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ABFRL proposes to raise Rs 500 crore through NCDs

Aditya Birla Fashion and Retail Ltd (ABFRL) raised funds by issuing 5,000 listed, unsecured, rated, redeemable non-convertible debentures (NCDs) of a face value of Rs 10 lakh each New Delhi: Aditya Birla Fashion and Retail Ltd (ABFRL) plans to raise Rs...

Forever 21 opens its 2nd store in Chennai

The brand has its first store in the city at Express Avenue Mall and the new store has opened at Phoenix Palladium New Delhi: Fast fashion retailer brand Forever 21 launched its second store in Chennai at Phoenix Palladium. It...

Aditya Birla Group to bring French luxury department stores Galeries Lafayette to India

The first two Galeries Lafayette stores will open at Fort in Mumbai and DLF Emporio in Delhi, respectively. Each of the stores will bring more than 200 luxury and designer brands under one roof Mumbai: Aditya Birla Fashion and Retail Limited (ABFRL)...

ABFRL partners with Accenture for digital transformation to drive growth

Aditya Birla Fashion and Retail Limited (ABFRL) has announced its collaboration with Accenture for a digital transformation program designed to drive growth, increase business agility and improve operational efficiency, an official statement highlighted. The company’s statement also highlighted as part...

IFF & Cotton Council International: Webinar: Sustainability in Textiles & Fashion – A Choice or a necessity?

Sustainability, along with traceability and transparency has been a key challenge for the textile industry for some time now. The area of sustainability in the fashion and textile industry has been challenged more than ever due to the resources...

ABFRL picks up 33.5% stake in Tarun Tahiliani brand to enter men’s premium ethnicwear segment

India's leading fashion company, Aditya Birla Fashion and Retail Limited has announced a strategic partnership with India's ace designer Ta run Tahiliani to form a new entity that will soon launch a contemporary men's ethnic wear brand. The new...

CCI gives an okay to Flipkart-Aditya Birla Fashion

Competition Commission of India (CCI) on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL). Aditya Birla Fashion had in October last year approved plans to raise Rs 1,500 crore...

ABFRL is Asia’s ‘Most Sustainable Company’ in textile, apparel & luxury goods industry

Aditya Birla Fashion and Retail Limited (ABFRL), the powerhouse of fashion and retail sector is positioned as Asia’s `Most Sustainable Company’ and globally ranked 8th in the Textiles, Apparel & Luxury goods Industry for its Environmental, Social and Governance (ESG)...

Phygital Retail Convention: The Masterplan Of Retail Transformation

During the pandemic and its accompanying uncertainty, business leaders have had to face multiple dilemmas - because their future decisions will impact not only their survival, but also of the hundreds and thousands employed by them. However, this is not...

In-home consumption surges as consumers binge on biscuits, salty snacks

Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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