American fashion icon Ralph Lauren has set its sights on India. Informed sources said a business development team from the NYSE-listed Polo Ralph Lauren has held exploratory talks with leading Indian business houses, including the Tatas. Sources said Polo Ralph Lauren is in the midst of drawing up its Asia plans, with a regional team being formed in Hong Kong.
The company’s initial parleys featured prominent names such as the Tata-owned retail chain Trent, Arvind Mills, Madura Garments of the AV Birla Group and the Murjanis, who brought Tommy Hilfiger into the country. However, sources said the Tatas could well be the front-runner at this juncture, as its retail operations under Trent have been looking at sealing alliances in the super premium/luxury lifestyle space. Unconfirmed reports have linked another US luxury brand, Coach, to the Tata Group company.
The company’s initial parleys featured prominent names such as the Tata-owned retail chain Trent, Arvind Mills, Madura Garments of the AV Birla Group and the Murjanis, who brought Tommy Hilfiger into the country. However, sources said the Tatas could well be the front-runner at this juncture, as its retail operations under Trent have been looking at sealing alliances in the super premium/luxury lifestyle space. Unconfirmed reports have linked another US luxury brand, Coach, to the Tata Group company.
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