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ABFRL Q4 net loss at Rs 266.35 crore, revenue at Rs 3,406.65 cr

The established businesses continue to navigate market headwinds while maintaining a sharp focus on profitability enhancementNew Delhi: Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024.The...

Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C brands and retailersIndiaRetailing Insights: Retail store expansion in India in the fourth quarter (Q4) of the financial year (FY) 2023-2024...

Aditya Birla Fashion shares jump 12% on Madura biz demerger plans

The stock climbed 16.86% to Rs 247.40 during the day on the BSE. It later ended at Rs 236.15, up 11.55%New Delhi: Shares of Aditya Birla Fashion and Retail Ltd (ABFRL) on Tuesday ended 12% higher after the company...

ABFRL to demerge Madura business into separate listed entity

After the proposed demerger, ABFRL will raise growth capital within 12 months to strengthen its balance sheet and pursue the large growth opportunityNew Delhi: Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday announced to demerge its fast fashion...

Louis Philippe and Van Heusen open new stores in Qatar

The brands have opened two flagship stores situated on the first floor of Mall of Qatar Bengaluru: Louis Philippe and Van Heusen, fashion brands owned by Indian conglomerate Aditya Birla Group, have broadened their international presence with the launch of new...

Retail Tracker: January witnesses 29% surge in new store launches

Among the newly opened stores, some brands fared well in January with opening multiple stores IndiaRetailing Insights: Retail store expansion in India in January went up 29% to 62 new outlets rolled out that month compared to December 2023 as...

ABFRL launches American Eagle outlet in Kerala

The new store is located at Lulu Mall, Akkulam Bridge, ThiruvananthapuramBengaluru: Clothing and accessories retailer American Eagle has launched its new store in Kerala, an industry official wrote on social media. The store is located at Lulu Mall, Akkulam...

French luxury brand Christian Louboutin partners with ABFRL

The partnership envisages the transfer of the current Indian business of the Christian Louboutin to a newly incorporated subsidiary of ABFRL where the partners will hold an equal stake Bengaluru: French luxury label Christian Louboutin has entered into a joint venture...

Aditya Birla in talks to acquire Virat Kohli’s Wrogn brand

Wrogn sells fashion apparel, footwear and accessories for men inspired by cricketer Virat Kohli New Delhi: Aditya Birla Fashion and Retail Ltd. (ABFRL) is in talks with Universal Sportsbiz Pvt. Ltd. (USPL) to acquire Wrogn, a casual brand co-created by...

ABFRL’s ethnic wear brand Jaypore enters Hyderabad

Spread across 3,300 sq. ft., the new Jaypore retail store is the brand's 20th store in the countryBengaluru: Delhi-based ethnic clothing and accessories brand Jaypore has opened its first outlet in Hyderabad, parent Aditya Birla Fashion and Retail Ltd (ABFRL)...
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Swiss chocolate brand Läderach opens second store in India

Located at India’s largest luxury mall, Jio World Plaza, it is the first store of the chocolate retailer in...
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