VIP Clothing has informed that, Company will not be continue, the Eminence licence agreement entered with Eminence group for manufacturing and marketing of undergarment under Brand name called ‘Eminence’, which is due for expiry on 31st December, 2018. The contribution towards sales from Eminence brand was not significant and hence company won’t be renewing said agreement further from 1st January, 2019.
The above information is a part of company’s filings submitted to BSE.
