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Arvind Ltd buys 49% stake in Calvin Klein in India

Arvind Ltd has picked up the 49 per cent stake held by the Murjani Group in Calvin Klein in India. With this Arvind and PVH Corp are expected to drive Calvin Klein's business in the country.According to J Suresh, MD and CEO, Arvind Lifestyle Brands Ltd and Arvind Retail Ltd, Calvin Klein in India is valued at Rs.180 crore.

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