | 90,000                   
|                                                                                                   |  |                           |          |   |                           |   |                          
|Net income (loss)                                                                                  |  | $                         | (513,605 | ) |                           | $ | 134,545                  
|                                                                                                   |  |                           |          |   |                           |   |                          
|Per share amount                                                                                   |  | $                         | (5.68    | ) |                           | $ | 1.49                     
|                                                                                                   |  |                           |          |   |                           |   |