• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, May 20, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Arvind Ltd to pay $3.2 mn to Ralph Lauren to settle lawsuit

by Dipti Gore
March 30, 2015
in News
Reading Time: 1 min read
0
Arvind Ltd to pay $3.2 mn to Ralph Lauren to settle lawsuit
TwitterWhatsappLinkedin

ralph-lauren

You might also like

Sesame Street Finds a New Home on Netflix with Fresh Episodes, Classic Content, and More

Sony Cracks Down on Russian PlayStation Accounts Amid Attempts to Bypass Regional Restrictions

Lufthansa Flight Flies Unattended for 10 Minutes After Copilot Collapses Mid-Flight

New Delhi, March 30: Textiles firm Arvind Ltd today said its subsidiary Arvind Lifestyle Brands Ltd will pay USD 3.2 million to Ralph Lauren Corporation USA to settle a lawsuit filed by it in a US court in 2013.

Ralph Lauren filed a case in a US District Court against ALBL and US Polo Association, USA (USPA) alleging breach of agreement due to non compliance in respect of disclaimers to be printed on USPA products sold in India.

ALBL has licence to manufacture and market USPA branded products in India.

“The parties got into good faith discussions and agreed to enter into an amicable settlement without admission of liability of any party,” Arvind Ltd said in a BSE filing.

“Under the terms of the settlement, ALBL and USPA have agreed to pay jointly settlement amount to RLC. As per the settlement Agreement, ALBL shall pay USD 3,200,000 in full settlement and satisfaction of the dispute between the parties,” it said.

Ralph Lauren had first issued a notice for arbitration to be held in India against ALBL and USPA and the company was successful in obtaining a temporary injunction against the commencement of the arbitration from the jurisdictional court in India.

However, Ralph Lauren went ahead and filed a lawsuit in the US Court.

Tags: lawsuits
Tweet54SendShare15
Previous Post

LivSpace Acquires Online Design Marketplace DezignUp

Next Post

Since Jan 2015, 6 Companies Have Filed Their Initial Papers With Sebi

Dipti Gore

Recommended For You

Sesame Street Finds a New Home on Netflix with Fresh Episodes, Classic Content, and More

by Harikrishnan A
May 19, 2025
0
Sesame Street Finds a New Home on Netflix with Fresh Episodes, Classic Content, and More

A fresh chapter is about to begin for Sesame Street, the iconic children’s program that has helped generations of kids learn their ABCs and 123s. Netflix has officially...

Read more

Sony Cracks Down on Russian PlayStation Accounts Amid Attempts to Bypass Regional Restrictions

by Harikrishnan A
May 19, 2025
0
Sony Cracks Down on Russian PlayStation Accounts Amid Attempts to Bypass Regional Restrictions

Sony has recently launched a large-scale suspension of PlayStation accounts linked to Russian users, catching thousands of gamers off-guard and sparking outrage across online communities. But this crackdown...

Read more

Lufthansa Flight Flies Unattended for 10 Minutes After Copilot Collapses Mid-Flight

by Harikrishnan A
May 19, 2025
0
Lufthansa Flight Flies Unattended for 10 Minutes After Copilot Collapses Mid-Flight

What began as a routine Lufthansa flight from Frankfurt to Seville in February 2024 quickly turned into a tense and unusual situation in the skies, as a medical...

Read more
Next Post
Since Jan 2015, 6 Companies Have Filed Their Initial Papers With Sebi

Since Jan 2015, 6 Companies Have Filed Their Initial Papers With Sebi

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?