Fabindia

IPO-bound SaaS platform Unicommerce is expanding its overseas operations by onboarding more clients, a top official said on Tuesday. Unicommerce is already serving 46 clients in Singapore, the Philippines, Indonesia, the UAE, and Saudi Arabia and is now expanding these operations by adding more clients. Some of its clients in these markets include the UAE-based fashion brand Redtag, the Philippines-based kids' wear brand Edamama and the UAE-based logistics player RSA Global. "After building a solid foundation in the country, international markets are a growth area for us now and we will now be expanding our operation in these overseas markets. "The domestic e-commerce market is ahead of most other markets in the region allowing us to offer future-ready solutions for our overseas clients," Kapil Makhija, managing director & chief executive told PTI Tuesday. Its domestic clientele includes Lenskart, Fabindia, Zivame, TCNS, Mamaearth, Emami, Sugar, Boat, Portronics, Pharmeasy, GNC, .

TCPL will acquire the controlling stake in Organic India at a valuation of Rs 1,800 crore. The valuation of Capital Foods is expected to be Rs 5,100 crore

Backed by Fabindia, Organic India produces organic teas and health products

TCNS Clothing Company, a listed entity with a market capitalisation of Rs 3,215 crore, has ethnicwear brands such as W, Aurelia, Wishful, Folksong, and Elleven

Fabindia said it has withdrawn its $482.43 million IPO due to rough market conditions, becoming the latest company to shelve listing plans as interest rate worries pressure stock markets

According to the Draft Red Herring Prospectus (DRHP), FabIndia's IPO, includes fresh issue of shares worth up to Rs 500 crore

Company is in talks with ESG funds and will make decisions on its investor lineup after stock market regulator clears its first-time share sale.

H&M will first sell its home decor items on its online site and on Myntra, and later launch its collection at its existing store at Ambience Mall, Vasant Kunj in Delhi

FabIndia's two promoters intend to transfer 400,000 shares and 375,080 shares to certain artisans and farmers, respectively, subsequent to the filing of the DRHP

Its backers include PremjiInvest, the family office of Azim Premji

Clothing brand FabIndia has removed a promotional capsule about its new festive line after a backlash from right-wing groups. While the brand was accused of "defacing" the Hindu festival of Diwali by naming its festive collection as Jashn-e-Riwaaz (celebration of tradition), the company insisted that it is not a Diwali collection, which will be soon launched under 'Jhilmil si Diwali' promo. FabIndia was trolled on social media for what some said was unnecessarily uplifting secularism and Muslim ideologies in a Hindu festival, saying it hurt their religious sentiments. After it put on Twitter the Jashn-e-Riwaaz collection on October 9, some social media users called for a boycott of the brand, making their campaign one of the top trends. "We at FabIndia have always stood for the celebration of India with its myriad traditions in all hues," a company spokesperson said. "Our current capsule of products under the name Jashn-e-Riwaaz is a celebration of Indian traditions. The phrase me

Fabindia, a retailer of artisan products and lifestyle items, is considering raising up to $1 billion through an initial public offering (IPO), according to people in the know of the development

Fabindia, which operates a chain of stores selling a range of artisans products, on Wednesday said former Indigo airlines president Aditya Ghosh has been appointed as a member of its board of directors. Ghosh will be guiding the management teams with strategy and new initiatives, the company said in a statement. "Fabindia believes that the post-Covid period will bring about transformational change in consumer behaviour and brands with purpose, sustainability initiatives and earth-friendly commerce will become increasingly important...As we evolve towards a new normal, we are excited to have Aditya on board helping with strategy and growth," the company said. Ghosh is a seasoned professional with over 22 years of experience and has had multiple roles including leading IndiGo and also OYO Hotels & Homes. On his joining the board of Fabindia, Ghosh said, "I am looking forward to engaging with a sense of purpose where we continue to build on the tremendous trust that the Fabindia ...

With a reach wider than almost any handloom and handicraft brand - 293 stores across 105 Indian cities and 14 international stores - Fabindia has a network like none other

Given the gold rush, Fabindia is keen to leverage the brand's long association with the market (it turns 60 next year) and ride the expected upswing in favour of branded ethnic wear

KVIC had sent a legal notice to Fabindia Overseas Pvt Ltd over the use of the 'Khadi' label

KVIC alleged Fabindia of selling ready-made cotton garments as khadi products

Fabindia is to explain its position in 15 days from receipt of notice; KVIC alleges unfair trade practices