Aditya Birla Fashion and Retail net profit rises in June quarter

Related Keywords: Aditya Birla Fashion and Retail Ltd, fashion, fast fashion, Louis Philippe, Pantaloons, Peter England, profit, quarter

India
Aditya Birla Fashion and Retail net profit rises in June quarter
Summary: 
Aditya Birla Fashion and Retail Ltd on August 6 reported over threefold jump in its net profit to Rs 21.56 crore for the first quarter ended June 30. The company had posted a net profit of Rs 5.60 crore in the June 2018 quarter, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a statement. Its net sales rose 7.94 percent to Rs 2,065.46 crore during the quarter, compare with Rs 1,913.52 crore in the corresponding

Aditya Birla Fashion and Retail Ltd on August 6 reported over threefold jump in its net profit to Rs 21.56 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 5.60 crore in the June 2018 quarter, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a statement.

Its net sales rose 7.94 percent to Rs 2,065.46 crore during the quarter, compare with Rs 1,913.52 crore in the corresponding quarter of the previous financial year.

ABFRL's total expenses were at Rs 2,047.83 crore as against Rs 1,916.39 crore, up 6.85 percent.

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Aditya Birla Fashion acquires 51% stake in Finesse International

Related Keywords: Aditya Birla Fashion and Retail Ltd, apparel, brand, designs, footware, Louis Philippe, Peter England, Van Heusen

India
Aditya Birla Fashion acquires 51% stake in Finesse International
Summary: 
Aditya Birla Fashion and Retail Ltd (ABFRL), which owns brands such as Louis Philippe, Peter England and Van Heusen, on Monday said it has acquired a 51% stake in Finesse International Design that retails bespoke ceremonial wear and contemporary apparel for men and women under the Shantanu and Nikhil brand for ₹60 crore. The acquisition comes a month after ABFRL acquired ethnic apparel

Aditya Birla Fashion and Retail Ltd (ABFRL), which owns brands such as Louis Philippe, Peter England and Van Heusen, on Monday said it has acquired a 51% stake in Finesse International Design that retails bespoke ceremonial wear and contemporary apparel for men and women under the Shantanu and Nikhil brand for ₹60 crore.

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DONEAR- A name to reckon with quality suitings and apparels

Related Keywords: absolute focus on textiles speaks volumes, active supplier of fabrics, Arvind, Blackberry, D’Cot and Donear NXG, Future group, leading textile player, local and global fashion trends, Louis Philippe, marketing apparels, men’s fashion world, namely, pattern, Peter England, splendid collections from two iconic apparel brands, Textile, texture or colors, trailblazer in the fabric industry, Van Heusen, Wills Lifestyle, World-Class fabrics

Mumbai
Summary: 
DONEAR Industries Limited, one of India’s leading textile player is known for being a trailblazer in the fabric industry. From championing in simple, functional dressing to a more conceptual style statement, Donear has taken over the men’s fashion world by a storm. Donear, as a brand, stands for quality and innovation and has continuously reinvented themselves to cater to the varied tastes of stylish Indian men. In other words, Donear’s aesthetics are neither defined by a single taste nor confined by a strict style.

DONEAR Industries Limited, one of India’s leading textile player is known for being a trailblazer in the fabric industry. From championing in simple, functional dressing to a more conceptual style statement, Donear has taken over the men’s fashion world by a storm. Donear, as a brand, stands for quality and innovation and has continuously reinvented themselves to cater to the varied tastes of stylish Indian men. In other words, Donear’s aesthetics are neither defined by a single taste nor confined by a strict style.

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Vardhman Textiles expects Q3 margins, revenues not to be great.

Related Keywords: acrylic fiber, adjusted with Cotton price, Benetton, brand GAP, H&M, holding cotton, Indian spinning companies, largest manufacturer, not great, Peter England, sewing, third quater, Uniqlo, Van Heusan, Vardhman Textile, yarn, yarn price

Mumbai
Vardhman Textiles expects Q3 margins, revenues not to be great.
Summary: 
Vardhman Textiles is among India's largest manufacturers of yarn, sewing threads & acrylic fiber. It manufactures for brands like GAP, H&M, Uniqlo, Benetton, Wills, Van Heusen, and Peter England.

Vardhman Textiles is among India's largest manufacturers of yarn, sewing threads & acrylic fiber. It manufactures for brands like GAP, H&M, Uniqlo, Benetton, Wills, Van Heusen, and Peter England.

According to Neeraj Jain, Joint Managing Director, Vardhman Textiles the third quarter results are not expected to be great and revenue could be in single digits or early double digits as compared to around 18 percented reported in Q2.

http://www.moneycontrol.com/news/business/vardhman-textiles-sees-q3-margins-revenues-under-pressure_1262826.html
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