Holy crop top! Tommy Hilfiger has bought South Beach's Raleigh Hotel, which is like, the biggest, most shocking news ever, and plans to use it as his first venture in the hospitality business. The good news is "Hilfiger plans to restore the hotel to its original chic art deco style" according to Page Six, although the place is already pretty damn original. The possibly bad news (or good news, depending on which side of the privet hedge from whence one is derived) is that he plans to turn the hotel into "an exclusive private club and hotel." Oh, and Sam Nazarian's SBE will continue to manage the place. If only Andres Balazs was still around. Le sigh.
· Tommy Hilfiger to buy landmark Raleigh Hotel [Page Six]
· Previous Raleigh Hotel coverage [Curbed Miami]