Tommy Hilfiger Group, which is wholly owned by PVH Corp., has completed a deal with the Murjani Group to acquire direct interest in the Hilfiger business in India.
The transaction includes the buyout of Murjani Group’s license for the Hilfiger trademarks in India and the acquisition of its 50 percent interest in Arvind Murjani Brands Pvt. Ltd. AMB has been the apparel sublicensee of the Hilfiger brand since 2004, when it was introduced in the Indian market. Arvind Ltd. is the other partner in AMB.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"