×
75
Fashion Jobs
SHISEIDO
Manager - Digital Marketing, Clé de Peau Beauté
Permanent · Hong Kong
SHISEIDO
Manager - Marketing, Shiseido And Drunk Elephant
Permanent · Hong Kong
SHISEIDO
Manager - Retail Experience And Operations, Nars
Permanent · Hong Kong
SHISEIDO
Manager - CRM, Nars
Permanent · Hong Kong
LEVI'S
Senior Specialist, Human Resources
Permanent · Hong Kong
PUMA
Executive, Marketing
Permanent · Hong Kong
SHISEIDO
Senior Manager, Supply Chain Management
Permanent · Hong Kong
SHISEIDO
Manager - Marketing, Shiseido Fragrance Division And dg Beauty
Permanent · Hong Kong
AESOP
Assistant Marketing Manager, Brand Partnership
Permanent · Hong Kong
AESOP
Retail Consultant | Hong Kong And Macau
Permanent · Central
SHISEIDO
Contract Accounting Officer, Finance And Accounts
Permanent · Hong Kong
SHISEIDO
Manager - Business Planning, Ipsa
Permanent · Hong Kong
FOOT LOCKER, FOOT LOCKER
Assistant Store Manager (Asia, Hong Kong) Gala
Permanent · Hong Kong
PUMA
Intern, Sales Executive (12-Month Full Time Progra…
Internship · Hong Kong
SHISEIDO
Senior Officer - Marketing, Nars And Bare Minerals
Permanent · Hong Kong
AESOP
Architectural Designer, Asia
Permanent · Hong Kong
SHISEIDO
Senior Officer - Marketing, Nars And Bare Minerals
Permanent · Hong Kong
SHISEIDO
Part Time Assistant - Sales & Operations, Shiseido And Drunk Elephant
Permanent · Hong Kong
GUSTO LUXE (FORMERLY REUTER COMMUNICATIONS)
PR Intern
Internship · 香港
SHISEIDO
Manager - Education, Shiseido Fragrance Division
Permanent · Hong Kong
PUMA
Senior Developer Fabric Apparel
Permanent · Hong Kong
PUMA
Developer Digital Development Apparel (6-Month Con…
Permanent · Hong Kong
By
Reuters
Published
Jul 1, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Arvind ends license pact with US-based Hartmarx

By
Reuters
Published
Jul 1, 2009

MUMBAI, July 1 (Reuters) - Textiles firm Arvind Ltd (ARVN.BO) said on Wednesday 1 July it terminated its business agreement with US-based Hartmarx Corp with whom it had a licensing pact for three brands.


Arvind Ltd textiles production

Arvind Brands, an unit of Arvind had entered into an agreement to design, distribute and retail three Hartmarx brands-- Hart Schaffner Marx, Pierre Cardin and Sansabelt, in India.

Chicago-based Hartmarx, which has made suits for President Barack Obama, filed for bankruptcy on Jan 23, citing a substantial drop in demand for its products and inability to secure financing.

Arvind's rival S Kumars Nationwide (SKMK.BO: Quote, Profile, Research) has acquired the U.S. clothing company for about $120 million through its U.S. unit SKNL North America, along with its operating partner Emerisque UK.

"Consequent to Hartmarx Corporation filing bankruptcy in the U.S. and the likely transfer of the company to the owners, the company has terminated the business agreements it held with Hartmarx," Arvind said in a notice to the stock exchange.

Ahead of the announcement shares of Arvind closed up 2.29 percent at 26.80 rupees in a firm Mumbai market.

(Reporting by Aniruddha Basu; Editing by Ramya Venugopal)

© Thomson Reuters 2022 All rights reserved.