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The Tussle Between Accessibility And Exclusivity

The tussle between accessibility and exclusivity
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Our guest author analyses the Indian fashion market in the wake of Aditya Birla Group s acquisition of designer labels like Tarun Tahiliani and Sabyasachi.
Did Sabyasachi and Tarun Tahiliani become more accessible and affordable?
This would have been the first thing to come to the minds of young brides who came across the news of Aditya Birla Fashion and Retail (ABFRL) acquiring yet another label to its already existing partnership with designer duo Shantanu & Nikhil (S&N). The answer is Yes and No. The move does have its pros and cons, and it may or may not affect the modern-day brides, the avid shoppers, etc. ....

Tarun Tahiliani , Anita Dongre , Meha Bhargava , Aditya Birla Fashion And Retail , அனிதா டாங்க்ரே , மெஹ பார்கவா ,

Aditya Birla Fashion & Retail completes acquisition of 51% stake in Sabyasachi

On 24 February 2021The Board of Aditya Birla Fashion & Retail at its meeting held on 24 February 2021 has noted completion of the closing
conditions under the Framework Agreement and approved acquisition of 51% stake of Sabyasachi
Couture (now Sabyasachi Calcutta LLP).
Consequent to the above investment, the Company will hold 51% stake in Sabyasachi Calcutta LLP entity.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to re ....

Sabyasachi Calcutta , Aditya Birla Fashion , Framework Agreement , Sabyasachi Couture , Capital Market , Aditya Vikram Birla , Economy Of India , Aditya Birla Fashion And Retail , Aditya Birla Fashion Amp Retail , Sabyasachi Calcutta Llp , Board Of Aditya Birla Fashion Amp Retail , சபியசச்சி கால்குட்டா , சபியசச்சி ஆடை , மூலதனம் சந்தை , பொருளாதாரம் ஆஃப் இந்தியா , சபியசச்சி கால்குட்டா ல்ப் ,

Aditya Birla Fashion and Retail now owns stakes in brands Sabyasachi, Tarun Tahiliani and Shantanu and Nikhil

Aditya Birla Fashion and Retail is spreading its reach in the high-fashion designer market
Credit: BCCL
With the partnership, the duo will now launch a men’s ethnic wear brand.
Credit: BCCL
Tarun Tahiliani will also give away 33 per cent stake in his existing luxury couture business to ABFRL
In the new entity, Birla will own 80 per cent stake.
Credit: BCCL
The announcement comes weeks after ABFRL picked up a 51 per cent stake in the label Sabyasachi
The Birla-owned company had bought the stake for almost INR 400 crore.
Credit: BCCL
The fashion conglomerate also counts Shantanu and Nikhil in its designer stakes ....

Ashish Dikshit , Managing Director , Tarun Tahiliani , Aditya Birla Fashion Retail , ஆஷிஷ் தீட்சித் , நிர்வகித்தல் இயக்குனர் ,

ABFRL: Aditya Birla Fashion on a shopping spree: After acquiring 51% stake in Sabyasachi, now partners with Tarun Tahiliani for men's ethnic wear

NEW DELHI:
Aditya Birla Fashion and Retail Ltd has partnered with fashion designer Tarun Tahiliani to form a new entity that will soon launch a contemporary men s ethnic wear brand. Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a strategic partnership with India s ace designer Tarun Tahiliani to form a new entity that will soon launch a contemporary men s ethnic wear brand.
The new brand will operate in the premium occasion wear segment and will offer the entire range of high quality, sophisticated celebration wear for men at accessible price points, the company said in a regulatory filing.
ABFRL will hold 80 per cent stake in the new entity, while Tarun Tahiliani will hold the remaining 20 per cent. ....

Tarun Tahiliani , Ashish Dikshit , Retail Ltd , Birla Fashion , Luxury Couture , Director Ashish Dikshit , Aditya Birla Fashion , Aditya Birla Fashion And Retail Ltd , Mens Ethnic Wear Brand , ஆஷிஷ் தீட்சித் , சில்லறை லிமிடெட் , பிர்லா ஃபேஷன் , ஆடம்பர ஆடை , இயக்குனர் ஆஷிஷ் தீட்சித் , ஆண்கள் இன அணிய பிராண்ட் ,