Future Lifestyle Fashions acquires 12% stake in Unico Retail

Future Lifestyle Fashions has acquired 12% stake in Unico Retail, a company engaged in the business of handbags, belts and wallets under the brand ‘PeperOne’ 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.