Tommy Hilfiger Group has announced buying a 50 percent stake in Arvind Murjani Brands (AMB), which has a sub-licence for its products in the country, and also acquired the Murjani Group’s licence for Tommy Hilfiger trademarks in India. Looking to expand their portfolio as well as their presence, the reconfigured joint venture will continue its existing businesses, as well as take on the management of other sub-licensees in India.
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