WEST PALM BEACH, Fla./GUJARAT, India (November 22, 2022) – USPA Global Licensing Inc. (USPAGL) and Arvind Lifestyle Brands today announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA) has been awarded the “Best Men’s Casualwear Brand” for the third consecutive year and “Best Casual Footwear Brand” for the second time, at the Myntra Tech Thread Awards 2022. The multi-billion-dollar, sport-inspired global brand won the hotly contested awards over other leading, global brands.
Myntra is the most recognized e-commerce fashion aggregator in India, selling a wide range of products from categories like apparel, beauty, footwear, bags and more. Myntra Tech Thread Awards recognizes the dynamic shift in the current business world and the necessity of companies having to re-think experiences, build stronger partnerships and adapt to disruptions in the market.
“We would like to thank Myntra, its team, and all of our loyal customers on the Myntra platform for the honor given to U.S. Polo Assn.,” said Amitabh Suri, CEO, U.S. Polo Assn. India. “Myntra and U.S. Polo Assn. go back a long way. What began as a business engagement many years back has today transcended into a champion partnership, due to a shared passion for the business, innovation and customer-obsessed culture.”
Today, U.S. Polo Assn. has reached $1.8 billion in global retail sales, achieved double-digit growth, and expanded its footprint to include 190 countries and more than 1,200 U.S. Polo Assn. retail stores worldwide, more than 400 of them being in India.
Added J. Michael Prince, President and CEO of USPA Global Licensing, the exclusive worldwide licensor of the U.S. Polo Assn. brand, “Arvind Fashions Limited is a first-class partner who has embraced the many challenges and opportunities for the retail industry to reinvent itself and maintain profitability during even the most challenging times. I thank the Arvind team for their outstanding contributions as global partners, and for playing a major role in U.S. Polo Assn.’s global success.”
Myntra Tech threads brings together more than 250 leading domestic and global fashion brands to celebrate the business of fashion. This year focused on the future of fashion ranging from technology, evolving consumer behavior and the transformation of fashion retail in India in today’s global scenario, like venturing into social commerce.