Through its subsidiary
Himatsingka Seide announced that Himatsingka America Inc., the wholly owned step down subsidiary of Himatsingka Seide, has acquired the home portfolio of Global Brands Group Holding . The acquired home portfolio includes the exclusive license rights to the famous and iconic Tommy Hilfiger brand, the Copper Fit brand and other brands. This brand portfolio is estimated to contribute Annual Revenues of approximately USD 60 - 65 million to the Group.Powered by Capital Market - Live News
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