India's Aditya Birla Fashion and Retail Ltd (ABFRL) said on Tuesday it would buy exclusive rights to sell global sportswear brand Reebok's products both online and offline in the Indian market.

India's Aditya Birla Fashion and Retail (ABFRL) will raise $500 million by selling shares, including to U.S. investment firm Fidelity, the retailer said on Wednesday.

ABFRL, post-demerger, now comprises Pantaloons, Ethnic Wear, the Luxury Collective, and the digital-first TMRW brands. Prashun Talukdar Updated May 28, 2025 1:10 PM IST ...

ABFRL approves demerger of Madura Fashion & Lifestyle, plans Rs 2,500 crore equity raise via NCLT scheme. Identical shareholders post-demerger for value creation in business segments. The board ...

ABFRL has authorized the management of the company to evaluate the vertical demerger of Madura Fashion & Lifestyle business from ABFRL into a separate listed company. Image: Reuters The Board of ...

In FY23, ABFRL reported revenue of ₹ 12,418 crore, up 53% year-on-year. It reported a loss of ₹ 82 crore.

The company will be raising from promoter group at 18% premium to current market price of the stock. ABFRL said it will issue shares worth Rs 1,081 crore to Fidelity Funds at Rs 272.37 apiece.