Operating loss at Aditya Birla Group Company Pantaloons Fashion & Retail Ltd climbed down by a steep 26.16 per cent year on year in the fourth fiscal quarter ended March 31, 2015. Loss from operations before finance cost, other income ...
The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...
Tags: Birla Group, Pantaloons Fashion
Kids apparel market in India is growing at a compound annual growth rate (CAGR) of 20 per cent, due to rising media exposure, high disposable income of the parents, peer pressure and brand consciousness among children, according to The ...
Tags: Apparel Market, Kids Apparel
Northern India’s biggest garment show “RETAIL SOURCE INDIA” is all set for it’s debut edition at Pragati Maidan from 19th to 21st July 2014 in Hall No. 14. The show being organized by AEMA (Apparel Exporters & ...
Tags: Retail Source, India, Apparel, Accessories
The new supermarket trend has taken shopping to next level. Now people get to shop fresh in fully air conditioned outlets. These kinds of retail shops have deeply impacted our lifestyle. All these are one stop destination for cost effective ...
Virtuous Retail, India’s largest operator-developer of premium lifestyle centers, which recently opened Phase 1 of its 600,000 SF Flagship VR Surat in May 2013, announced the appointment of Paresh Mishra as Director - Operations for ...
Tags: Virtuous Retail, Mishra
India’s Minister of Commerce and Industry Anand Sharma will be meeting heads of global retail chains on June 27 to address their concerns related to the Government’s foreign direct investment (FDI) Policy in multi-brand retail ...
Tags: Global Retail Chains, Apparel
The planned sale of stake in Future Generali India Life Insurance Company to Industrial Investment Trust Ltd (IITL) has received approval from fair trade regulator Competition Commission of India (CCI). The approval was granted after a ...
Tags: Service
Aditya Birla Nuvo reports results for quarter ended 31st December 2012 -Revenue grew by 10 per cent to Rs.6, 305 crore -EBITDA rose by 29 per cent to Rs.1, 090 crore -Net profit surged by 28 per cent to Rs.323 crore For the ...
Tags: Fashion Retail, Sales, Aditya Nuvo
Business Line reported that the Competition Commission of India has given its approval to the acquisition of Future group's Pantaloon brand business by Aditya Birla Nuvo. Aditya Birla Nuvo Ltd, through a subsidiary, had proposed to acquire ...
Tags: Competition Commission of India, Future group, Pantaloon, retail
French retailer Auchan has become the latest major name in the sector to plant a flag in India. The privately-held company, which has stores in the Middle East, China and Russia, has struck a franchise deal with Dubai-based Landmark ...
Tags: BRICs, Auchan, retail sector
Industrial Investment Trust Ltd(IITL)has emerged to be the preferred bidder among its rivals to acquire the life insurance business of Future Group. Future Group has inked a non-binding agreement with non-banking finance company IITL,to ...
The Boards of Directors of Pantaloon Retail India Limited(PRIL)and Future Ventures India Ltd,(FVIL)approved a proposal to consolidate their fashion businesses into a new to be listed entity(Future Fashion),which would emerge as one of ...