By  on September 9, 2011

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.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus