Mon, Sep 30, 2019
Fashion retailer Forever 21 Inc has become the latest to join the long list of US retailers that have failed to compete with the e-commerce companies and have eventually shut down. The company filed for bankruptcy on Sunday and has sought approval to shut down 178 stores across the United States.
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Thu, Jul 27, 2017
Aditya Birla Fashion and Retail has been trying to become India's largest fashion retailer for some time now. The company said acquisition of Forever 21 India's rights made a difference this quarter.
Thu, Dec 29, 2016
From e-commerce space to the energy sector, India Inc 2016 saw a lot of mergers and acquisitions as companies changed gears to consolidate their businesses. Top five deals of the year are as follows: 1. Myntra & Jabong
Wed, Jul 06, 2016
Aditya Birla Fashion and Retail Ltd (ABFRL) is buying fashion chain Forever 21 from Diana Retail Pvt Ltd for $26 million. The company said that the acquisition would help the Group in becoming the largest integrated branded fashion player in the country. Can it?
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