Future Lifestyle Q1 net profit jumps by 33%

The fashion and lifestyle arm of Future Group, Future Lifestyle has announced a rise of 33 per cent in net profit to Rs 24 crore for the first quarter of the current fiscal year compared to the same quarter last year net profit of Rs 18 crore. “The revenue for the April-June months increased 29 […]

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September 13, 2017
28 Comments
391 Views

Apparel and Textile News Retail News

New distribution centres by Future Retail

Future Retail is planning to open new distribution centres in the country to ensure products reach stores fast, saving on costs as the Goods and Services Tax gets implemented from July 1, 2017. The company sees GST as an opportunity for retail sector to cut costs using efficient routes, thereby leading to price reduction and […]

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June 14, 2017
21 Comments
392 Views

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Future Group unveils mega sale with flat 50% off

Future Group’s fashion discount chain Brand Factory, which is a part of Future Lifestyle Fashion has announced flat 50 per cent off on everything for everyone valid from June 7 to 11 across all its outlets to celebrate 10 years of retail journey in the country, the company in a statement today said. In addition […]

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June 6, 2017
1 Comment
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Apparel and Textile News Retail News

Expansion of fashion retail format by Future Group

Future Group plans to open 80 new stores for its affordable fashion format FBB this fiscal to grow the store count which at present is 300, its CEO Kishore Biyani said. Biyani said the retailer plans to sell 23 crore units of garments by next year March and expects it to grow to 80 crore […]

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March 21, 2017
25 Comments
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Apparel and Textile News Retail News

Future Lifestyle Fashion Q3 net profit falls to Rs 15.94 crore

Future Lifestyle Fashion Ltd (FLFL) part of Future Group, today reported a 18.94 per cent fall in net profit at Rs 15.94 crore for the third quarter ended December, due to higher expenses. Its total income from operations during October-December period was up 21.24 per cent to Rs 1,064.01 crore as against Rs 877.55 crore […]

appareltalk
February 13, 2017
5 Comments
362 Views

Apparel and Textile News Trade Info News

Central & SBI Card Launch Premium Co-Branded Card

The State Bank of India (SBI) and Future Group have launched a co-branded credit card, jointly for the lifestyle departmental store Central. The card will offer benefits to premium lifestyle and fashion consumers. Since demonetization, card transactions have gone up from 61 per cent to 85 per cent at Central. “Future Group is looking to […]

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January 20, 2017
3 Comments
416 Views

Apparel and Textile News Trade Info News

FEL to sell 16% stake in Future Lifestyle for Rs.380 cr

The home grown retail major Future Enterprises (FEL) will be selling 16 per cent stake in Future Lifestyle for Rs.380 crore. FEL owns the physical assets or the store formats and infrastructure assets in the stores of Future Retail and Bharti retail. Future Enterprises was carved out of restructuring of Kishor Biyani led Future group. […]

appareltalk
December 21, 2016
1 Comment
373 Views

Apparel and Textile News Retail News

Brand Factory Records Rs.115 cr in its Mega Sale Event

Future Group’s fashion discount chain, ‘Brand Factory’ recorded a business of Rs.115 crore during the three-day ‘Free Shopping Weekend’ mega sale event that it recently organised, exceeding its expectations of doing Rs.100 crore business, a Future Group spokesperson said. During the sale, customers shopped for merchandise worth Rs.5,000 by paying Rs.2,000. Several other freebies like […]

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December 20, 2016
9 Comments
390 Views

Apparel and Textile News Retail News

FLF Launches High Definition Store in Delhi

Redefining the fashion and lifestyle retailing concept in India, Future Group launches its first ever Next Generation Central Store at Aerocity in World Mark 3. The flagship retail format of Future Lifestyle Fashions, Central is a chain of fashion departmental stores located in central areas of large Indian metropolises and cities. Central stores are large-format […]

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September 19, 2016
3 Comments
389 Views

Apparel and Textile News Trade Info News

Future Lifestyle Fashion Q1 Net Jumps 42.3 % To Rs.3.53 Cr

A part of Kishore Biyani-led Future Group, Future Lifestyle Fashion Ltd (FLFL) reported 42.3 per cent increase in its standalone net profit at Rs.3.53 crore for the first quarter ended June 30. The company had posted a net profit of Rs.2.48 crore in the April-June quarter a year ago, FLFL said. FLFL’s net sales were […]

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August 8, 2016
5 Comments
318 Views

Apparel and Textile News Apparel Brands and Companies

FabAlley Ties-Up With Central For Offline Segment

Online fashion brand for women, FabAlley has entered into the offline segment through a tie-up with Future Group-owned ‘Central’. The brand has launched its high street fashion collection in Central stores in Gurgaon, Mumbai, Hyderabad and Patna and will be soon expanding its footprint to Bangalore, Pune, Noida and Chandigarh. The brand wants to give […]

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July 5, 2016
1 Comment
408 Views

Apparel and Textile News Trade Info News

Kishore Steps Down As MD Of Future Retail

Future group chairman Kishore Biyani has resigned from the post of managing director of Future Retail Ltd as part of realignment of the group’s business, Future Retail said in a BSE filing. Another managing director as well as director of the company, Rakesh Biyani has also resigned as part of a restructuring to execute the […]

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May 3, 2016
2 Comments
413 Views

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Tag: Future Group

Future Lifestyle Q1 net profit jumps by 33%

New distribution centres by Future Retail

Future Group unveils mega sale with flat 50% off

Expansion of fashion retail format by Future Group

Future Lifestyle Fashion Q3 net profit falls to Rs 15.94 crore

Central & SBI Card Launch Premium Co-Branded Card

FEL to sell 16% stake in Future Lifestyle for Rs.380 cr

Brand Factory Records Rs.115 cr in its Mega Sale Event

FLF Launches High Definition Store in Delhi

Future Lifestyle Fashion Q1 Net Jumps 42.3 % To Rs.3.53 Cr

FabAlley Ties-Up With Central For Offline Segment

Kishore Steps Down As MD Of Future Retail