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Tag: J. Suresh

  • Arvind signs Indian JV with PVH for Calvin Klein

    Arvind signs Indian JV with PVH for Calvin Klein

    NEW YORK and BANGALORE: PVH Corp. [NYSE: PVH], the owner of the Calvin Klein trademarks worldwide and Arvind Limited announced that Arvind Brands and Retail Limited, a subsidiary of Arvind Limited, has replaced PVH’s prior joint venture partners in Premium Garments Wholesale Trading Private Limited, the licensee of the Calvin Klein trademarks in India.  In connection with the transaction, Calvin Klein, Inc., a wholly owned subsidiary of PVH, entered into a new license with Premium Garments to distribute Calvin Klein Jeans apparel and accessories and Calvin Klein Underwear products in India.

     

    This new arrangement takes advantage of PVH’s control of the brand vision for these two Calvin Klein product categories resulting from its acquisition of The Warnaco Group, Inc. in February 2013 and Arvind’s operational expertise in the region, and is intended to maximize the market opportunities for these product categories throughout India.

     

    The joint venture will focus on the expansion and enhancement of the existing Calvin Klein Jeans apparel and accessories (including belts, bags, and small leather goods) and Calvin Klein Underwear (including sleepwear and loungewear) businesses.

     

    PVH and Arvind are also partners in a joint venture that licenses PVH’s Tommy Hilfiger brand in India.

     

    “By having Arvind – a true leader in the Indian apparel industry and established PVH business partner – join this venture, we believe we are well-positioned to execute against and expand upon the growth strategy for the Calvin Klein brand in India,” said Tom Murry, Chief Executive Officer of Calvin Klein, Inc.

     

    Mr. Sanjay Lalbhai, Chairman & Managing Director of Arvind Limited said, “Calvin Klein is one of the strongest fashion brands in the world and we are delighted to be JV partners with PVH for Calvin Klein in India. This relationship also strengthens our 20 years association with PVH, which started with the ARROW license and since has been extended to our joint venture with PVH for the Tommy Hilfiger business and the license for IZOD”.

     

     “Calvin Klein substantially strengthens our rich portfolio of brands, said J. Suresh, Managing Director and CEO, Arvind Lifestyle Brands Ltd. “By combining the strengths of the Calvin Klein brand and Arvind’s operational capabilities in the Indian market, we believe we can build Calvin Klein into India’s largest lifestyle brand over the next five years.”

  • Arvind Lifestyle Brands partners with Shoppers Stop for launch of Next

    Arvind Lifestyle Brands partners with Shoppers Stop for launch of Next

    MUMBAI: Arvind Lifestyle Brands partners with Shoppers Stop for the launch of a shop-in-shop format of British brand next, in Mumbai. Spread over 600 sq. ft., at the Shoppers Stop store in Juhu, the NEXT shop in shop will retail kids clothing for ages from 2 years to 12 years for girls and boys. The kidswear range also includes hosiery, shoes and socks, underwear, and nightwear. The shop in shop format at Shoppers Stop is the first of its kind for next in India.

    Mr. Govind Shrikhande, Customer Care Associate & Managing Director, Shoppers Stop Ltd. added, “We believe in offering our customers a world-class shopping experience and an unparalleled product assortment. Our partnership with Arvind Lifestyle Brands to bring British speciality retail brand NEXT is a great addition to our existing portfolio of kidwear brands. With next, our customers now have an added choice in aspirational kidswear brands to choose from. We are well poised for a successful journey with next.”

    On the opening, J Suresh, MD & CEO, Arvind Lifestyle Brands Ltd. said, “We are extremely pleased with our collaboration with Shoppers Stop and for the first time in India we will bringing speciality retail inside a Department store. Next provides Shopper Stop consumers best of British kids fashion wear offering . On the other hand, Next can take advantage of the ready consumer base of Shoppers Stop. We expect this collaboration setting a new trend of win win collaboration between speciality retailers and Department stores.”

    next offers quality clothing at reasonable prices for kids and women. Through a series of stories each season, next retails the best of British fashion. With a five city presence, in Forum Mall, Koramangala, Elante Mall, Chandigarh, Select Citywalk, Saket, Delhi, Ambience Mall, Gurgaon, and Koregaon Mall Plaza, Pune, the brand has gathered a loyal fan base who’re fashion savvy and looking for current styles.

    Next kidswear is now available at Shoppers Stop, Juhu.