Aditya Birla Fashion and Retail
Investments
1Partners & Customers
10About Aditya Birla Fashion and Retail
Aditya Birla Fashion and Retail (NSE: ABFRL) manufactures and distributes branded fashion apparel and accessories in India. The company was founded in 1988 and is based in Mumbai, India.
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Latest Aditya Birla Fashion and Retail News
Mar 29, 2023
By Mar 29, 2023 Van Heusen Innerwear, a brand from the house of Aditya Birla Fashion and Retail Ltd (ABFRL) has strengthened its retail presence in south India with the launch of its flagship women’s exclusive intimates store in Bangalore. Van Heusen expands footprint in south India with store in Bengaluru - Van Heusen The store located in the in Jayanagar area was inaugurated by stylist Esha Amin and zumba instructor Sucheta Pal. The store is spread across an area of 1,500 sq ft will house Van Heusen’s extensive collection of lingerie, active, athleisure, and lounge wear for women. Commenting on the launch, Puneet Kumar Malik, CEO of the innerwear division at ABFRL in a statement said, “Van Heusen Innerwear aims to build stronger connections with women consumers by expanding its market presence. Our flagship intimates store aims at providing a premium shopping experience to contemporary women with innovative solutions catering to their ever-evolving lifestyle.” Van Heusen Innerwear has a strong network of over 160 exclusive stores and sells through multi-brand outlets large format retail chains, and e-commerce platforms. Copyright © 2023 FashionNetwork.com All rights reserved. Tags :
Aditya Birla Fashion and Retail Investments
1 Investments
Aditya Birla Fashion and Retail has made 1 investments. Their latest investment was in Tarun Tahiliani as part of their Corporate Minority on March 3, 2021.
Aditya Birla Fashion and Retail Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/15/2021 | Corporate Minority | Tarun Tahiliani | Yes | 1 |
Date | 3/15/2021 |
|---|---|
Round | Corporate Minority |
Company | Tarun Tahiliani |
Amount | |
New? | Yes |
Co-Investors | |
Sources | 1 |
Aditya Birla Fashion and Retail Acquisitions
5 Acquisitions
Aditya Birla Fashion and Retail acquired 5 companies. Their latest acquisition was House of Masaba on January 14, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
1/14/2022 | Other | $1M | Corporate Majority | 8 | ||
1/27/2021 | ||||||
7/15/2019 | ||||||
6/10/2019 | Debt | |||||
6/10/2019 |
Date | 1/14/2022 | 1/27/2021 | 7/15/2019 | 6/10/2019 | 6/10/2019 |
|---|---|---|---|---|---|
Investment Stage | Other | Debt | |||
Companies | |||||
Valuation | |||||
Total Funding | $1M | ||||
Note | Corporate Majority | ||||
Sources | 8 |
Aditya Birla Fashion and Retail Partners & Customers
10 Partners and customers
Aditya Birla Fashion and Retail has 10 strategic partners and customers. Aditya Birla Fashion and Retail recently partnered with Future Retail on January 1, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
1/31/2023 | Partner | India | Van Heusen partners with Paytm Insider for Metaverse debut Aditya Birla Fashion and Retail Limited 's clothing brand Van Heusen has teamed up with Paytm Insider and PartyNite Metaverse to make its Metaverse debut . | 1 | |
11/28/2022 | Partner | United States | Prashanth Aluru , CEO and Co-founder , TMRW , said , `` We are excited about partnering with these amazing entrepreneurs that are disrupting multiple Lifestyle categories . | 1 | |
11/17/2022 | Partner | Aditya Birla Fashion And Retail To Open Galeries Lafayette Stores In India `` The partnership with Galeries Lafayette is a ringing endorsement of India 's significance as a global luxury market and a future engine of growth for luxury brands , '' Aditya Birla Fashion and Retail Ltd Managing Director Ashish Dikshit said . | 4 | ||
2/21/2022 | Vendor | ||||
2/21/2022 | Vendor |
Date | 1/31/2023 | 11/28/2022 | 11/17/2022 | 2/21/2022 | 2/21/2022 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Vendor | Vendor |
Business Partner | |||||
Country | India | United States | |||
News Snippet | Van Heusen partners with Paytm Insider for Metaverse debut Aditya Birla Fashion and Retail Limited 's clothing brand Van Heusen has teamed up with Paytm Insider and PartyNite Metaverse to make its Metaverse debut . | Prashanth Aluru , CEO and Co-founder , TMRW , said , `` We are excited about partnering with these amazing entrepreneurs that are disrupting multiple Lifestyle categories . | Aditya Birla Fashion And Retail To Open Galeries Lafayette Stores In India `` The partnership with Galeries Lafayette is a ringing endorsement of India 's significance as a global luxury market and a future engine of growth for luxury brands , '' Aditya Birla Fashion and Retail Ltd Managing Director Ashish Dikshit said . | ||
Sources | 1 | 1 | 4 |
Aditya Birla Fashion and Retail Team
1 Team Member
Aditya Birla Fashion and Retail has 1 team member, including former Chief Executive Officer, Chief Operating Officer, Shital Mehta.
Name | Work History | Title | Status |
|---|---|---|---|
Shital Mehta | Chief Executive Officer, Chief Operating Officer | Former |
Name | Shital Mehta |
|---|---|
Work History | |
Title | Chief Executive Officer, Chief Operating Officer |
Status | Former |
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