MoneyWorks4Me

Future Lifestyle Fashions acquires 27.50% stake in Resource World Exim

03 Jan 2014 Evaluate

Future Lifestyle Fashions has made investment to acquire 27.50% stake in Resource World Exim, a company engaged in Indo-fusion women’s fashion apparel business under the brand ‘Desi Belle’ in India.

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 3830.00
Trent 2666.00
Vishal Mega Mart 103.50
PN Gadgil Jewellers 606.65
Aditya Birla Life 78.73
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