Financial Results

Aditya Birla Fashion And Retail’s Net Loss at 37% In Q4FY’24

Textile Insights May 30, 2024

In the fourth quarter of fiscal 2023-24, net loss at Aditya Birla Fashion and Retail Ltd (ABFRL) stood at 37 percent and reached Rs 266 crore compared to Rs 195 crore in the comparable months of earlier fiscal. Revenue in the January to March period at the Aditya Birla Group company grew to Rs

Apparel, Fashion, Retail

ABFRL Board Approves Demerger Of Madura Business Into A Separate Listed Entity

Textile Insights April 21, 2024

Following the announcement on April 1, 2024, the Board of Directors of ABFRL convened and approved the proposal for the vertical demerger of Madura fashion and lifestyle business from ABFRL into a newly incorporated entity named Aditya Birla Lifestyle Brands Ltd. (ABLBL). Upon completion, ABLBL will be listed separately, marking a significant strategic move aimed […]

Corporates

ABFRL Demerging Madura Fashion Into Separately Listed Entity

Textile Insights April 3, 2024

Aditya Birla Fashion and Retail Ltd. (ABFRL) has planned to demerge its Madura Fashion & Lifestyle (MFL) division into a separate listed entity. The Aditya Birla Group company aims to create two growth engines with distinct value creation trajectories and a well articulated capital allocation strategy and parallel value creation opportunities. The MFL portfolio has

Apparel, Fashion, Retail

Aditya Birla Fashion Unveils ‘Fashionabling Earth’ 3D Book At Bharat Tex 2024

Textile Insights March 3, 2024

Aditya Birla Fashion and Retail Limited (ABFRL) unveiled its “Fashionabling Earth,” a 3D coffee table book at Bharat Tex 2024. The book is aimed at providing an immersive and inspiring experience. Going beyond conventional reading, this book integrates interactive 3D features and captivating pop-up images to breathe life into sustainable stories. Reflecting

Apparel, Fashion, Retail

ABFRL To Launch Its Artisanal Lifestyle Brand Jaypore In US

Textile Insights February 19, 2024

Aditya Birla Fashion and Retail Ltd. (ABFRL) will partner Ingenuity, an ecommerce solution provider to launch Jaypore, an ABRFL brand in the US market. This collaboration is geared towards enabling the Aditya Birla Group company to expand its direct-to-consumer (DTC) presence on a global level. Jaypore is an artisanal lifestyle brand that offers curated collections […]

Financial Results

Aditya Birla Fashion & Retail Slips In To Q3FY’24 Loss

Textile Insights February 16, 2024

Aditya Birla Fashion & Retail Ltd (ABFRL), India’s major apparel retailer slipped in to a loss at Rs 77.87 crore in the third quarter of fiscal quarter ended December 31, 2023 Incidentally, the Aditya Birla Group company had reported net profit at Rs 15.79 crore in the third quarter of fiscal 2022-23. Total revenue in […]

Sustainability

ABFRL And 1M1B Announce India’s 1st Green Jobs For Climate Change Action

Textile Insights April 25, 2023

This partnership aims to accelerate a sustainability mindset in 1 million youth and advance skills for green jobs Top 20 students will be given workplace experiences and internships at ABFRL and an opportunity to present at the annual 1M1B Youth summit at the United Nations, New York Aditya Birla Fashion and Retail Limited (ABFRL), one […]

Apparel, Fashion, Retail

ABFRL’s “Planet Fashion” Gets Trendy With New Retail Identity In Varanasi

Textile Insights April 20, 2023

The brand aims to strengthen its relationship with consumers with its promise of dependability and commitment Planet Fashion, part of Aditya Birla Fashion and Retail (ABFRL), unveiled its new retail identity at its 2051 sq. ft. store located on Durgakund in Varanasi. The brand has 171 stores across India and offers the latest international fashion […]