Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its…
Representative image New Delhi: Ethnic-wear brand TCNS Clothing, reported a net loss of Rs 63.60 crore in the quarter that ended March 31, 2024, according to its BSE filing. The company reported a loss of Rs 28.12 crore during the same quarter last year. Aditya Birla Fashion and Retail acquired a 51 per cent stake…
Aditya Birla Fashion and Retail Ltd (ABFRL) said it will raise Rs 2500 crore within a year of splitting its retail business and carving out Madura Fashion division into a new separate listed entity, Aditya Birla Lifestyle Brands Ltd (ABLBL). The demerger will be implemented through an NCLT scheme of arrangement and upon its completion,…
Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday announced that the group will evaluate the vertical demerger of Madura Fashion & Lifestyle business from ABFRL into a separate listed company. “The Board of Directors of Aditya Birla Fashion and Retail Ltd. (ABFRL), at its meeting today, has authorized the management of the Company to…
Representative Image New Delhi: Aditya Birla Fashion and Retail Ltd (ABFRL), on Wednesday, has reported a rise of 16 per cent in consolidated revenue from operations in the third quarter ended December 2023 despite muted demand, it said in a regulatory filing. The company’s consolidated revenue from operations stood at Rs 4,167 crore in Q3…
Ashish Dikshit, MD, Aditya Birla Fashion and Retail New Delhi: Aditya Birla Fashion and Retail (ABFRL), one of India’s largest branded fashion and retail companies, is partnering with Ingenuity to support the launch of its artisanal lifestyle brand Jaypore in the US market through the digital route, the company announced in a media release on…
Jacob John(L) and Dinesh Tulsidas(R) New Delhi: Aditya Birla Fashion and Retail Limited (ABFRL) owned menswear brands Louis Philippe and Peter England have partnered with Jetha Tulsidas to open their first stores in Mauritius, according to a press release. In Mauritius, Louis Philippe has opened a 1,668 square feet outlet in Tribeca and Peter England…
New Delhi: Retail major Aditya Birla Fashion and Retail Limited (ABFRL) has partnered with French fashion designer Christian Louboutin, the company announced in a press release on Wednesday. Under the joint venture, Christian Louboutin India’s business will now be a new subsidiary of ABFRL where the partners will hold equal stakes. “This partnership reflects our…
Aditya Birla Fashion Retail Ltd (ABFRL) has completed the acquisition of a 51 per cent stake in TCNS Clothing to become a promoter of the women’s apparel brand. “The company has acquired 51 per cent of the expanded share capital of TCNS, thereby acquiring control over TCNS,” ABFRL said in a late night regulatory filing…
New Delhi: Louis Philippe, a premium menswear brand owned by the Aditya Birla Group, has forayed into the Middle East region with the opening of the brand’s newest outlet in the UAE. Besides, Aditya Birla Fashion and Retail Ltd (ABFRL) plans to increase its retail footprint by launching several additional Exclusive Brand Outlets (EBOs) of…
