Arvind Fashions

Fashion & Lifestyle

How Arvind Fashions is gearing up to raise Rs 200 crore

Indiaretailing Bureau -
Arvind Fashions on Thursday said its committee of directors has approved raising around Rs 200 crore through a rights issue. "The committee of directors of the company has approved the issue of 1,48,02,856 partly paid-up equity shares of face value of Rs 4...
Fashion & Lifestyle

Shailesh Chaturvedi appointed MD and CEO of Arvind Fashions

IANS -
The Board of Directors of Arvind Fashions has appointed Shailesh Chaturvedi as the Managing Director & CEO of the company with effect from February 1, 2021. He has been appointed for a period of five years, the company said in...
Fashion & Lifestyle

Arvind Fashions Q1 net loss widens to Rs 213.13 cr

Indiaretailing Bureau -
Arvind Fashions Ltd on Wednesday reported a consolidated net loss of Rs 213.13 crore for the first quarter ended June 30, 2020, impacted by the COVID-19 pandemic. According to a PTI report: The company had posted a net loss of...
Fashion & Lifestyle

Arvind Lifestyle Brands receives Rs 260 crore from Flipkart for minority stake in group firm

Indiaretailing Bureau -
Arvind Fashions (AFL) on Tuesday said its subsidiary Arvind Lifestyle Brands has received Rs 260 crore from Flipkart India to pick a minority stake in another group firm Arvind Youth Brands. Arvind Youth Brands is Arvind Fashions' recently-formed subsidiary...
Retail

Arvind Fashions Q2 net loss at Rs 45.35 crore

Indiaretailing Bureau -
Arvind Fashions Ltd on Wednesday reported a consolidated net loss of Rs 45.35 crore in the second quarter ended September 30. The company had posted a consolidated net profit of Rs 7.08 crore in the corresponding period of the...
Fashion & Lifestyle

Large format value fashion retailer Unlimited to open 30-40 stores in 2019

Charu Lamba -
Unlimited, a large format value fashion retailer by Arvind Fashions, is looking to open 30-40 stores this fiscal. According to Shekhar C S, CEO, Unlimited, the brand has a lot of catching up in terms of opening the stores, since they...
Fashion & Lifestyle

Arvind gets NCLT’s approval for demerger of branded apparel, engineering biz

Indiaretailing Bureau -
Textiles major Arvind Friday said it has received nod from the National Company Law Tribunal (NCLT) for its scheme of demerger of its branded apparel and engineering businesses into separate entities. According to the company, it expects demerger of...
Retail

Technology: The great differentiator in retail industry

Charu Lamba -
The retail industry is competitive, it’s relentless and the success of brands and retailers depends on how firmly they deal with their competition. One way to stay ahead of the curve is the incorporation of technology in a brand’s...
Fashion & Lifestyle

Arvind Ltd aims Rs 10,000 crore business from textiles in 4-5 years

Indiaretailing Bureau -
Ahmedabad-based Arvind Ltd expects Rs 10,000 crore business from its textiles business in the next four to five years, a top company official said. According to a PTI report: Besides, in the next three to five years, the company intends...
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FashionIndiaretailing Bureau -

Nykaa Fashion strengthens its brand portfolio: Introduces new Gen-Z-focused label MIXT

As of 2022, the brand houses over 1600 brands and over 5.1 million SKUs across five consumer segments: women,...
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