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Apparel

Tainwala acquires 50% of Planet Retail

Ramesh Tainwala, President, Middle East and Asia Pacific, Samsonite and American Tourister, has acquired a 50 per cent stake in Planet Retail, which markets fashion brands like Guess, Next and Nautica. Tainwala bought his stake from NRI businessman VP Sharma, in a bid to expand his presence in the booming retail space. Tainwala, who owns a part...

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