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Aditya Birla Fashion and Retail

Aditya Birla Fashion and Retail Q1 results: Posts net loss of Rs 410 crore

Aditya Birla Fashion and Retail Ltd (ABFRL) on Thursday reported a consolidated net loss of Rs 410.36 crore for quarter ended June, impacted by the coronavirus pandemic. The company had posted a net profit of Rs 21.56 crore in...

Aditya Birla Fashion and Retail posts Q3 net loss of Rs 37.64 cr

Aditya Birla Fashion and Retail on Thursday reported a consolidated net loss of Rs 37.64 crore for the quarter ended on December 31, 2019. According to a PTI report: The company had posted a net profit of Rs 70.25 crore...

AI, sustainable practices to propel fashion retail in new decade

The Indian fashion retail industry has undergone radical changes in the past decade with technology, social media, artificial intelligence and digital commerce finding increasing usage among the consumers across demographics in the country. As the Indian consumer and retailer...

4 mergers and acquisitions that took place in 2019

Globally, in the last two years, there has been a flurry of activity in the Mergers and Acquisitions (M&A) space. Industry experts have put it down to the fact that as multinationals have the funds, they want to expand...

Van Heusen Woman Innerwear & Athleisure debuts in Mumbai

Aditya Birla Fashion and Retail marked a new milestone in the branded apparel sector as it unveiled the newly launched business segment in Van Heusen Woman Innerwear and Athleisure range in Mumbai. The glamorous fashion show captivated the audience,...

ABFRL reports Q2 net profit of Rs 43 crore

Aditya Birla Fashion and Retail Ltd (ABFRL), formerly known as Pantaloons Fashion, Friday reported net profit of Rs 42.73 crore for the September quarter. It reported a loss of Rs 9.96 crore during July-September 2017.According to a PTI report:...

American Eagle Outfitters launched in India, plans 25-30 stores

Aditya Birla Fashion and Retail (ABFRL) on Wednesday said that it plans to open 25-30 stores of American Eagle Outfitters (AEO) brand in India.The firm launched the international mid-to-premium deminwear brand in the country.According to the company, the planned...

ABFRL Q4 profit rises over five-fold to Rs 113.12 cr

Aditya Birla Fashion and Retail (ABFRL), formerly known as Pantaloons Fashion, has reported an over five-fold increase in standalone net profit at Rs 113.12 crore for the March quarter, helped by a deferred tax gain of Rs 68.82 crore."Based...

Aditya Birla Fashion and Retail posts standalone net loss of Rs 10 cr loss for Q2

Aditya Birla Fashion and Retail (ABFRL), formerly known as Pantaloons Fashion, today reported a standalone net loss of Rs 10 crore for the September quarter. According to a PTI report: It had reported net profit of Rs 65 crore in...

Pantaloons CEO Shital Mehta steps down

Aditya Birla Fashion and Retail said its division Pantaloons' Chief Executive Officer Shital Mehta has resigned from the company. "Shital Mehta has resigned from the post of Chief Executive Officer, Pantaloons division of the company. Consequently, he will also cease...
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India leads in GenAI adoption, investment trends likely to rise in coming years: Report

The study also predicted promising investment trends shortly, with about 94% of respondents anticipating increased investments and budget allocations...
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