SpaceMantra pulls out resolution plan for Future Lifestyle – ET Retail

Representative Image Mumbai: SpaceMantra, the winning bidder to take over Kishore Biyani‘s retail brand outlet Future Lifestyle Fashions (FLFL), has withdrawn its resolution plan for the company days before lenders overwhelmingly voted for it, putting creditors of the debt-laden company in a quandary. SpaceMantra, promoted by former NBCC chairman Anoop Kumar Mittal, along with two…

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Donear Industries to open 50 EBOs focusing on neo-stretch fabric – ET Retail

Rajendra V. Agarwal, managing director at Donear Industries New Delhi: Donear Industries is planning to open 50 exclusive brand outlets (EBOs) focusing on its newly launched neo-stretch fabric, Rajendra V. Agarwal, managing director of the company told ETRetail. Currently, within the Donear Group, the company operates under 3 flagship companies: GBTL, OCM Private Ltd, and…

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