Fashion Licensing 

Polo Ralph Lauren is all set to open its first flagship store in India

Polo Ralph Lauren is all set to open its first flagship store in India in New Delhi’s luxury mall, DLF Emporio. The brand has been present in India for a while now through the multi-brand store ‘The Collective’ but this marks the brand’s first exclusive outlet in the country. The store will feature not only menswear and womenswear line by the iconic American brand but also the latest spring/summer 2019 collection showcased at New York Fashion Week. According to a media report, the highlight of the collection is the price…

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Brand Licensing 

Tetris brand expands International Licensing Agent Network

Tetris, one of the most recognized and influential video game brands of all time, which will celebrate its 35th anniversary in 2019 announced a major expansion of its global licensing agent network. Providing representation from Australia to Germany, Greece, Britain, the brand’s new international merchandise licensing agents include CPLG and Haven Global, in addition to a renewed agreement with Lisle Licensing. “Years ago, we set out to grow the Tetris brand beyond the world of video games into a major lifestyle brand by working with licensing partners to introduce fun…

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Fashion & Accessories 

Its official! Michael Kors acquires Versace for $2.12 billion

It’s official now! In the race to build America’s first-ever luxury conglomerate, Michael Kors Holdings, now renamed Capri Holdings, has acquired the world-famous Italian fashion house Versace for a value of approximately USD 2.12 billion, including debt. The primary cash deal — with only €150 million in stock is expected to close in the fourth quarter of 2019, reduce earnings in the first year, but contributing profits starting in year two. “This is a very exciting moment for Versace. It has been more than 20 years since I took over…

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