Page 4 - Aditya Birla Fashion And Retail

Sales uptick, lower debt to help in Aditya Birla Fashion recovery

Cost reduction, higher private label sales to aid margins

Flipkart bolsters gaming strategy, acquires gaming startup Mech Mocha

Walmart-owned company sees strong trend of casual gamers going on to become early shoppers

Flipkart eyes retail brands, acquires 7.8% stake in Aditya Birla Fashion

The Walmart-owned firm is in a race with rivals Amazon and Reliance's JioMart, who are also following a similar strategy

Aditya Birla Fashion to raise Rs 1,500 crore from Flipkart; stk jumps 17%

On completion of this transaction, ABFRL would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020

Aditya Birla Fashions' rights entitlement shares tumble 39%

The dealings in the REs for Renunciation of Aditya Birla Fashion and Retail Ltd were permitted on BSE with effect from the July 8, 2020 and will close on July 17, 2020

ABFRL: Multiple headwinds likely in near term, investors advised caution

Rs 1,000-cr rights issue, lower costs to help pare Rs 2,500-cr debt

Covid-19 outbreak: Pain may not be limited to lockdown, say retailers

Change in consumer behaviour and higher fixed costs are major concerns, leading analysts to cut FY21 earnings estimate by 15-40 per cent

AB Fashion changes style as Zara, H&M strengthen grip in Indian market

With speedier turnaround of its collections and a strong digital discovery and delivery system in place, the retail brand is fighting to stay ahead of the race

Robust growth to continue for Aditya Birla Fashion Retail and Trent

Steady same-store sales growth and improving margins to help sustain premium valuations

Shoppers Stop launches two more store formats after premium rejig

The luxury stores, for instance, will sit at the top and will be located in affluent areas of a city

Fashion firms feel slowdown pangs for second straight quarter; sales down

Same-store sales growth down to 2-7% in Q1, lower than 3-9% reported in Q4

Birlas invest Rs 1,450 cr more in unlisted private entity Essel Mining

Funds have been used to invest in Vodafone Idea rights issue

Aditya Birla Fashion zooms 20% post Q1 results

The stock up 20% to Rs 169 on the BSE in intra-day trade after the company reported net profit of Rs 60 million in June quarter against net loss of Rs 200 million in year ago quarter.