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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...

ABFRL’s Style Up opens new store in Hyderabad

This would be the 6th Style up store in Hyderabad New Delhi: Aditya Birla Fashion and Retail Limited's (ABFRL) fashion brand Style Up has opened a new store in Hyderabad, a social media post by a company official said. This is...

SPR India to open 1.2 mn sq ft Mall of Madras in Chennai soon

Spanning over 1.2 million sq. ft. of built up area, the mall will be situated at Buckingham Carnatic Mills, Perambur, Chennai, Tamil Nadu Bengaluru: Mall of Madras, a shopping center developed by South Indian real estate developer SPR India will soon...

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...

Emerging Tier- 2 Retail hotspots in East India

The report from CBRE South Asia states that the total retail stock in 14 tier-2 cities stood at 29 mn. sq. ft. as of September 2023New Delhi: Nearly 35 major domestic and international retail brands entered 14 tier-2 cities in...

Kewal Kiran Clothing in talks to acquire women-oriented Kraus Jeans

The acquisition is aimed at filling the gap for a women-dedicated denim brand for KKCL New Delhi: Kewal Kiran Clothing Ltd (KKCL) is in advance talks to acquire Kraus Jeans, a women focused casual fashion brand, according to two people...

ABFRL’s Dir Biz Dev Abhinav Agarwal quits; joins Levi’s

Agarwal will move to a newly created role of national business development head at Levi’s New Delhi: Abhinav Agarwal, director of business development at Aditya Birla Fashion and Retail Ltd. (ABFRL) has quit his job and is moving to Levi...

ABFRL posts Rs 200.34 crore loss for Jul-Sept, sales at Rs 2,509.57 crore

ABFRL's total expenses were at Rs 3,500.27 crore in the September quarterNew Delhi: Aditya Birla Fashion and Retail Ltd on Thursday reported a consolidated net loss of Rs 200.34 crore for the second quarter ended September 2023.The company had...

Scanning the Self-checkout Space

The trend of self-checkouts is fast catching in India. Here’s a look at what’s driving the adoption and who are the front-runnersBengaluru: In the dynamic domain of Indian retail, where a surplus of manpower is readily available, and customers...

Our Focus is on Delhi NCR and Rajasthan, Uddhav Poddar of Bhumika Group

Uddhav Poddar, Managing Director and Group CEO, Bhumika Group speaks about creating a successful modern retail destination in a traditional tier 2 city like Udaipur, and the brand’s focus considering the changing trends in retail real estateWith an insatiable...
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Honasa Consumer posts Q4 profit at Rs 30.47 cr, sales up 21.5% at Rs 471 cr

Its revenue from operations grew 21.46% to Rs 471.09 crore in the fourth quarter of this fiscal. It was...
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