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Myntra.com is in advanced negotiations with premium US lifestyle products company Ralph Lauren for an online exclusive deal in India.
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New York-based fashion house Ralph Lauren is looking to sign two different dealers for its products in India – one each for the online platform and brick-and-mortar stores.
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Ralph Lauren which is going through a rough patch in the US, is likely to open at the Emporio in Chanakyapuri, New Delhi.
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Myntra sells a host of global brands such as Nike, Puma, Levis, Wrangler, Arrow, Diesel, CAT, Harley-Davidson, Ferrari, Timberland, and US Polo on its platform.
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Earlier this year, Myntra announced it is acquiring the India brick-and-mortar chain of Spain’s Mango that was run by two India franchisees.
Source: http://bit.ly/2pzJZDl
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