Last week, Tommy Hilfiger and MyTheresa rolled out a capsule collection of 90s-inspired, logo-heavy reissue pieces. All of the nine pieces available have, smartly, been updated “with innovative fabrications, luxe fabrics and modern silhouettes,” including scuba material and longer-line crop tops and sweaters that look chic. sporty, and, even – yes, shockingly – European.

This is brilliant brand strategy for Hilfiger – for the short term. It comes at the perfect timing, at the peak of 90s nostalgia; and the collaboration with MyTheresa gives it a cool, youthful, and Justin O’Shea-approved feel that it wouldn’t have if it were partnered with say, Net-A-Porter, or god forbid, Hilfiger’s old stable, Macy’s. Suki and Immy Waterhouse front the campaign, which is a good, but random choice, as they are not exactly the postergirls for American sportswear – they are much more at home bloodlessly modeling Burberry and Muberry and the like. The collection’s price point is surprisingly high, with the least expensive item, a bandeau top, coming in at €130, which is certainly too high for the 16-21 year-old Instagram users and Waterhouse fans who would be desperate to get their hands on a bit of the 90s that they, albeit briefly, experienced and are now painfully wistful for.

But nostalgia pieces won’t do in the long-term for Hilfiger and it will tempting for him to ride the 90s-00s throwback train for the next two to three years without planning for his long-term brand strategy – which has in desperate need of redefinition for some time now.

The last few years at Tommy Hilfiger have been a schadenfreude nightmare, full of strained efforts to revitalize the label with a string of mismatched cool, young celebrities and try-hard, themed runway shows. Mr. Hilfiger ought to position himself as the Kate Spade of preppy American staples, and not keep trying and failing to be the zeitgeisty-cool designer he once was. Instead of targeting millennials, he should cater to an older crowd, the men and women who grew up wearing his label in the 90s and 2000s, who are looking for something sportier and more fun than JCrew and Brooks Brothers, and less tragic than Tory Burch. There’s certainly room in the marketplace for this kind of label, and lots of people hoping that Hifiger succeeds – he just needs to stop playing the short game and stop resting on the laurels of his once-popular name.

The reissue model for fashion is brilliant, though, and I’m surprised more designers haven’t seized the ‘heritage’ PR and marketing angle that is so ripe for the picking. It’s also an incredible chance for the average shopper to own a real piece of brand history – not a fast fashion take, a knockoff, or a vintage item in middling to poor condition. Fantastic reissue pieces are what fashion consumers want, but labels must be thoughtful about the pieces they choose to reissue. Few items in classic shapes, like the Mark Cross “Grace” overnight bag (a reissue of the suitcase Grace Kelly carries in Rear Window) and the Max Mara 101801 camel coat are perfect examples of reissues done right, while Topshop’s recent archival rollout achieved only middling success because of the wide range of available pieces, apparent randomness of selection (online voters were the culprit – a nice idea in terms of democracy, but not in terms of profit), and un-updated designs. Other major labels need to get in on the reissue game. I can only begin to fathom the kind of hysterics that might break out in the fashion community if Dior decided to reissue a limited release of 1950s and ‘60s cocktail dresses, or if Saint Laurent released some updated accessories from the iconic “destination” collections. People would lose their minds. Snap to it LVMH and Kering – there’s a rabid market out here for your labels’ classics.