Aditya Birla Fashion and Retail Limited (ABFRL), one of India’s leading fashion companies, announced the culmination of the Sustainability Accelerator Program 2023, a collaborative project with 1 Million for 1 Billion (1M 1B). The program, held in November 2023, demonstrated ABFRL’s commitment to build green skills and empower Indian students while nurturing the talents required…
Tag: ABFRL
Aditya Birla Fashion and Retail appoints Shobha Ratna Tanniru as CHRO (Designate)
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•India’s leading fashion company, Aditya Birla Fashion and Retail Limited (ABFRL) announced the appointment of Shobha Ratna Tanniru as Chief Human Resources Officer (Designate), with effect from December 15, 2023. According to the company’s exchange filing, “we are pleased to announce the appointment of Ms. Shobha Ratna Tanniru, as Chief Human Resources Officer (Designate), Aditya…
TCNS to merge with Aditya Birla Fashion and Retail Limited
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•TCNS Clothing (TCNS), India’s leading women’s ethnic focused fashion player, announced that it has entered into definitive agreements for combining with ABFRL, India’s leading fashion & apparel company, and a part of the Aditya Birla group. The transaction entails combination of TCNS into ABFRL and will be carried out through ‐ (1) Acquisition of the…
Authentic Brands Group and ABFRL announce strategic partnership for Reebok in India
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•Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, and Aditya Birla Fashion and Retail Limited (ABFRL), India’s leading fashion company, announced the signing of a long-term licensing agreement, which grants ABFRL exclusive rights to distribute and sell Reebok products through wholesale, e-commerce and Reebok branded retail stores in India and other…
Aditya Birla Fashion & Retail to raise Rs1500 cr from Flipkart Group
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•Aditya Birla Fashion and Retail Limited (ABFRL) has announced that it has approved the raising of Rs. 1500 crore by way of preferential issue to Flipkart Group, according to the company’s exchange filings. With this infusion, Flipkart Group will own 7.8% equity stake in ABFRL on a fully diluted basis. The promoter and promoter group…