Following a longstanding trademark dispute, Ralph Lauren Corp., the United States Polo Association and USPA’s Indian licensee Arvind Lifestyle Brands Ltd. have finally reached a resolution. After back-and-forth filings and rulings, Arvind Ltd. has agreed to pay $3.2 million USD to Ralph Lauren Corp. to settle the decade-long battle which began in 2003 following a dispute between the parties regarding apparel licensing. The dispute is based on a breach of agreement regarding printed disclaimers that USPA isn’t affiliated to Ralph Lauren on USPA items sold in India. Arvind Ltd. informed the Bombay Stock Exchange that the settlement followed “good faith discussions” between the parties, however, the settlement involved no admission of wrongdoing.
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