Apparel and Textile News Apparel Brands and Companies

ABFRL to downsize Forever 21 outlets

Aditya Birla Fashion & Retail (ABFRL) has decided to downsize and rightsize the Indian franchisee outlets of US brand ‘Forever 21’ to make the lable profitable. ABFRL had acquired the retailing rights of Forever 21 in 2016 from Diana Retail, a wholly owned subsidiary of DLF Brands, through a slump sale of the business undertaking […]

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June 1, 2017
1 Comment
495 Views

Apparel and Textile News Apparel Brands and Companies

ABFRL selects Dassault Systemes Industry Solution

Leading fashion and lifestyle brand Aditya Birla Fashion and Retail Ltd (ABFRL) today said it has adopted ‘My Collection’, an industry solution from 3D experience platform Dassault Systemes to market its fashion collections and increase consumer satisfaction, the company in a statement said. ABFRL is recently engaged in a customer-centric strategy to develop innovative collections […]

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March 22, 2017
1 Comment
410 Views

Apparel and Textile News Trade Info News

ABFRL to Set Up Apparel Manufacturing Unit in Odisha

Aditya Birla Retail and Fashion Ltd (ABFRL) will set up an apparel manufacturing unit at Bhubaneswar in Odisha, with a capacity of 2.5 million pieces per annum. The foundation stone for the unit was unveiled by the Chief Minister of Odisha, Naveen Patnaik. Addressing the gathering the CM, applauded the Aditya Birla Group for this […]

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December 1, 2016
8 Comments
565 Views

Apparel and Textile News Global News

ABFRL Inks Exclusive Deal to sell Ted Baker Products 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 for the brand with Indian consumers. This partnership will enable our consumers to explore to […]

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November 7, 2016
1 Comment
382 Views

Apparel and Textile News Apparel Brands and Companies

ABFRL To Acquire Forever 21 In India

Aditya Birla Fashion and Retail Limited (ABFRL) has said that it will acquire global clothing brand ‘Forever 21’ in the Indian market for 26 million US dollar (around Rs. 175.52 crore). “The company has executed a business transfer agreement with Diana Retail and DLF brands for acquisition of the business undertaking of Dina Retail – […]

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July 6, 2016
1 Comment
392 Views

Apparel and Textile News Apparel Brands and Companies

Aditya Birla To Acquire Forever 21 India Business

Aditya Birla Fashion and Retail Limited (ABFRL) has said it is acquiring the online and offline rights of American fast-fashion brand ‘Forever 21’ in the Indian market, third time the US fashion brand is changing its India partner. “The board of directors of ABFRL today in-principally approved a proposal to enter into a Binding Memorandum […]

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May 26, 2016
20 Comments
404 Views

Apparel and Textile News Apparel Brands and Companies

ABFRL To Raise Funds Via Pvt Placement

Aditya Birla Fashion and Retail Ltd (ABFRL) today said it plans to raise funds through issuance of Non-Convertible Debentures (NCDs) on private placement basis. “The Board of the company at its meeting to be held on May 25, inter alia, will also consider, passing of an enabling resolution for issuance and allotment of NCDs on […]

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May 23, 2016
19 Comments
418 Views

Apparel and Textile News Apparel Brands and Companies

Q3 Sales At Aditya Birla Fashion Grow Three-Fold

Net sales at Aditya Birla Fashion and Retail Ltd (ABFRL) for the three months to December 31, 2015 grew three-fold over the same quarter of prior fiscal. In a BSE filing, the company said its net sales rose to Rs 1,616.93 crore in the third quarter of fiscal 2016 compared to Rs 441.14 crore in […]

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February 15, 2016
5 Comments
272 Views

Apparel and Textile News Apparel Brands and Companies Retail News

Birla Merges Apparel Units

Aditya Birla Nuvo Ltd (ABNL) has announced consolidation of its branded apparel businesses under its listed subsidiary- Pantaloons Fashion & Retail Ltd (PFRL) in a bid to capitalized on its large market presence in the branded fashion space. The merger will turn the apparel business into a Rs. 5,290 crore entity, named Aditya Birla Fashion […]

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May 4, 2015
0 Comments
406 Views

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Tag: ABFRL

ABFRL to downsize Forever 21 outlets

ABFRL selects Dassault Systemes Industry Solution

ABFRL to Set Up Apparel Manufacturing Unit in Odisha

ABFRL Inks Exclusive Deal to sell Ted Baker Products in India

ABFRL To Acquire Forever 21 In India

Aditya Birla To Acquire Forever 21 India Business

ABFRL To Raise Funds Via Pvt Placement

Q3 Sales At Aditya Birla Fashion Grow Three-Fold

Birla Merges Apparel Units