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Tag: Sanjay Lalbhai

Arvind Shares Surge Over 10% on Fund Raising Plans
Apparel and Textile News Apparel Brands and Companies

Arvind Shares Surge Over 10% on Fund Raising Plans

One of India’s largest integrated textile and apparel company, Arvind Ltd one of India’s largest integrated textile and apparel Company, has today announced its decision to raise about Rs.740 crore by diluting 10 per cent stake in its brand business arm, pegging its enterprise value at Rs.8,000 crore. The entire stake will be picked up […]

Tommy Hilfiger Receives FIPB
Retail News Apparel and Textile News Apparel Brands and Companies

Tommy Hilfiger Receives FIPB

American fashion apparel major Tommy Hilfiger received Foreign Investment Promotion Board (FIPB) approval to run own stores and start e-commerce in India. The approval, granted earlier this week, came nearly four years after its Indian arm, Tommy Hilfiger Arvind Fashion, moved the application. NYSE-listed PVH Corp and textile tycoon Sanjay Lalbhai-led Arvind equally own Tommy […]

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