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Aditya Birla

Donear Group acquires GTBL, Grasim’s PV Suiting Fabrics business, to expand its product offering

In a strategic move that will significantly enhance its profile and addressable market in the global textiles space, the Donear Group has announced acquisition of Grasim Bhiwani Textile Limited, the Poly-Viscose Suiting Fabrics subsidiary of Grasim Industries. The acquisition...

Aditya Birla Fashion and Retail inks exclusive deal to sell Ted Baker goods in India

Aditya Birla Fashion and Retail Ltd recently said that the company has signed an exclusive deal to sell British high street brand Ted Baker in India. “We are happy to join hands with Ted Baker and build a strong presence...

Aditya Birla's Abof debuts on Amazon Fashion

Making this the brand's first foray outside its own portal, customers across the country can now easily discover and buy a wide range of abof's latest apparel collection on Amazon Fashion. According to a ANI report: Crafted for millennials, Abof...

Flipkart acquires Jabong; beats Snapdeal, Abof, Future Group

The race to buy online fashion retailer Jabong has finally ended, with Flipkart's unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal. Flipkart Ltd has acquired Jabong through its unit Myntra...

Rocket Internet's GFG raises $33 million

Global Fashion Group, which houses six international fashion e-tailers including India's Jabong, today announced that it has raised an additional $33 million topping up its April round this year when it raised $330.9 million at a sharp valuation drop...

Flipkart, Alibaba, Future Group, Abof in race to acquire Jabong

The race to buy online fashion retailer Jabong is heating up with Alibaba, Future Group, Flipkart's unit Myntra, Aditya Birla's e-commerce venture Abof and Snapdeal reportedly negotiating to acquire the online fashion portal. Jabong is in initial talks with the...

Aditya Birla to bring London brand Simon Carter to India

Aditya Birla Fashion and Retail Ltd announced on Friday that it has signed an exclusive deal to bring London-based designer brand Simon Carter to India. "This deal was part of our strategic intent to grow our international portfolio and this new...

Weak rupee impacting the exit of private equity in Indian starts-up

~India Retail Forum 2015 sees start-ups deliberating valuation matrix~ Mumbai, 16th September, 2015: Private equity is finding difficult to get an exit route for the investments made due to depreciating rupee against the dollar and hence are opting for initial...

Paytm ties up with Aditya Birla Finance to extend finance to SMEs

Alibaba-backed mobile commerce platform, Paytm, has tied up with Aditya Birla Finance to offer hassle-free finance options to more than 50,000 sellers on its platform. The move is expected to help small and medium sellers to scale up their...

Fibre Play

Images Business of Fashion takes a quick look at fibres that rule the roost. Cotton the most preferred fabric for intimate wear is facing stiff competition from the new age fabrics made with innovative and revolutionary fibres that have within...
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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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