December 12, 2024
Home Posts tagged Fashion Industry
Apparel, Fashion, Retail

ABFRL Increases Stake In Goodview Fashion To 51%

Aditya Birla Fashion and Retail Limited (ABFRL) has increased its shareholding in Goodview Fashion (GFPL), which manufactures and sells ethnic couture under the brand ‘Tarun Tahiliani,’ from 33.50% to 51%. This was achieved through a secondary acquisition of a 17.5% equity stake from existing GFPL shareholders. As a result, GFPL transitioned from an associate to […]
Corporates

Dollar Industries Bullish On South India Market

Dollar Industries Limited, a leading name in India’s lifestyle outerwear and innerwear business, announced its strategic vision for the South Indian market. As a major step, the company has signed superstar Mahesh Babu as its Brand Ambassador for South India. Established in 1972 by visionary leader Din Dayal Gupta as Bhawani Textiles, Dollar Industries now […]
Corporates

KKCL Acquires 50% Stake In Kraus Casuals For Rs 166.51 Crore

Kewal Kiran Clothing Ltd (KCCL) announced a strategic move with the acquisition of a 50% stake in Kraus Casuals Pvt. Ltd. (KCPL) for a total consideration of Rs 166.51 crore. This equity stake will be acquired through a combination of primary infusion and secondary purchase. By entering into the women’s denim and casual wear category […]
Corporates

Sonovia & Avco Chemicals Unite For Sustainable Indigo Revolution

Sonovia has partnered with Avco to revolutionize indigo dye production, pioneering eco-friendly solutions for the fashion industry. In a major stride towards sustainable textile solutions, Sonovia unveiled a transformative collaboration with Avco, a global leader in textile processing chemicals, aimed at revolutionizing indigo dye production. This strategic partnership,