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Future Lifestyle Insolvency: Claims worth Rs 3,477 crore admitted from financial creditors

Catalyst Trusteeship Ltd has emerged as the lead financial creditor with Rs 600.40 crore, having a 17.4 per cent voting share in the Committee of Creditors (CoC), formed for the debt-ridden Future Group firm New Delhi: Future Lifestyle Fashions Ltd...

Indian Terrain opens store in Uttar Pradesh

Spread across 750 sq. ft., the newly launched retail outlet is located at Lulu Mall in Lucknow  Mumbai: Indian Terrain, a men’s high-street fashion brand launched its latest store in Uttar Pradesh, the company announced in a press release on Tuesday....

2.1 lakh Big Bazaar women appeal to PM Modi to save their livelihoods

 The ‘Women of Big Bazaar SOS (save our Sustenance)’, the composite group of women who work for Future Group, today came together and appealed most ardently and in a very impassioned manner to the Prime Minister Narendra Modi, for...

Phygital Retail Convention: Kishore Biyani’s Most Awaited Interview of 2020

Kishore Biyani, widely considered the pioneer of modern retail in India and credited with taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, handing over the reins of what he...

Stake sale, Future's asset acquisition to boost RIL retail: Fitch

Reliance Industries' plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 trillion and its proposed acquisition of Future Group's retail business will solidify the company's position in India's organised retail market and...

Central & Brand Factory gear up for ‘back to normal’ sales in the upcoming festive season

As the Unlock#4 gathers pace, sales at leading department store Central and off-price retailer, Brand Factory are growing at a faster pace every month, month-on-month. Future Lifestyle Fashion Limited, that operates the Central, Brand Factory networks and markets some...

Battle of mergers and consolidations intensify in India’s retail market

The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...

Kishore Biyani, a pioneer of Indian retail, man who took convenience shopping to the masses

Kishore Biyani, popularly known as KB among colleagues and considered as the pioneer of modern retail in India taking convenience shopping to the masses, is finally bowing to the winds of change blowing across the sector, giving the control...

High Street Essentials raises Rs 20.7 crore in Pre-Series C funding

Delhi-based fashion house, High Street Essentials Pvt. Ltd. (HSE), the parent company behind women’s fashion brands, FabAlley and Indya, has raised Rs 20.75 crore in a Pre-Series C round of funding led by its existing investors, SAIF Partners and...

Retail and restaurants to benefit as lockdown eases

The removal of lockdown restrictions marks a step-by-step approach to restore normalcy and retail and restaurants are expected to benefit from it. According to a research by Motilal Oswal Securities, this is a good calibrated step towards resumption of 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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