Aditya Birla Fashion and Retail - ABFRL’s TCNS Acquisition—playing with Fire.
ABFRL announced the acquisition of TCNS Clothing (TCNS) and will acquire a 51% stake in TCNS in a two-part transaction: (1) it will acquire 22...
418 Views
Aditya Birla Fashion (Abfrl) - Higher Ad-Spends Weigh on Margins; Maintain BUY
The management further alluded that the company’s ad spends will normalize going forward to the historical average of ~3-3.5% of sales.
321 Views
Aditya Birla Fashion - D2C Takes off with Eight Digital-First Lifestyle Brands
To cater to the preferences of the digital, native, young customer, ABFRL is building a portfolio of ~30 D2C brands in the Lifestyle categories,...
421 Views
Aditya Birla Fashion (Abfrl) -Long Term Growth Levers Intact; Maintain BUY
Aditya Birla Fashion (ABFRL) reported 50% YoY revenue growth (33% revenue growth over pre- Covid levels) in Q2FY23, led by a sharp recovery in...
246 Views
Aditya Birla Fashion and Retail - A Strong Recovery in Business, Particularly the Lifestyle
A strong recovery in business, particularly the Lifestyle segment, saw 59% YoY jump in ABFRL’s 4QFY22 EBITDA backed by 25% YoY revenue growth and...
357 Views