Pryor Cashman represented The Murjani Group and its subsidiaries in the sale to the Tommy Hilfiger Group, which is wholly owned by PVH Corp., of a direct interest in the Tommy Hilfiger business in India. The transaction includes the buyout of the Murjani Group’s license for the Tommy Hilfiger trademarks in India and the acquisition of its 50% interest in Arvind Murjani Brands Pvte. Ltd (AMB). AMB has been the apparel sublicensee of the Tommy Hilfiger brand since its introduction in the Indian market.
Mr. Mohan Murjani, Chairman of The Murjani Group, partnered with Tommy Hilfiger to launch the Tommy Hilfiger brand in 1985 and successfully launched the brand in India in 2004 as one of the first international designer lifestyle brands to enter the Indian market.
The Murjani Group was represented in the transaction by members of Pryor Cashman’s Corporate, Intellectual Property and Tax Groups, including Partners John J. Crowe, Brad D. Rose and Michael P. Dunworth and associate, Robert C. Lamonica.
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