Mukesh Ambani-led Reliance Industries group's Reliance Brands has entered an exclusive long-term agreement with luxury house Luis Vuitton Moet Hennessy (LVMH), to bring Thomas Pink clothes and accessories for men and women to India.
Thomas Pink, a British luxury shirt brand, was acquired by the LVMH Group in 1999 and has 90 stores around the world, including London, New York and Paris.
"Thomas Pink shirts will be priced between Rs 6,000-7,000 for the Indian market," said Darshan Mehta, CEO and president, Reliance Brands. "The first store will open by the year- end in Mumbai with more stores to follow in the top five metros."
Thomas Pink will offer luxurious silk ties, tailoring, knitwear and accessories in India. With this tie-up, Thomas Pink products will be made available in major cities across India through exclusive mono-brand stores.
"Planting the Pink flag in India and bringing our unique tradition of fine shirt crafting and tailoring to the increasingly cosmopolitan Indian consumer has been a long standing personal dream," said Jonathan Heilbron, president & CEO, Thomas Pink Limited.