Question

Ed Hardy, Mossimo, London Fog, Ecko and Candie, brands operating in fashion apparel, home décor and electronics through Iconix JV will be owned and managed by .......... in India.

• A. Aditya Birla Group
• B. RIL
• C. ADAG
• D. Iconix India
• E. None

Hint:

Iconix India is the key player for managing international fashion and lifestyle brands in India through joint ventures.

Answer 1

The Correct Option is D

Step 1: Understanding the brands and ownership.
Iconix JV is a joint venture responsible for managing brands like Ed Hardy, Mossimo, and others in India. Iconix India manages and operates these brands through partnerships with local distributors.
Step 2: Analyzing the options.
(A) Aditya Birla Group: Incorrect, while Aditya Birla Group is a large conglomerate, it is not managing Iconix brands in India.
(B) RIL: Incorrect, Reliance Industries Limited (RIL) does not manage these brands.
(C) ADAG: Incorrect, the Anil Dhirubhai Ambani Group (ADAG) is not involved in managing these brands in India.
(D) Iconix India: Correct, Iconix India manages the brands listed in the question in India.
(E) None: Incorrect, as the correct answer is provided above.
Step 3: Conclusion.
The correct answer is (D) Iconix India, as it manages the listed brands in India.