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Himatsingka Seide’s arm signs licensing agreement with Iconix Brand Group

01 Mar 2019 Evaluate

Himatsingka Seide’s wholly owned step down subsidiary -- Himatsingka America Inc. has entered into a licensing agreement with the Iconix Brand Group, Inc. for the Royal Velvet brand. The exclusive licensing rights to the Royal Velvet brand is for the territory of North America.

Himatsingka Seide is in the business of manufacturing natural silk and silk blended fabrics, silk woven yarn, etc. Its product range includes decorative fabrics for home furnishings mainly bed linen, bridal wear, fashion fabrics for men and women wear etc.

Peers
Company Name CMP
Vardhman Textiles 528.80
Welspun Living 249.65
Arvind 508.40
Raymond Lifestyle 551.50
K.P.R. Mill 1158.40
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