×
100 109
Fashion Jobs
ESTÉE LAUDER
Retail Beauty Sales Manager - Clinique - 35 Hrs - Willowbrook - Wayne, nj
Permanent · Wayne
L'OREAL GROUP
Manager, Ecommerce Supply Chain - l'Oreal Professional Products Division
Permanent · New York
SALLY BEAUTY CORPORATE
sr. Learning And Development Program Manager
Permanent · Denton
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Lexington Park
TJ MAXX
Loss Prevention Detective
Permanent · Rutland
TAPESTRY
Manager, Oms Operations
Permanent · North Bergen
BANANA REPUBLIC
General Manager - Shoppes at Susquehanna Marketplace
Permanent · Harrisburg
BANANA REPUBLIC
General Manager - Elmwood
Permanent · Harahan
BANANA REPUBLIC
General Manager- East View Mall
Permanent · Victor
CENTRIC BRANDS
Coordinator, Sales Operations
Permanent · New York
MACY'S
Asset Protection Detective, Newport Centre - Part Time
Permanent · Jersey City
MACY'S
Asset Protection Detective, Topanga - Full Time
Permanent · Los Angeles
MACY'S
Manager, Asset Protection - Multi Store
Permanent · Milford
MACY'S
Asset Protection Detective, Newpark - Part Time
Permanent · Newark
MACY'S
vp, Technology Business Management
Permanent · Johns Creek
MACY'S
Asset Protection Detective, West County Center - Full Time
Permanent · St. Louis
MACY'S
Asset Protection Detective, University Square - Part Time
Permanent · University Heights
MACY'S
Asset Protection Detective, White Marsh - Full Time
Permanent · Nottingham
MACY'S
Asset Protection Detective, River Oaks Center - Part Time
Permanent · Calumet City
MACY'S
Asset Protection Detective, Park Meadows - Full Time
Permanent · Lone Tree
MACY'S
Asset Protection Detective, Victor Valley - Full Time
Permanent · Victorville
WATCH STATION
Photo Art Director - Portfolio And Wsi
Permanent · Dallas
Published
Sep 14, 2011
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Tommy Hilfiger acquires 50% stake in Indian joint venture

Published
Sep 14, 2011

Tommy Hilfiger is accelerating its expansion in the Indian market. Owned by PVH Corp, the American group recently announced that it has bought out Murjani Group's license for the Tommy Hilfiger trademarks in India. It has also purchased Murjani Group’s 50 per cent stake in Arvind Murjani Brands, which has been the apparel sub-licensee of the Tommy Hilfiger brand since its introduction in the Indian market in 2004. Tommy Hilfiger has now become a joint-venture partner with Arvind Limited, which continues to own the remaining 50 per cent stake.

Tommy Hilfiger
Tommy Hilfiger Group

"India is an important market for Tommy Hilfiger and we are fully committed to the continued growth and development of our business here. The transaction allows us to integrate India into our global platform for design and sourcing, ensuring consistency of the brand, while providing dedicated regional expertise where needed," said Fred Gehring, CEO of the Tommy Hilfiger Group. “We are pleased to be continuing our partnership with Arvind. We believe that continuing the relationship will allow us to benefit from their expertise in the Indian apparel and manufacturing business, both with Tommy Hilfiger brand as well as our sibling brands, IZOD and Arrow," he added.

According to the Indian press, the deal is believed to be between 50 to 60 million dollars. Tommy Hilfiger’s performance in the Indian market has been growing at 50% every year for many years. Tommy Hilfiger products are distributed in India through a network of more than 80 standalone stores and shop-in-shops across 30 cities.

Copyright © 2021 FashionNetwork.com All rights reserved.