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ASHISH DIKSHIT
Aditya Birla Lifestyle aims to double revenues in 5 years, invest Rs 300 cr per annumAditya Birla Lifestyle Brands (ABLBL) plans to invest Rs 300 crore annually to double its revenue in the next five years, aiming to build b...- Aditya Birla Fashion stitches a ₹500-crore turnaround planAditya Birla Fashion and Retail (ABFRL) plans a ₹500 crore capital expenditure in 2025-26, aiming to turnaround loss-making ventures like T...
- Discretionary spending likely to revive only in second half of FY24Consumers started reducing non-essential spending such as those on apparel, lifestyle products, electronics, and dining out since last year...
- Retailers hit pause as small towns slow downSales of lifestyle, apparel and discretionary products moderated for the second consecutive month to 6% in April due to a high base a year ...
- Aditya Birla Fashion to raise up to ₹800 crore for TCNS acquisition"For funding, we probably need about ₹700 to 800 crore through external debt, which we will have to raise... The remaining ₹800 crore will ...
- Aditya Birla Fashion to bring luxury brand Galeries LafayetteTwo stores – once each in Mumbai and Delhi -- will bring more than 200 luxury and designer brands under one roof, a company release said.
- FMCG companies, retailers to spend big on ads despite subdued demandChief executives of Hindustan Unilever (HUL), Aditya Birla Fashion & Retail, Tata Consumer Products, Titan Company and Dabur in their earni...
- Aditya Birla group launches house of brands venture Tmrw; Prashanth Aluru named CEOTmrw will acquire as well as incubate more than 30 brands in the fashion and lifestyle segment.
- Aditya Birla Fashion on a shopping spree: After acquiring 51% stake in Sabyasachi, now partners with Tarun Tahiliani for men's ethnic wearABFRL will hold 80% stake in the new entity, while Tarun Tahiliani will hold the remaining 20%.
- Aditya Birla Fashion & Retail Q2 profit falls 30% to Rs 30 croreThe retailer that sell brands such as Pantaloons, Louis Philippe and Allen Solly, said it had revenues of Rs 2297 with net profit of Rs 30 ...
- Aditya Birla Fashion sales increase 8% in Q1A year ago, ABFRL had net profit of Rs 6 crore on revenues of Rs 1914 crore.
- Aditya Birla Fashion to acquire 51% stake in retail firm of designer Shantanu & NikhiFinesse sells ethnic apparel, footwear and accessories, with annual sales of Rs 35 crore.
- Aditya Birla Retail acquires Jaypore for Rs 110 croreEstablished in February 2012, Jaypore sells home decor, accessories, jewelry and had revenues of Rs39 crore in FY19. ABFRL said it expects ...
- Aditya Birla Fashion plans to trim Forever 21 to turn the label profitable"Our goal is to turn positive in Forever 21 next year, which is the first landmark we have set for the brand," Ashish Dikshit, business hea...
- Water tanker scam: Kapil Mishra quizzed by Anti-Corruption BranchMishra reached the ACB office around 11.30 am and was there for an hour, a senior ACB officer said.
- Aditya Birla Fashion to bring UK brand Ted Baker to IndiaTed Baker has more than 500 stores across Europe, the US, Canada, Australia, China, South Africa and the Middle-East.
- Madura Fashion & Lifestyle close to creating India's first Rs 1,000-crore apparel brand: Ashish DikshitAshish Dikshit tells ET that MF&L's long-term goal stays intact, as the recent slowdown in overall demand will not impact India's long-term...
- Young turks lead from the front at Birla GroupWhen a Balasubramanian, 43, was elevated as the chief executive officer of Birla Sunlife Asset Management Company on August 1, it exemplifi...
- Madura Garments to recast retail businessMadura Garments, part of the AV Birla Nuvo group, has undergone an organisational restructuring to support the expansion of its yet to be l...
- 'Booming middle class makes it exciting time for lifestyle clothing'Extension of the erstwhile men’s only brands -- Louis Philippe, Van Heusen and Allen Solly -- into segments such as women’s wear, youth and...
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