MoneyWorks4Me

Lux Industries’ arm bags manufacturing, marketing rights of ‘One8’

13 Nov 2017 Evaluate

Lux Industries’ wholly owned subsidiary - Artimas Fashions has bagged manufacturing and marketing rights of Indian Cricket Team Captain Virat Kohli’s brand One8 by entering into a Brand License Agreement on November 11, 2017. The company has given Corporate Guarantee to ensure performance of the financial obligation of Artimas Fashions.

Lux Industries manufactures and sells knitwear in India. The company offers a range of innerwear for men, women, and children. It also exports its products to the Middle East countries.



Peers
Company Name CMP
Vardhman Textiles 500.35
Welspun Living 209.75
Arvind 481.05
Raymond Lifestyle 510.95
K.P.R. Mill 1024.80
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