MoneyWorks4Me

Future Lifestyle Fashions acquires 11% stake in Eclat

10 Dec 2013 Evaluate

Future Lifestyle Fashions has made investment of Rs 55 Iakhs to acquire 11% stake in Eclat Lifestyle (Eclat). Eclat is engaged in business of footwear under brand ‘Famozi’.

Future Lifestyle Fashions has been formed through the demerger of the lifestyle fashion businesses of Future Retail (formerly Pantaloon Retail (India)) and Future Ventures India. It has a strong portfolio of owned and licensed brands and has established retail presence pan-India.

Peers
Company Name CMP
Avenue Supermarts 3342.00
Trent 2958.00
Vishal Mega Mart 95.90
PN Gadgil Jewellers 601.55
Aditya Birla Life 72.80
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