Aditya Birla Fashion & Retail Limited
India’s e-commerce sector is expected to reach US$ 53.08 billion in 2024, with an annual growth rate of 11.45% to reach US$ 91.24 billion by 2029.
ABFRL is a part of the Aditya Birla Group, a fortune 500 worldwide company. The group is supported by a remarkable force of over 140,000 employees from over 100 different nationalities. The company is built on a solid foundation of stakeholder value creation. Today, over 50% of Group revenues flow from overseas operations that span 36 countries in North and South America, Africa and Asia.Company. The company's portfolio of prestigious brands includes Louis Philippe, Van Heusen, Allen Solly, Peter England and Pantaloons. In the third quarter of FY24, company’s revenue stood at Rs. 4,167 crore (US$ 502.05 million).
- 485 more. supermarkets across India
- 16 hypermarkets under the brand ‘more.’
- Aditya Birla Retail Limited has an employee strength of around 10,000 people
Aditya Birla Fashion & Retail Limited
| Year | Milestone |
|---|---|
| 2023 |
In November 2023, Aditya Birla Fashion and Retail Limited (ABFRL) announced the culmination of the Sustainability Accelerator Program 2023, a collaborative project with 1 Million for 1 Billion. ABFRL will invest Rs. 5,000 crore (US$ 605.1 million) to establish a new branded jewellery brand called 'Novel Jewels'. The company's plan involves the creation of large-format jewellery retail stores throughout the country, featuring in-house jewellery brands. ABFRL to acquire controlling stake in TCNS Clothing. ABFRL and GIZ announces the ‘Circularity Innovation Challenge 2023 in collaboration with CEE and GIZ Leverist to transform the Indian textile sector. Kumar Mangalam Birla's Son, Daughter Inducted into Aditya Birla Fashion and Retail Board as additional non-executive directors on its board. |
| 2022 |
In November 2022, Aditya Birla Fashion and Retail Ltd. entered into a strategic partnership with the Galeries Lafayette to open luxury department stores and a dedicated e-commerce platform in India. In August 2022, Louis Philippe, India’s leading premium menswear brand from Aditya Birla Fashion and Retail Ltd., announced the launch of its outlet in Vadodara, Gujarat. Acquisition of 52.4% in ‘House of Masaba Lifestyle Private Limited’ |
| 2021 |
Aditya Birla Fashion and Retail Announces Strategic Partnership with Designer “Tarun Tahiliani” to enter Men’s Premium Ethnicwear |
| 2020 |
Peter England sets foot in the grooming segment with the launch of its new deodorant range |
| 2019 |
Acquisition of Jaypore, an Indian online and offline retailer, which offers curated collections of handcrafted apparel, jewellery, home textiles and accents, based on craft forms from all over India. |
| 2018 |
ABFRL entered into a Store License and Distribution Agreement with Ralph Lauren Asia Pacific Limited (“RLAPL”), which offers apparel and accessories for both men and women under the brand name “Polo Ralph Lauren” and “Ralph Lauren”. |
| 2016 |
ABFRL signs MOU With 'Forever 21' for India Business |
| 2015 |
Consolidation of branded apparel businesses of Madura F&L and Pantaloons: 'Aditya Birla Fashion and Retail Limited' (' ABFRL'). |
| 2013 |
Pantaloons Voted 'India's No. 1 Trusted Apparel Retailer for 2013' in the Brand Equity Survey of The Economic Times. |
| 2012 |
Madura Fashion & Lifestyle enters into a joint venture with 'Hackett London'. |
| 2011 |
Van Heusen launches a sub brand called 'VH Sport' |
| 2010 |
Madura Garments re-christened as 'Madura Fashion & Lifestyle' |
| 2008 |
Louis Philippe launched sub brand 'Luxure' in the luxury segment. |
| 2000 |
The company consolidated its Textiles and Apparel business |
| 1993 |
The company launched Allen Solly in India. |
| 1990 |
The company launched 'Van Heusen' in India. |
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