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January 16, 2022
ABFRL faces data breach on its portal : Rashtra News #ABFRL #faces #data #breach #portal New Delhi: Aditya Birla Fashion and Retail Ltd. is facing a data breach on its portal, and the company is investigating the incident. Meanwhile, the company has assured that it will have no operational or business impact on its operations. […]
January 15, 2022
Aditya Birla Fashion and Retail Limiteds (ABFRL) database of customers has allegedly been leaked online. The alleged database includes the email addresses of the affected customers. The data also allegedly carries physical addresses and the date of birth of users and employees.
January 14, 2022
Aditya Birla Group has entered into a 'binding term sheet’ agreement to acquire a 51 per cent stake in 'House of Masaba Lifestyle Pvt Ltd'.
December 14, 2021
ABFRL has signed a long-term licensing agreement which grants it the exclusive right to distribute and sell Reebok products via wholesale, e-commerce and Reebok branded retail stores in India and other ASEAN countries.
November 3, 2021
ABFRL’s consolidated revenue almost doubled to Rs 2054 crore from Rs 1028 crore last year.
May 28, 2021
The Pantaloons parent said its investments in hyper-local, WhatsApp commerce and mobile apps are likely to grow their contribution significantly to sales
February 24, 2021
NEW DELHI: Aditya Birla Fashion and Retail Ltd has partnered with fashion designer Tarun Tahiliani to form a new entity that will soon launch a contemporary mens ethnic wear brand. "Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a strategic partnership with Indias ace designer Tarun Tahiliani to form a new entity that will soon launch a contemporary mens ethnic wear brand. "The new brand will operate in the premium occasion wear segment and will offer the entire range of high qual...
January 21, 2021
India´s regulator approves Flipkarts minority stake acquisition in ABFRL By Angela Gonzalez-Rodriguez 21 Jan 2021 The Competition Commission of India (CCI) approved on Wednesday Flipkart’s acquisition of a minority stake in Aditya Birla Fashion and Retail Ltd (ABFRL). India´s e-commerce giant Flipkart proposed to acquire 7.8 percent stake in ABFRL through its wholly-owned subsidiary Flipkart Investments Private Ltd (FIPL). Conversely, in October last year, Aditya Birla Fashion’s board had...
January 20, 2021
Competition Commission of India on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL). Aditya Birla Fashion had in October last year approved plans to raise Rs 1,500 crore by issuing a 7.8 per cent stake on a preferential basis to Walmart-owned Flipkart Group. "Commission approves acquisition of a 7.8 per cent minority stake in Aditya Birla Fashion and Retail Ltd by Flipkart Investments Private Ltd,"...