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FABINDIA REVENUE
Tata Consumer shares rally 4% to new peak on two new additions in portfolioThe Tata firm is also said to be picking a controlling stake in Organic India for a Rs 1,800 crore valuation from FabIndia. Fabindia is bac...- IPO-bound Fabindia narrows loss, revenue surges 29% in FY22The company has received approval for its Rs 4000-crore IPO from Sebi. During the year, most retailers recovered from Covid restrictions an...
- Fabindia slips into losses in FY21, revenues drop 30% to Rs 1,059 crThe retailer's performance mimics the overall trend in the apparel and lifestyle segment where rivals including Shoppers Stop, Tata-owned T...
- Sales for some of the top lifestyle brands had already started slowing by the time Covid struckCompanies attribute the slowing growth to store closures by end March and customers apprehension to step out weeks before the lockdown. For...
- FabIndia sales grew 2% during FY20, crossed Rs 1500 crore sale markThe 60-year-old firm, popular for selling ethnic products sourced mostly from rural areas, posted consolidated sales of Rs 1508 crore with ...
- Retailers look for rental relief as slowdown bitesWith consumer sentiment at a low and sales sluggish, retailers are looking at renegotiating rentals as part of their cost-cutting measures.
- Khadi asks over 200 entities not to use terms such as 'handwoven' without nodKVIC, the sole authority for providing Khadi Mark registration, wants the entities to pay for the right to use the terms when describing th...
- Top fashion labels grow in styleRevenue of these brands put together nearly equals sales of department store chains Shoppers Stop or Lifestyle International that sell arou...
- Premji Invest buys 8% of L Capital stake in Fabindia for around Rs 360 croreL Capital, the private equity arm of leading luxury goods conglomerate LVMH is exiting Fabindia Overseas with more than 100% returns in abo...
- L Capital plans to sell stake in Fabindia; cashout to plunk Rs 660 crore down LVMH coffersL Capital is targeting $100 million (Rs 660 crore) for its 8% holding in the unlisted Indian company, more than four times the investment i...
- Fabindia MD William Bissell turns angel investorBissell has invested $2 million in his personal capacity in the firm that provides cloud-based enterprise resource planning solutions for e...
- Fabindia to introduce Western wear brand 'Fabel' next weekYoungsters, who prefer Zara, Marks & Spencer and Mango brands, are restricting ethnic clothes such as kurta pyjamas , to festive occasions ...
- Fabindia to reinvent itself with western wear line; targets young IndiansStarting this summer, there will be less of India in Fabindia, and the company is hoping its jackets are seen to be as chic as its kurtas a...
- Future Group to pitch Mother Earth chain against retailer Fab India"The model is kind of a Fabindia 2.0 but with few other product categories too," said Neelam Chibber, MD of Mother Earth.
- Fabindia finding difficult to balance social, business interestsArtisans from 212 districts supply all the ethnic garments and other similar merchandise stocked in 162 Fabindia stores across the country.
- Carlyle wins PE investment race for FabindiaGlobal private equity major Carlyle has outbid rival firms to close an equity investment in ethnic wear chain Fabindia. The deal values the...
- Fabindia acquires majority stake in UK based EASTMarquee ethnic wear chain Fabindia has acquired majority stake in the UKbased womenwear retailer EAST.
- Fabindia invites bids from PE firms, buys 8% stake held by Wolfensohn CapitalAt least a dozen private equity funds, including Bain Capital, Temasek, Carlyle, Everstone Capital, Sequoia, KKR and PremjiInvest have evin...
- Fabindia stitches deal with UK's eastThe ethnic wear chain picks up 25% stake in upmarket Womenswear Retailer.
- Wolfensohn's private fund picks 6% in FabindiaJohn Bissell's export house of 1958 - better known as Fabindia today -has an unusual backer.
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