Aditya Birla Fashion and Retail
 | |
| Type | Public |
|---|---|
|
BSE: 535755 NSE: ABFRL |
|
| Industry | Retail |
| Founded | 1997 |
| Headquarters | , |
Area served |
India |
Key people |
Ashish Dikshit (MD) |
| Products | Clothing |
| Brands |
|
| Revenue |
 ₹12,534 crore (US$1.6 billion) (2023)
|
|
₹1,493 crore (US$190 million) (2023)
|
|
|
₹−36 crore (US$−4.5 million) (2023)
|
|
| Total assets |
₹17,041 crore (US$2.1 billion) (2023)
|
| Total equity |
₹3,346 crore (US$420 million) (2023)
|
| Owner | Aditya Birla Group (56%) |
Number of employees |
28,500+ (2023) |
| Parent | Aditya Birla Group |
| Website | www |
Aditya Birla Fashion and Retail Limited (ABFRL) is an Indian fashion retail company headquartered in Mumbai. ABFRL was previously known as Pantaloons Fashion & Retail Limited prior to its acquisition by the Aditya Birla Group.
History
Madura Garments was established in 1988, acquired by the Aditya Birla Group in 1999 and was renamed Madura Fashion & Lifestyle in 2010.
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
In 2012, Aditya Birla Nuvo acquired major stakes in Pantaloons. In 2015, Pantaloons was renamed Aditya Birla Fashion and Retail Ltd. (ABFRL).
Store
As on 31 March 2023, ABFRL has a network of at least 3,977 stores with a presence across approximately 33,535 multi-brand outlets with 6,723 point of sales in department stores across India.
Operations
ABFRL portfolio includes several brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England established for over 25 years. Pantaloons brands caters to men, women and children with a mix of private labels and licensed brands in apparel and accessories.
ABFRL holds online and offline rights to the India network of California-based fashion brand Forever 21. Its International Brands portfolio includes The Collective and select mono-brands such as Simon Carter, Hackett London, Ted Baker, Ralph Lauren, American Eagle, and Fred Perry.
Partnership, Merger & Acquisition
Starting in the 2010s, the company made multiple acquisitions and mergers.
| Year | Type | Company Name | Notes | Valuation/Stake | Cites |
|---|---|---|---|---|---|
| 2012 | Joint Venture | Hackett | Hackett Limited is a British clothing brand for men and boys. Hackett is partnered with Madura Fashion owned by Aditya Birla Group. | 50% stake | |
| 2016 | Partnership | Ted Baker | Ted Baker is a British high-street clothing retail company, founded in 1988 in Glasgow, Scotland | - | |
| 2016 | Acquisition | Forever 21 | Forever 21 is a multinational fast fashion retailer headquartered in Los Angeles, California, United States. Only its Indian operations were acquired by the Aditya Birla Group. | $26 mn | |
| 2017 | Partnership | Simon Carter | Simon Carter Ltd. Is a British fashion design company specialising in men's accessories and menswear, founded in London in 1985 | NA | |
| 2018 | Partnership | American Eagle Outfitters | American Eagle Line is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania, founded in 1977. | N/A | |
| 2018 | Partnership | Ralph Lauren | Ralph Lauren Corporation is an American publicly traded fashion company, founded in 1967 by American fashion designer Ralph Lauren | NA | |
| 2019 | Acquisition | Jaypore | Jaypore is an Indian fashion women entnic wear brand | ₹110 crore | |
| 2019 | Acquisition | TG Apparel & Decor | TG Apparel & Decor is an Indian clothing brand | N/A | |
| 2019 | Acquisition | Shantanu & Nikhil | Shantanu & Nikhil is an Indian Fashion Designer | 51% Stake | |
| 2021 | Partnership | Sabyasachi | Sabyasachi is an Indian fashion & jewellery label | 51% Stake (Rs 398 crore) | |
| 2021 | Partnership | Tarun Tahiliani | Tarun Tahiliani is an Indian fashion & jewellery designer | 33.5% Stake (Rs 67 crore) | |
| 2022 | Agreement to Sell | Reebok | Reebok is an American fitness footwear and clothing brand | N/A | |
| 2022 | Partnership | Masaba Gupta | Masaba Gupta is an Indian fashion designer | 51% stake | |
| 2022 | Partnership | Galeries Lafayette | ABFRL enters into a strategic partnership with Galeries Lafayette, renowned globally for its flagship location at Boulevard Haussmann in Paris | 50% stake | |
| 2023 | Acquisition | TCNS Clothing Limited | TCNS Clothing is an Indian public limited company, owner of the women's branded apparel retailer | 51% stake | |
| 2023 | Partnership | Christian Louboutin | Christian Louboutin is a French fashion designer, popularly known for his shiny, red-lacquered soles. | N/A |