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ABFRL to launch ‘Khadi by Peter England’

India-based Aditya Birla Fashion and Retail Ltd. (ABFRL) in association with Khadi and Village Industries Commission (KVIC) will launch a product line ‘Khadi by Peter England’ in the metros, this October. The collaboration allows Peter England, a menswear label from the fashion brands portfolio of ABFRL, to develop an exclusive khadi product line. The yet to be launched garments are expected to be priced between Rs. 1,000 and Rs. 3,000, which is the regular price […]

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ABFRL’s net profit soars in fourth quarter

India-based Aditya Birla Fashion and Retail Ltd. (ABFRL) has announced its fourth quarter results with net profit of Rs. 21.83 crore on standalone basis for the quarter ended March 31, 2017. ABFRL, formerly known as Pantaloons Fashion, had posted a net loss of Rs. 108.97 crore in the same quarter of last fiscal, it said in a BSE filing. Total income of the company for the quarter under review stood at Rs. 1,642.48 crore as […]

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ABFRL on expansion spree; to open 40-50 Linen Club stores

Aditya Birla Fashion and Retail, India’s leading fashion retail house, is planning to open 40-50 Linen Club stores a year for an enriched and strong pan India presence. The fashion retailer has a strong presence in South and West India, and is now eyeing the North India with a future outlook of opening 300 Linen Club stores by 2019-2020. Thomas Varghese, Business Head-Textiles, ABFRL informed, “While every store having an investment of Rs. 50-60 lakh, […]

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ABFRL adopts ‘My Collection’ industry solution experience

India’s leading fashion firm, Aditya Birla Fashion and Retail Ltd. (ABFRL) has adopted Dassault Systèmes’s “My Collection” industry solution experience to accelerate the time to market of its fashion collections and increase consumer satisfaction. With the adoption of this latest technology, the company has got one digital solution to manage its collections from their initial concept to the retail environment. Based on the 3DEXPERIENCE platform, “My Collection” helps manage the entire product lifecycle with digital […]

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Forever 21 opens new store in West Bengal (India)

Forever 21, which is marketed in India through Aditya Birla Fashion and Retail Ltd. (ABFRL), has made its debut in West Bengal with their store in Siliguri, to strengthen its foothold in the country by exploring newer markets. Spread over 6,000 sq. ft., the new store houses the latest Spring/Summer 2017 collections. Having established a strong affinity with fashionable Indians in Mumbai, New Delhi, Bangalore, Pune, Hyderabad and Chennai, the fashion brand is all set […]

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Saks Fifth Avenue to enter Indian market!?

A deal is expected to be framed soon between Saks Fifth Avenue Inc., American luxury department stores, and Aditya Birla Fashion and Retail Limited (ABFRL) to open Saks Fifth Avenue outlets in India. If reports are to be believed then New Delhi’s Aerocity near Indira Gandhi International Airport is expected to host first Saks store in the Indian market while second store may come up in Mumbai. Officials from both the companies are yet to […]

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Peter England to develop ‘India Handloom Brand’ collection

Peter England, Indian menswear brand owned by Aditya Birla Fashion and Retail Limited (ABFRL), has entered into a partnership with Development Commissioner Handlooms, Ministry of Textiles, Government of India to develop an ‘India Handloom Brand’ collection in collaboration with handloom weavers from Mangalgiri in Andhra Pradesh and will sell handloom shirts from its stores across India. Manish Singhai, Brand Head, Peter England stated, “In the next financial year, we intend to procure one lakh metres […]

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ABFRL’s Q2 revenue soars 13.1%

India-based, Aditya Birla Fashion and Retail Ltd. has announced its second quarter results with revenues increasing by 13.1 per cent year-on-year to Rs. 1,886.73 crore. While the company’s Pantaloons brand contributed Rs. 726.71 crore to revenues and reported year-on-year growth of 21.7 per cent, its major brand Madura Fashion & Lifestyle witnessed growth of 4.8 per cent. Moreover, during the period under review, the company’s net profit increased by 7 per cent to Rs. 64.89 crore. […]

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Ted Baker to enter India through ABFRL

In a bid to offer menswear, womenswear and accessories to Indian consumers, London-based luxury fashion brand Ted Baker has entered into an agreement with Aditya Birla Fashion and Retail Ltd. (ABFRL), bringing the ‘No Ordinary Designer Label’ luxury brand to India. Also Read – Aditya Birla names new Fashion Business Head Sathyajit, President – International brands – Madura F&L, Aditya Birla Fashion and Retail Ltd. stated, “Ted is a much-anticipated addition to our portfolio representing […]

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Century Textiles likely to merge its ‘textile’ division with ABFRL

Century Textiles is looking to devolve its textile business and merge it with Aditya Birla Fashion and Retail Ltd. (ABFRL) in their bid to bring the entire fashion and textile business of the Aditya Birla Group under one roof, the media reports claim. Century Textiles gets almost 9 per cent of its total revenue from its fabric and denim business and is also a supplier to Aditya Birla Fashion and Retail. Also Read – Aditya […]

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ABFRL completes acquisition of Forever 21’s India rights

With a payment of US $ 26 million, Aditya Birla Fashion and Retail (ABFRL) has acquired rights to sell US fast fashion major Forever 21 in the Indian market. Sector specialists point out that although the exact contours of the deal have not been revealed, it would be safe to assume that in keeping with its DNA, ABFRL has signed a long term partnership with the US fashion brand, probably spanning more than a decade. […]

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Forever 21 to retail in India through Aditya Birla Fashion

Ending speculations on who will acquire Forever 21’s India business, Aditya Birla Fashion and Retail Limited (ABFRL) has reported that it is acquiring the online and offline rights of the fast-fashion brand for India, beating the likes of Madura and Myntra in the race. A statement from Aditya Birla Fashion and Retail states, “The Board of Directors of Aditya Birla Fashion and Retail Limited (ABFRL) today in-principally approved a proposal to enter into a Binding […]

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