L Catterton Asia, the Asian unit of the largest and most global consumer?focused private equity firm in the world, will make a significant investment in Future Lifestyle Fashions (FLFL). L Catterton Asia will acquire around 10% stake in FLFL through a mix of preferential allotment and secondary purchase of shares.
L Catterton Asia’s significant investment in FLFL will enable FLFL’s retail formats, Central and Brand Factory, and own brands to leverage the global fashion and retail expertise of L Catterton to further strengthen and expand the business. This investment reinforces FLFL’s position as India’s leading lifestyle fashion company while opening up avenues of global collaboration for it.
Future Lifestyle Fashions is an integrated lifestyle brands and fashion retail company. The company operates a portfolio of brands that are well diversified across key growth categories like women’s wear, fast fashion and casual wear.
