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

2015-03-30 11:42:08| Apparel - Topix.net

"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. Textiles firm Arvind Ltd said its subsidiary Arvind Lifestyle Brands Ltd will pay $3.2 million to Ralph Lauren Corporation USA to settle a lawsuit filed by it in a US court in 2013.

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