King Khan to cast spell on retail high street.
Economic Times (New Delhi, India), August, 2007
Aug. 20--BANGALORE/NEW DELHI: Film star Shahrukh Khan is entering the high-street retail play with some of the biggest global brands in tow. Senior industry sources said that he's partnering real estate major MGF in its retail arm Aryan Lifestyle, which has just picked up the exclusive franchisee rights for Nike and Tag Heuer.
Aryan Lifestyle is also in talks to pick up the distribution and store rights of Tommy Hilfiger. The move is interesting as an equal JV between the Murjanis and Arvind Mills holds the brand rights for Tommy Hilfiger in India. The brand has banked on a multiple franchisee model to develop exclusive shops till date, but is now keen on speeding up expansion through department stores as well.
Aryan Lifestyle COO Deepak Chabbra...
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