December 4, 2024
Home Posts tagged Indian Fashion Market
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

High Street Essentials Secures Rs 50 Crore Funding

In its recent funding round, High Street Essentials, the parent company of fashion brands Indya and FabAlley, has raised Rs 50 crore through a blend of equity and loan infusion. Spearheaded by Sangita Jindal, Chairperson of JSW Foundation, the investment round also saw contributions from SRF Group’s family offices, Cyient’s MD Krishna Bodanapu, and Pure […]
Apparel, Fashion, Retail

Zudio Opens 203 New Stores In India In FY 2023-24

In the financial year 2023-24, Zudio, a prominent retail fashion brand under Trent Ltd, made significant strides by adding 203 new stores to its growing portfolio. This expansion brings the total number of Zudio stores to 545 across 164 cities, enhancing its presence in numerous micro-markets across India. The brand’s commitment to accessibility and fashion-forward