Aditya Birla Fashion and Retail Limited (ABFRL) is an Indian fashion retail company headquartered in Mumbai. It emerged after the consolidation of the branded apparel businesses of Aditya Birla Nuvo Limited (ABNL), comprising ABNL's Madura Fashion division and ABNL's subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL), in May 2015. Post consolidation, PFRL was renamed Aditya Birla Fashion and Retail Ltd.[5]
History
Madura Garments was established in 1988, acquired by the Aditya Birla Group in 1999 and was renamed Madura Fashion & Lifestyle in 2010.[6][7]
The garment activities of group holding company Aditya Birla Nuvo and another group entity, Madura Garments Lifestyle Retail, would be demerged into listed firm Pantaloons Fashion & Retail Ltd (PFRL) under the scheme of arrangement. Madura owns and retails brands such as Louis Philippe, Van Heusen, Allen Solly, Peter England.[5]
In 2012, Aditya Birla Nuvo acquired major stakes in Pantaloons. In 2015, Pantaloons was renamed Aditya Birla Fashion and Retail Ltd. (ABFRL).[8]
ABFRL acquired the Jaypore brand and bought 51% stake in Finesse International Design that runs the designer wear label Shantanu & Nikhil in 2019.[9]
In 2020, Flipkart acquired a 7.8% stake in ABFRL for ₹ 1,500 crore.[10]
In 2021, ABFRL entered into an agreement to buy a 51% stake in the designer brand Sabyasachi. Later that year, ABFRL entered into a partnership with designer Tarun Tahiliani. ABFRL also partnered with Authentic Brands Group to take on Reebok's operations in India.[11] In January 2022, ABFRL acquired 51% stake in House of Masaba Lifestyle.[12]
In December 2021, ABFRL experienced a data breach carried out by ShinyHunters, whose ransom demand was allegedly rejected. Subsequently, customer information including 5.4 million unique email addresses, names, phone numbers, physical addresses, order histories and passwords stored as MD5 hashes was dumped publicly on a hacking forum.[13][14]
In April 2024, ABFRL's subsidiary Madura Fashion & Lifestyle demerged into a separate public listed entity.[15]
In May 2024, ABFRL acquired an additional stake in its subsidiary Indivinity Clothing Retail Private Limited (ICRPL) which increased ABFRL's holding from 80% to 85.54%.[16]
Aditya Birla Group took a decision to demerge ABFRL's erstwhile Madura business into Aditya Birla Lifestyle Brands Limited (ABLBL), This demerger was effective on 1st May 2025.[17][18]
Operations
As on 31 March 2024, ABFRL has a network of 4,664 stores, apart from being present in multi-brand outlets.[19][20][21] ABFRL's brands include Louis Philippe, Van Heusen, Allen Solly and Peter England, established over 25 years.[22] Pantaloons brands caters to men, women and children with a mix of private labels and licensed brands in apparel and accessories.[23]
Its international brands include The Collective. It has exclusive partnerships with brands such as Ralph Lauren, Hackett London, Ted Baker, Fred Perry, Forever 21, American Eagle, Reebok, Simon Carter and Galeries Lafayette.[24]
Its ethnic wear brands include Jaypore, Tasva & Marigold Lane.[25][26] The company has strategic partnerships with Designers ‘Shantnu & Nikhil’, ‘Tarun Tahiliani', ‘Sabyasachi’ and 'House of Masaba'.[27][28][29]
In September 2023, it completed the acquisition of a 51% stake in TCNS Clothing Co. Ltd, a women’s branded ethnic apparel company that includes brands W, Aurelia, Wishful, Elleven & Folksong.
Partnerships and acquisitions
See also
External links
References
- ABFRL’s Ashish Dikshit foresees India leading global retail innovation in next 5 years – ET Retail ETRetail.com, retrieved 30 August 2024^
- Aditya Birla Fashion And Retail Limited Q4 FY-24 bseindia^
- Aditya Birla Fashion and Retail Ltd. Financial Statements bseindia.com^
- ABFRL 24-25 Annual Report abfrl.com^
- Pantaloons changes its name to Aditya Birla Fashion and Retail The Economic Times, retrieved 23 October 2020^
- P. R. Sanjai, Sapna Agarwal. Aditya Birla Group to merge apparel business units mint, 3 May 2015, retrieved 4 January 2021^
- Aditya Birla's Madura Fashion and Lifestyle business to move to a 12-season cycle FashionNetwork.com^
- Aditya Birla Nuvo acquires major stake in Pantaloons – The Textile Magazine Indiantextilemagazine., 24 May 2012^
- Aditya Birla Fashion and Retail set to expand Jaypore, Shantanu & Nikhil brand Livemint, 10 August 2019, retrieved 1 March 2022^
- Flipkart to invest Rs 1,500 crore in Aditya Birla Fashion & Retail The Economic Times, 23 October 2020, retrieved 1 March 2022^
- ABFRL planning portfolio of up to 30 internet first brands The Economic Times, 16 February 2022, retrieved 1 March 2022^
- Birla has the best wedding suits stacked up and he wants them displayed on your phone Business Insider, 4 February 2022, retrieved 1 March 2022^
- Aditya Birla Fashion and Retail faces data breach on its portal The Economic Times, retrieved 28 January 2022^
- Aditya Birla Fashion and Retail Sites Said to Still be Vulnerable; Company Says 'Access Secured' 18 January 2022, retrieved 28 January 2022^
- Aditya Birla Fashion to demerge Madura business into separate listed entity, plans to raise funds after process The Hindustan Times, 1 April 2024, retrieved 29 April 2024^
- Aditya Birla Fashion and Retail Strengthens Grip on Ethnic Wear Brand Tasva Bru Times News^
- Vaamanaa Sethi. ABFRL Demerger: Is Aditya Birla Fashion share price really 66% down as the spin-off kicks in? Explained Mint (newspaper), 22 May 2025^
- Aditya Birla Fashion and Retail demerger: Why does it seem that ABFRL shares plunged 67%? Here’s what’s happened The Times of India, 22 May 2025^
- Aditya Birla Fashion Board meeting on 23 October to consider proposal on fund raising; shares up by 6 per cent Zee Business, 21 October 2020, retrieved 18 November 2020^
- Aditya Birla Fashion and Retail Limited sebi.gov.in, retrieved 22 November 2020^
- Deciphering Aditya Birla Fashion's growth plans The Economic Times^
- The Trends abfrl.com^
- Amit Mudgill. Will ABFRL stock hit Rs 200 mark after big Flipkart deal? The Economic Times, retrieved 22 November 2020^
- ABFRL completes acquisition of Forever 21 for Rs 175 crore – ET Retail ETRetail.com, retrieved 22 November 2020^
- Aditya Birla Fashion and Retail acquires Jaypore Livmint^
- Aditya Birla Fashion and Retail The Economic Times, retrieved 30 August 2024^
- Aditya Birla Fashion to buy 51% stake in bespoke apparel brand Shantanu & Nikhil VCCircle^
- Smita Balram. ABFRL picks up 33.5% stake in Tarun Tahiliani brand to strengthen position in ethnic wear segment The Economic Times, 24 February 2021^
- From Sabyasachi To House of Masaba: 13 surprising brands you never knew were part of Aditya Birla Group Financialexpress, 26 November 2023, retrieved 30 August 2024^
- Aditya Birla Group's Madura Fashion & Lifestyle enters luxury single brand retail with UK's Hackett The Economic Times, 12 September 2012, retrieved 22 May 2023^
- Aditya Birla signs Ted Baker deal for India FashionNetwork.com^
- Aditya Birla Fashion to bring UK brand Ted Baker to India The Economic Times, 4 November 2016^
- Simon Carter enters India via tie-up with Aditya Birla Fashion and Retail Financialexpress, 15 September 2017^
- Priyanka Pani. Aditya Birla Fashion brings American Eagle line to India @businessline^
- Ralph Lauren enters into license agreement with ABFRL to open stores in India FashionNetwork.com, retrieved 12 May 2023^
- Suneera Tandon. Aditya Birla Fashion and Retail acquires Jaypore mint, 10 June 2019, retrieved 12 May 2023^
- Aditya Birla Fashion Retail to acquire 2 ethnic wear brands The Times of India, 10 June 2019, retrieved 12 May 2023^
- Aditya Birla Fashion to acquire 51% stake in retail firm of designer Shantanu & Nikhi The Economic Times, 15 July 2019, retrieved 22 November 2020^
- ABFRL-Aditya Birla Fashion and Retail Limited Introduced Fred Perry to India Bru Times News, retrieved 12 February 2024^
- Aditya Birla Fashion Buys 51% stake in Sabyasachi Couture for Rs 398 crore Timesnownews, 28 January 2021, retrieved 12 May 2023^
- Aditya Birla Fashion partners with Tarun Tahiliani for ethnic wear brand Financialexpress, 25 February 2021^
- Sagar Malviya. Aditya Birla Fashion to now own and operate Reebok stores in select markets The Economic Times, 13 August 2022, retrieved 6 March 2023^
- Masaba Gupta announces partnership with Aditya Birla Fashion and Retail Limited Vogue India, 14 January 2022^
- Aditya Birla Fashion ties up with designer Masaba Gupta to launch new D2C brand India Today, 14 January 2022, retrieved 12 May 2023^
- ABFRL ties up with French co Galeries Lafayette The Times of India, 18 November 2022, retrieved 28 August 2023^
- Sagar Malviya. Aditya Birla Fashion to acquire 51% stake in TCNS Clothing for Rs 1,650 cr The Economic Times, 6 May 2023, retrieved 6 May 2023^
- Staff Writer. ABFRL to acquire controlling stake in ethnic wear owner TCNS mint, 6 May 2023, retrieved 14 July 2023^
- Christian Loboutin has announced a joint venture partnership in India with Aditya Birla Fashion and Retail Limited BruTimes, retrieved 28 December 2023^
- Aditya Birla Fashion to acquire TCNS Clothing in ₹1,650 crore deal The Hindu, 6 May 2023^
- Birla group co raises stake in Tarun Tahiliani couture brand The Times of India, 13 July 2024^
- Suneera Tandon. ABRFL board approves demerger of Madura to Aditya Birla Lifestyle Brands 19 April 2024^