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.
