05:24 PM EST, 12/04/2024 (MT Newswires) -- Abercrombie & Fitch ( ANF ) entered into a multiyear franchise partnership with India's Myntra, part of the Flipkart Group.

Myntra Jabong will build a brick-and-mortar retail store presence in India, "regional e-commerce sites and branded digital storefronts operated by a network of licensed and independent third parties" over the life of the franchise agreement, Abercrombie & Fitch ( ANF ) said Wednesday in a statement.