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VIP Clothing to discontinue licence agreement with Eminence Group

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Capital Market
Last Updated : Dec 01 2018 | 2:04 PM IST
VIP Clothing announced that the company will not be continue the Eminence licence agreement entered with Eminence group for manufacturing and marketing of undergarment under Brand name called EMINENCE, which is due for expiry on 31 December, 2018. The contribution towards sales from Eminence brand was not significant and hence company won't be renewing said agreement further from 1 January, 2019.

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First Published: Dec 01 2018 | 1:37 PM IST

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