Arvind Lifestyle Brands ties up with Iconix Lifestyle to bring Ed Hardy
PTI: New Delhi, Feb 07 2013, 22:17 IST
Arvind Lifestyle Brands today said it has signed a long-term licencing agreement with Iconix Lifestyle India to manufacture and distribute Ed Hardy brand.
"Arvind Lifestyle Brands today announced that it has signed a long term licencing agreement with Iconix Lifestyle Inia, a JV between Iconix Brand Group, USA, and Reliance Brands for Ed Hardy," the subsidiary of Arvind said in a statement.
As per the agreement, Arvind Lifestyle Brands will hold the exclusive multi-year licence to manufacture and distribute Ed Hardy, which is projected to launch a new global product and price strategy this year, apparel and accessories throughout India.
Commenting on the development, Arvind Lifestyle Brands Managing Director and CEO J Suresh said: "We are thrilled to work with Iconix Lifestyle to bring Ed Hardy into India... Ed Hardy will also substiantially strengthen our portfolio in the youth segment."
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