New Delhi: India's Aditya Birla Fashion and Retail Ltd (ABFRL) said on Wednesday it would buy a 51% stake in the Sabyasachi brand, best known for high-end wedding wear favoured by Bollywood celebrities and rich business families. ABFRL emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL's Madura Fashion division and ABNL's subsidiaries — Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in May 2015. Road, Kurla, Mumbai 400 070, Van Heusen Innerwear, Athleisure and Active wear. MFL brands includes Louis Philippe, Van Heusen, Allen Solly and Peter England. Peter England also refreshed its identity in large towns and cities through its Men's Obsession stores, delivering a young and vibrant shopping experience for all. When details of fine craftsmanship meet the mark of excellence, it gives birth to a Louis Philippe product. Apart from viscose staple fibre, the group also owns acrylic fibre business in Thailand, viscose filament yarn businesses and spinning mills in India and South East Asia. L.B.S. Aditya Birla Fashion and Retail Ltd. will acquire 51% stake in luxury designer brand-Sabyasachi Couture for Rs 398 crore. Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday signed a definitive agreement to acquire 51% stake in Indian luxury designer label Sabyasachi, a brand owned by … The namesake label of designer Sabyasachi Mukherjee has … Aditya Birla Fashion and Retail Limited (ABFRL) has signed a definitive agreement to buy 51 per cent stake in designer brand Sabyasachi for Rs 398 crore. The International Brands portfolio boasts of - The Collective, India's largest multi-brand retailer of international brands, Simon Carter and select mono-brands such as American Eagle, Ralph Lauren, Hackett London, Ted Baker and Fred Perry. Building 'A', 4th and 5th Floor, The company's businesses have grown into global powerhouses in a wide range of sectors – metals, … The Company has a network of 2,800 stores, presence across approximately 19,800 multi-brand outlets with 5,200+ point of sales in department stores across India. Aditya Birla Fashion and Retail has entered into a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51% stake in Sabyasachi brand. India's Aditya Birla Fashion and Retail Ltd (ABFRL) said on Wednesday it would buy a 51 per cent stake in the Sabyasachi brand, best known for … From jackets to chinos. Aditya Birla Group is anchored by an extraordinary force of over 120,000 employees, belonging to 42 different nationalities. ft. (as on 31st March, 2019), it is India's first billion-dollar pure-play fashion powerhouse with an elegant bouquet of leading fashion brands and retail formats. Aditya Birla Fashion and Retail Ltd has announced the acquisition of 51 per cent stake in designer brand Sabyasachi to strengthen its position in the … 2019 was a milestone year for the brand as it expanded aggressively into Tier 3 and Tier 4 markets. 401, 403, 501, 502, American Eagle Outfitters has more than 1,000 stores and ships to 82 countries worldwide. It is a global conglomerate with presence in brands such as Allen Solly, Birla Super, Hindalco, Rajashree Cement, Peter England, etc. With a revenue of Rs. Aditya Birla Fashion is paying Rs 398 crore ($54 million) for the stake. About Aditya Birla Fashion and Retail Limited. Allen Solly Women, India's pioneer brand in casual workwear unveiled its fresh range of dresses, in-line with Indian body shapes. The Company also holds exclusive online and offline rights to the India network of California-based fast fashion brand Forever 21. The accessory brands repertoire includes celebrated names such as Love Moschino, Tateossian, Michael Kors and Lulu Guinness and more. Aditya Birla Fashion and Retail announced a strategic partnership with India’s largest designer brand, Sabyasachi by acquiring 51 per cent stake for Rs 398 crore. Aditya Birla Group is anchored by an extraordinary force of over 120,000 employees, belonging to 42 different nationalities. Post the consolidation, PFRL was renamed Aditya Birla Fashion and Retail Ltd. and spanning a retail space of 8.1 million sq.ft. 8,788 cr. The company expects the deal to be completed in 30-45 days. Aditya Birla Fashion and Retail has a strong market in wester wear clothing segment in the industry with several popular brands under its umbrella and with the acquisition of Sabyasachi brand, the company aims to extend its significance in the ethnic wear portfolio. ABFRL's Lifestyle Brands is home to some of India's most iconic brands - Louis Philippe, Van Heusen, Allen Solly and Peter England - all market leaders within their segment. With brands like Van Heusen, Allen Solly, Peter England and more already under its name, Aditya Birla Fashion is all set to acquire 51 percent stake in … The brand celebrates the individuality of the customer, at extremely affordable prices. Road, Kurla, Mumbai - 400 070. Aditya Birla Group is a premium global conglomerate, headquartered in Worli, Mumbai, India. Additionally, the company closed two strategic investments in branded ethnic wear business with Jaypore and Shantanu & Nikhil. India's most innovative and fashionable brand. Madura Garments was established in 1988, acquired by the Aditya Birla Group in 1999 and was re-christened Madura Fashion & Lifestyle in 2010. In the past few months, an assortment of brands played on the benefits of Ayurveda to hardsell their launches. All rights reserved under ADITYA BIRLA GROUP | ALERT! BEWARE OF FRAUDULENT JOB OFFERS. With brands like Van Heusen, Allen Solly, Peter England and more already under its name, Aditya Birla Fashion is all set to acquire 51 percent stake in Sabyasachi Mukherjee's luxury bridal label. With revenue of Rs.8,788 Cr in FY19-20, it is India’s first billion-dollar pure-play fashion powerhouse with an elegant bouquet of leading fashion brands … From polos to denims. (as on March 31, 2020), Aditya Birla Fashion and Retail Limited (ABFRL) is India's first billion-dollar pure-play fashion powerhouse with an elegant bouquet of leading fashion brands and retail formats. From suits to shoes. Registrar & Share Transfer Agent and Share Transfer System. Van Heusen Innerwear, Athleisure and Active wear is establishing itself as India's most innovative and fashionable brand. Aditya Birla Fashion and Retail announced a strategic partnership with India’s largest designer brand, Sabyasachi by acquiring 51 per cent stake for Rs 398 crore. Over the years, Allen Solly has revolutionized the workwear expressions to win young India. The Aditya Birla Group is the world's largest producer of Viscose staple fibre. Louis Philippe is the name that rises to the occasion of adorning the man who has a fine taste in luxurious fashion. It owns the Birla Cellulose brand. It is present across 25,000 multi-brand outlets and 6,000+ point of sales in department stores across India. Peter England's unparalleled range of shirts, trousers, denims, suits & blazers, and t-shirts combine high-fashion, impeccable fits and a wide range of curated looks catering to every versatile occasion of today's young Indian men. Aditya Birla Fashion and Retail Ltd. (ABFRL) has signed a definitive agreement for acquiring 51% stake in luxury designer brand Sabyasachi.The brand is into categories such as apparel, accessories and Pantaloons is one of India’s largest fast fashion store brand.. Madura Fashion & Lifestyle, a division of Aditya Birla Nuvo Ltd, is one of India’s fastest growing branded apparel companies and a premium lifestyle player in the retail sector. The all-cash deal and is expected to be completed in 30-45 days and is subject to statutory approvals and signing of definitive agreements, the company said in an exchange filing. Over a period of its 30-year history in India, Van Heusen has emerged as a fashion authority for the ever-evolving Indian consumer and has established itself as a one-stop destination for the latest trends. With a rich heritage of over 130 years in United States of America, the brand entered India in 1990. The Aditya Birla Group is in the League of Fortune 500. Aditya Birla Fashion and Retail Limited (ABFRL) is a part of USD 44.3 billion Aditya Birla Group. Through the Aditya Birla Fashion and Retail Jan Kalyan Trust (ABFRLJKT), we support 5 KGBV schools in Karnataka and Tamil Nadu. ABFRL was previously known as Pantaloons Fashion & Retail Limited prior to its acquisition by the Aditya Birla Group. 1 premium lifestyle brand for professionals. As a fashion conglomerate, ABFRL has a strong network of 3,031 brand stores across the country. Today, Van Heusen is not only the most preferred workwear brand, but also effortlessly straddles across the entire spectrum of occasions like casuals, ceremonial and party wear. Allen Solly Juniors is about fun and vibrancy and has an interesting product line offering t-shirts, shirts, denim, dresses and accessories. Peter England's unparalleled range of shirts, trousers, denims, suits & blazers, and t-shirts combine high-fashion, impeccable fits and a wide range of curated looks catering to every versatile occasion of today's young Indian men. Aditya Birla Fashion and Retail Ltd has entered into an agreement to acquire a 51% stake in designer brand Sabyasachi Couture, the former said in a statement on Wednesday evening. It has a repertoire of leading brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England established for over 25 years. 2019 was a milestone year for the brand as it expanded aggressively into Tier 3 and Tier 4 markets. Aditya Birla Fashion and Retail (ABFRL) is an Indian fashion retail company headquartered in Mumbai.ABFRL has a network of 3031+ stores with a presence across approximately 25,000 multi-brand outlets with 6,500+ point of sales in department stores across India. We also, organise Special Coaching classes for the core subjects. Welcome to the world of Louis Philippe, a statement woven in perfection, stitched by passion and styled to be the finest. Be it a wedding or a meeting. New Delhi, Jan 27 (IANSlife) One of the most influential labels, if not the reigning brand in Indian fashion, Sabyasachi, enters into a strategic partnership with Aditya Birla Fashion … Allen Solly reinforced its unconventional workwear core by dressing young India in fashionable and unconventional shirts, trousers and denims. Aditya Birla Fashion and Retail Announces Strategic Partnership with Designer brand “SABYASACHI” READ MORE Forever 21 unveils its all-new flagship store at … For more than 30 years, Louis Philippe has celebrated every moment of a man's life with the grandeur it deserves. Well reckoned in the textile world under the brand name ‘Raysil’, our viscose filament yarn, is a 100% natural versatile fashion yarn manufactured from premium and imported wood pulp. Aditya Birla Fashion and Retail Ltd (ABFRL) has signed a definitive agreement for acquiring 51 per cent stake in the Sabyasachi brand and said it … Aditya Birla Fashion and Retail Ltd has announced the acquisition of 51 per cent stake in designer brand Sabyasachi to strengthen its position in the growing apparel market and tap the luxury segment. Aditya Birla Fashion and Retail Limited Aditya Birla Fashion and Retail today announced a strategic partnership with India’s largest designer brand, Sabyasachi by acquiring 51 per cent stake in Sabyasachi brand for Rs 398 crore.. ABFRL is part of a leading Indian conglomerate, The Aditya Birla Group. With revenue of Rs. Mumbai (Maharashtra) [India], January 28 (ANI): Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a strategic partnership with India's largest designer brand Sabyasachi by … Unit No. Piramal Agastya Corporate Park, New Delhi, Jan 27 (IANSlife): One of the most influential labels, if not the reigning brand in Indian fashion, Sabyasachi, enters into a strategic partnership with Aditya Birla Fashion and Retail Limited (ABFRL) by which Aditya Birla Fashion has acquired 51 percent stake in the brand for an undisclosed amount. Aditya Birla Fashion and Retail Limited is India’s largest pure-play fashion and lifestyle company with a strong bouquet of leading fashion brands and retail formats. 8,118 crore and a retail space of 7.5 million sq. It is a global conglomerate with presence in brands such as Allen Solly, Birla Super, Hindalco, Rajashree Cement, Peter England, etc. Aditya Birla Fashion and Retail Ltd (ABFRL) has entered a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive … Van Heusen is India's No. It operates from India, Laos, Thailand, Malaysia and China. A global conglomerate, the Aditya Birla Group is active in 14 industry sectors and has achieved global and national leadership in several businesses. 401, 403, 501, 502, L.B.S. Aditya Birla Fashion and Retail announces strategic partnership with designer brand Sabyasachi, Aditya Birla Fashion and Retail: Structural shifts countering pandemic impact in Q1; poised to emerge amongst strongest of the pack, Aditya Birla Fashion and Retail Limited posts results for Q4 and FY20. American Eagle entered India in June 2018 in partnership with Aditya Birla Fashion and Retail Ltd. ABFRL is part of a leading Indian conglomerate, The Aditya Birla Group, with a revenue of Rs. Aditya Birla Fashion and Retail will acquire Jaypore for an enterprise value of upto Rs 110 crore, subject to closing adjustments. Aditya Birla Fashion and Retail Limited is acquiring a 51% stake in the Indian luxury designer label Sabyasachi, a brand owned by Sabyasachi Mukherjee. Aditya Birla Fashion and Retail Ltd Piramal Agastya Corporate Park, Building 'A', 4th and 5th Floor, Unit No. Companies View by sector Branded Apparel Carbon Black Cement Fashion Metals Textiles Chemicals Post the consolidation, PFRL was renamed Aditya Birla Fashion and Retail Ltd. ABFRL brings together the learnings and businesses of two renowned Indian fashion icons, Madura Fashion & Lifestyle and Pantaloons creating a synergistic core that will act as the nucleus of the future fashion businesses of the Aditya Birla Group. 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