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New CEO for Aditya Birla group’s retail venture

The Aditya Birla group appointed Thomas Varghese as the new chief executive officer (CEO) of Aditya Birla Retail, replacing Sumant Sinha, who will move out after spending six-and-a-half years with the group. Thomas Varghese is currently senior executive president...

Leading fashion and lifestyle brands to get together at Pure and Play

India Fashion Forum with support from ministry of textiles, government of India, is hosting the second edition of Pure and Play from June 29 to July 1, at Pragati Maidan in New Delhi.Conceptualised to direct the growth of the...

SRS group on expansion mode

Faridabad-headquartered, Rs 700 crore SRS group is on an expansion mode. The group, which has interests spanning real estate, retail, multiplexes, hotels and aviation has earmarked about Rs 600 crores investments for the current fiscal to expand network of...

Grab to introduce new apparel brands

Textile major Krishna Group plans to tie up with around 20 international brands to retail in its multi-branded Grab Store in the country."We have already tied up with 30 brands, and in the next two months we are planning...

AV Birla splits Madura Garments

Madura Garments, part of the AV Birla Nuvo Group, has split its business into four independent units: namely, Peter England, Madura Garments, MLS and Exports. Peter England has been hived off into a separate company.However, no comment was forthcoming...

Arvind Mills brings Cherokee and US Polo brands — set to launch Izod

Arvind Mills Ltd has entered into an international license agreement with the US fashion brand Cherokee for India operations. The company is also set to launch a US-based brand named Izod.“Arvind Mills has signed a multi-year pact with the...

Louis Philippe rolls out sub-brand Lp — Madura Garments in restructuring mode

In a bid to cater to the youth, Louis Philippe, the formal premium menswear brand from Madura Garments, has expanded its offering with the launch of a sub-brand titled Lp.“The brand is targeted at youth in the age group...

Future Group opens Brand Factory for NCR

Kishore Biyani-led Future Group is launching its first Brand Factory outlet for the NCR region.“On September 26, we will launch the first Brand Factory outlet in NCR as part of the concept of 'fashion value retail', targeted at the...

Madura brands to foray globally

Madura Garments will soon roll out exclusive outlets for its brands like Louis Philippe, Van Heusen and Allen Solly in the markets of East Africa, West Asia, South Asia and Southeast Asia. It is also learnt that the company...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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