Warnaco Establishes JV in India

The Warnaco Group, Inc. WRC today announced it has entered into a new joint venture with Brand Marketing India, its current distribution partner in India, to market and distribute Calvin Klein Underwear, Calvin Klein Jeans, Calvin Klein Jeans Accessories and ck Calvin Klein branded apparel and accessories in India. Warnaco will own 51 percent of the joint venture. In connection with the joint venture, certain of Warnaco's license agreements with Calvin Klein, Inc. were amended to add India to Warnaco's licensed territories for Calvin Klein Jeans and Calvin Klein Jeans Accessories, as well as for ck Calvin Klein branded apparel and accessories.