Aditya Birla Fashion to acquire 51% stake in brand Masaba, aims Rs 500 cr revenue in next 5 years

Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday said it will acquire a 51% majority stake in the popular and contemporary brand “Masaba” promoted by leading designer Masaba Gupta for a cash consideration of Rs 90 crore. The Aditya Birla Group has entered into a “binding term sheet” agreement to acquire a 51% stake … Read more

JD Sports Fashion Plc Total Revenue for 22-Weeks to Jan. 1 in Like for Like Businesses More Than 10% Ahead on 2020

By Kyle Morris JD Sports Fashion PLC said on Wednesday that revenue for the 22-week period through January 1 in its similar businesses increased by more than 10% over the same period in 2020 and that it expects a profit before tax for the year. fiscal 2022 of 875 million pounds (1.19 billion dollars). The … Read more