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Pantaloons Q4 net loss narrows to Rs 63.78 cr

Last Updated: Wednesday, May 13, 2015, 17:47

The company had reported net loss of Rs 70.75 crore in the January-March quarter of 2013-14, the company said in a filing to the BSE.

Hugo Boss `positive` for full-year despite drop in Q1 profits

Last Updated: Wednesday, May 6, 2015, 13:43

"The apparel industry is currently feeling the effects of strong consumer restraint in Europe in particular. Hugo Boss coped well with this difficult environment," said chief executive Claus-Dietrich Lahrs. 

Aditya Birla Group stocks jump up to 20% on apparel biz merger

Last Updated: Monday, May 4, 2015, 17:51

Shares of Pantaloons Fashion & Retail and Aditya Birla Nuvo on Monday gained up to 20 percent, a day after Aditya Birla Group merged its apparel businesses into a Rs 5,290 crore entity.

Aditya Birla Group stocks jump up to 20% on apparel biz merger

Last Updated: Monday, May 4, 2015, 13:11

Pantaloons Fashion jumped 19.92 per cent to Rs 136.60 -- its upper circuit limit on the BSE, while Aditya Birla Nuvo surged 12.94 per cent to Rs 1,773.55.

ABNL is now ABFRL, Madura Garments merges with PFRL, now a separate Retail Firm

Last Updated: Sunday, May 3, 2015, 18:12

A shareholder holding 100 shares in ABNL will continue to hold 100 shares in ABNL and in addition will get 520 shares of PFRL.

Aditya Birla Group consolidates apparel biz into one entity

Last Updated: Sunday, May 3, 2015, 14:55

In a major restructuring exercise, Aditya Birla Group Sunday announced merger of all its branded apparel businesses into one entity, Aditya Birla Fashion and Retail Ltd, through an all-share deal.

V-Mart to invest Rs 200 cr, add nearly 200 stores in 5 years

Last Updated: Sunday, May 3, 2015, 13:07

The company had a revenue base of Rs 574.96 crore in FY 2013-14. It is, at present, operating 109 stores in 91 cities.

Online store merger prods luxury goods makers towards Internet

Last Updated: Thursday, April 23, 2015, 15:52

The merger of the world`s two biggest online fashion stores, Net-a-Porter (NAP) and Yoox, sends a warning to luxury brands to embrace the Internet with more vim after years of resistance.

Aditya Birla plans to consolidate retail biz under one roof

Last Updated: Wednesday, April 8, 2015, 15:45

The Aditya Birla Group is working on a restructuring plan to bring all its retail verticals under Pantaloon Fashion & Retail in a move to unlock value and accrue synergy benefits for the business.

Global Fashion Group hires ex-Amazon.com exec as CEO

Last Updated: Wednesday, April 8, 2015, 12:29

Global Fashion Group (GFG), formed out of five Kinnevik- and Rocket Internet- backed online fashion start-ups active across dozens of emerging markets, has hired the former head of Amazon France as its new chief executive.

Yoox, Net-a-Porter in merger talks again: Sources

Last Updated: Saturday, March 28, 2015, 09:35

Online fashion retailers Yoox and Richemont`s Net-a-Porter are trying to resuscitate merger talks that took place more than a year ago to better fight cut-throat competition, industry sources told Reuters.

Roposo.Com raises $5 mn in funding led by Tiger Global

Last Updated: Thursday, March 26, 2015, 13:53

Fashion-focused social network, Roposo.Com on Thursday said they have raised USD 5 million funding led by technology venture investor Tiger Global.