Arvind Brands takes over Calvin Klein’s India business

News Tags: Arrow brand, Arvind Brands and Retail Ltd, Calvin Klein Inc, IZod brand, Murjani Group, Tommy Hilfiger

Mumbai
Arvind Brands takes over Calvin Klein's
Summary: 
Arvind Brands and Retail Ltd has bought over Murjani Group’s stake in Calvin Klein Inc’s India business for Rs 88 crore. The unit of Arvind Ltd, has entered into a joint venture (JV) with global jeans and innerwear brand, Calvin Klein Inc., to take over its India business.

Arvind Brands and Retail Ltd has bought over Murjani Group’s stake in Calvin Klein Inc’s India business for Rs 88 crore. The unit of Arvind Ltd, has entered into a joint venture (JV) with global jeans and innerwear brand, Calvin Klein Inc., to take over its India business.

The NYSE-listed PVH group owned Calvin Klein’s business is valued at Rs 180 crore, which owns the brand and 51 per cent in the JV. Calvin Klein in India is estimated to have a turnover of Rs 140 crore.

http://www.business-standard.com/article/companies/arvind-buys-murjani-s-stake-in-calvin-klein-jv-114032400598_1.html
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Zara owner to buy London landmark  
  20 Jul , 2018 Read full story  
Cotton growers are pairing with fashion brand Jeanswest to deliver a new range of women\'s clothing made from 100 per cent Australian cotton  
  20 Jul , 2018 Read full story  
Asahi Kasei to buy U.S based Sage Automotive Interiors  
  20 Jul , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button