Future Lifestyle Fashions, arm of Future group has acquired majority stake in footwear firm Elisir Lifestyle for an undisclosed sum as media sources has confirmed.
In the recent past Future Group has been investing and later on divesting stakes in many small companies.
It is worth noticing that Future Lifestyle announced divestment of 31.5 per cent of its stake in Celio Future Fashion as published in media reports.
As per media sources the company also picked up minority stakes in brands such as Tresmode, Famozi, accessories brand Peperone, women apparel firm Desi Belle and Mineral, a designer label from Priyadarshini Rao.
