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European Luxury Group Calls on India to More Than Halve Duties

In Fashion Law, Legal News by FASHIONENTLAW™

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“The group that represents luxury- goods companies and other creative businesses in Europe called on India to reduce duties on their products by more than half.

A “significant” cut in duty from more than 34 percent is necessary for full foreign ownership of single-brand stores to be effective, the European Cultural and Creative Industries Alliance, or ECCI, said today in a statement. India decided yesterday to allow foreign companies to own 100 percent of their main stores in the country, up from a prior limit of 51 percent.”

Bloomberg.com has the full story.

Uduak Oduok (Ms. Uduak) is a Partner and Co-Founder of Ebitu Law Group, P.C. where she handles her firm’s fashion and entertainment law practice areas. Ms. Uduak has litigated a wide variety of cases in California courts. She has also handled a variety of entertainment deals for clients including network television and licensing deals. Her work and contributions to the creative industry has been recognized by numerous organizations including the National Bar Association, and featured in prestigious legal publications in the USA: ABA Journal and The California Lawyer Magazine. She is also the author of Fashionentlaw™ and also has over two decades combined hands on industry experience in the creative industry which includes modeling, retail, fashion production, public relations, digital media, journalism and publishing. For further inquiries or if you are seeking legal representation, please email (uduak@ebitulawgrp.com). You may also follow her on twitter at @uduaklaw

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