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Time of India
24-06-2025
- Business
- Time of India
Birla eyes billion-dollar club for clothing brands
HighlightsAditya Birla Group aims for its lifestyle brands Louis Philippe, Van Heusen, Allen Solly, and Peter England to achieve billion-dollar status within a decade, capitalizing on the increasing consumer interest in fashion and higher discretionary spending. Currently, Louis Philippe and Van Heusen each generate sales exceeding Rs 2,000 crore, while Allen Solly and Peter England surpass Rs 1,000 crore each, highlighting the growth potential within the Indian fashion market. The Indian fashion industry is projected to grow to $170 billion by 2030, presenting a significant opportunity for Aditya Birla Group's brands as consumers shift from unbranded to branded products. Aditya Birla Group expects four of its lifestyle brands — Louis Philippe , Van Heusen , Allen Solly , and Peter England — to achieve billion-dollar status within a decade, benefiting from rising consumer interest in fashion, and higher discretionary spending, among other factors. While international lifestyle brands such as Louis Vuitton, Nike, Chanel, and Adidas have achieved multi-billion-dollar status, Indian fashion brands are yet to reach the billion-dollar milestone. Currently, Louis Philippe and Van Heusen each generate sales over Rs 2,000 crore, with Allen Solly and Peter England exceeding Rs 1,000 crore each. For comparison, the Raymond brand, owned by Gautam Singhania, generates sales exceeding Rs 3,000 crore. Aditya Birla Group ventured into fashion and lifestyle in 1999 by purchasing the four brands from European company Coats. Since then, the apparel business has seen several structural reorganisations. Initially operating as a division of Indian Rayon and Industries, the four brands were subsequently transferred to Aditya Birla Fashion and Retail. Currently, they operate under Aditya Birla Lifestyle Brands , which commenced trading on the stock exchanges on Monday. Its shares closed at Rs 159 on the BSE, showing a decline of nearly 5%. Group chairman Kumar Mangalam Birla said, 'Our ambition is clear: to build India's first portfolio of billion-dollar brands in fashion and lifestyle.' The quartet of brands, which began their journey in menswear, have since diversified their product range to include womenswear, footwear, bags and fashion accessories. The Indian fashion industry is projected to expand to $170 billion by 2030, representing a 1.5-fold increase from current figures. According to the group, this expansion, driven by consumers shifting from unbranded to branded products, presents an 'incredible opportunity' for the brands to grow substantially.
Time of India
23-06-2025
- Business
- Time of India
Aditya Birla Group eyes billion-dollar club for clothing brands
MUMBAI: Aditya Birla Group expects four of its lifestyle brands - Louis Philippe, Van Heusen, Allen Solly, and Peter England - to achieve billion-dollar status within a decade, benefiting from rising consumer interest in fashion, and higher discretionary spending, among other factors. While international lifestyle brands such as Louis Vuitton, Nike, Chanel, and Adidas have achieved multi-billion-dollar status, Indian fashion brands are yet to reach the billion-dollar milestone. Currently, Louis Philippe and Van Heusen each generate sales over Rs 2,000 crore, with Allen Solly and Peter England exceeding Rs 1,000 crore each. For comparison, the Raymond brand, owned by Gautam Singhania, generates sales exceeding Rs 3,000 crore. Aditya Birla Group ventured into fashion and lifestyle in 1999 by purchasing the four brands from European company Coats. Since then, the apparel business has seen several structural reorganisations. Initially operating as a division of Indian Rayon and Industries, the four brands were subsequently transferred to Aditya Birla Fashion and Retail. Currently, they operate under Aditya Birla Lifestyle Brands, which commenced trading on the stock exchanges on Monday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Its shares closed at Rs 159 on the BSE, showing a decline of nearly 5%. Group chairman Kumar Mangalam Birla said, "Our ambition is clear: to build India's first portfolio of billion-dollar brands in fashion and lifestyle." The quartet of brands, which began their journey in menswear, have since diversified their product range to include womenswear, footwear, bags and fashion accessories. The Indian fashion industry is projected to expand to $170 billion by 2030, representing a 1.5-fold increase from current figures. According to the group, this expansion, driven by consumers shifting from unbranded to branded products, presents an "incredible opportunity" for the brands to grow substantially. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
23-06-2025
- Business
- Business Standard
Aditya Birla Lifestyle to double revenues in 5 years, invest Rs 300 cr
The newly-listed Aditya Birla Lifestyle Brands (ABLBL) on Monday said it will invest Rs 300 crore every year with an aim to double its revenue in the next five years. The Aditya Birla Group company, which was demerged from Aditya Birla Fashion and Retail, will invest around Rs 300 crore per year, its managing director Ashish Dikshit told reporters here. Group chairman Kumar Mangalam Birla said, "India stands at the cusp of a transformative growth phase, with consumption poised to be a primary driver." ABLBL had a revenue of Rs 7,830 crore in FY25, an operating profit margin of 15 per cent and a net profit of Rs 60 crore. Kumar Mangalam Birla said the company aspires to build India's first portfolio of billion-dollar brands in the fashion and lifestyle segment. It sells brands like Peter England, Allen Solly, Van Heusen and Louis Philippe. Dikshit said two of the company's brands clock sales of over Rs 2,000 crore per year, while two others are above Rs 1,000 crore per year. "Over the next five years, we aim to more than double our scale and more than triple our cash profits. This growth will be strategic, disciplined and powered by strong cash flows," he said, adding that it targets to double in revenues as well. Dikshit said the last two years have been difficult for the industry, adding it was cyclic and the company has seen many such turns in the last 25 years of its existence. On the investments front, he said the company has a capex plan of Rs 300 crore per year. "A large part of it is going through the expansion of the retail network, a small part towards the internal capabilities and technology," Dikshit said. It is aiming for a three-fold jump in the profitability over the next 3-5 year period, he said. The company does not have any immediate plans for acquisitions at present, Dikshit said, pointing out that the Reebok brand and Van Heusen's innerwear can be major growth drivers going ahead.
Mint
23-06-2025
- Business
- Mint
Newly listed Aditya Birla Lifestyle aims to invest ₹300 crore every year
Mumbai/ Bengaluru: Newly listed Aditya Birla Lifestyle Brand Ltd is betting on its multi-brand portfolio to double its revenue and improve profitability threefold in the coming years, according to a senior executive. 'We plan to invest ₹300-odd crore every year, a large part of it will go into the expansion of the retail network," said Ashish Dikshit, managing director of Aditya Birla Lifestyle Brands Ltd (ABLBL), during the company's listing on stock exchanges. It was spun off from Aditya Birla Fashion and Retail Ltd. Shares of ABLBL fell 4.98% to ₹159.40 on Monday compared with a 0.56% decline in Nifty 50. Read more: Apparel retailers reset their summer calendar with early end-of-season sales as consumer spending cools ABLBL has a retail presence of more than 3,250 stores, with 70% of the outlets run by franchisees under an asset-light model. Retail contributes to 60% of ABLBL's revenue, followed by e-commerce at 13-14%, and the rest comes from exports and tie-ups with departmental stores, according to an executive privy to the information. Post-demerger strategy Aditya Birla Fashion demerged its Madura Fashion & Lifestyle business into ABLBL to sharpen operational focus and unlock shareholder value, according to the company's information memorandum. The move, formalised through a scheme of arrangement, aims to streamline the group's fashion portfolio by separating its lifestyle brands, including Louis Philippe, Van Heusen, Allen Solly and Peter England, into an independent company. This structure enables each business to pursue distinct growth strategies and tailor capital allocation. Post demerger, ABLBL is expected to deploy cash flows more efficiently, expand its brand portfolio with agility and engage more effectively with targeted investor segments. ABLBL now plans to scale up to 4,500 stores by FY30 and expand average store sizes from 1,400 sq. ft. to 2,000 sq. ft., growing total retail area by 50%. It aims to exceed 1,000 stores each for its four flagship brands, Louis Philippe, Van Heusen, Allen Solly and Peter England. Over 580 of its stores already serve small towns, and more than half its revenue comes from consumers under 35, according to a 23 June note by Motilal Oswal Financial Services Ltd. The bullish outlook mirrors Boston Consulting Group's estimates that India's overall retail market is likely to grow to $2 trillion within the next decade, up from $820 billion in 2023. However, the competition in India's fast-growing apparel industry is rising. Tata-backed Trent Ltd, which aims to grow its value brand Zudio by 25% in the coming years, reaffirming chairman Noel Tata's vision of expanding the company 10 times its current size. The brand added 244 stores in FY25 alone and now has 765 outlets across 235 cities. Read more: Aditya Birla Group has chalked out an aggressive five-year plan for fashion, lifestyle units ABLBL's fashion format also competes with Ambani-backed Reliance Retail, which has ₹3.3 lakh crore in revenue and has a presence of over 19,000 stores, with brands like Trends, Azorte, Yousta, and partnerships with global labels such as GAP, Superdry, and Balenciaga. Aditya Birla Lifestyle wants to build India's first billion-dollar brands over the next decade. While the company's larger brands including Louis Philippe, Van Heusen, and Allen Solly are already in the ₹2,000–2,500 crore range, the newer additions of Reebook, Van Hausen and American eagle are poised to 'scale rapidly in the large, under-penetrated and high-growth territories spaces of innerwear, activewear and casuals," said Dikshit. The company is not looking at any acquisitions in the immediate future, citing reasons of an already diverse portfolio, but remains open to inorganic growth opportunities in the next four to five years. The company is targeting a revenue growth of around 10% over FY25–28, wrote analysts at Motilal Oswal in the note. 'ABLBL is the largest player in branded apparel by revenue and store footprint, but its execution has been patchy in recent years," MOSL said. The company aims to add 250+ stores annually and aims to double revenue by FY30. It also expects to become debt-free and start dividend payouts by FY28. According to Motilal Oswal, both gross and EBITDA margins are projected to rise by 80–140 basis points between FY25 and FY28. The analyst report flags a few areas of concern regarding the newly listed demerged entity. Muted demand trends, slower momentum in scaling up newer brands such as Reebok and American Eagle, and rising store operating costs could pose challenges. In addition, investors who entered during the demerger or recent fundraising by Aditya Birla Fashion, may choose to exit, creating short-term pressure on the stock. Read more: Inside India's underground network of fake e-commerce reviews
India.com
09-06-2025
- Business
- India.com
Amazon Ultimate Brand Sale: Top Men's Polo T-Shirts to Buy Now
Looking to elevate your casual wardrobe? The Amazon Ultimate Brand Sale, running from 5th June to 10th June, is the perfect time to stock up on stylish men's polo t-shirts. Whether you prefer classic solid colors, bold prints, or sporty designs, this sale offers a wide variety of options to suit every taste and occasion. Made from comfortable, breathable fabrics, these polos combine style and functionality effortlessly. Don't miss out on unbeatable discounts and exclusive deals during the Amazon Ultimate Brand Sale — it's your chance to refresh your look with high-quality polo t-shirts that deliver both comfort and style. 1. Van Heusen Men's Solid Regular Fit T-Shirt Image Source: Amazon. in Order Now The Van Heusen Men's Solid Regular Fit T-Shirt blends comfort and style with its 60% cotton and 40% polyester fabric. Featuring a classic spread collar with ribbed detailing, half sleeves, and a regular fit, this polo t-shirt offers versatility for leisure and sports occasions. Key Features: Made of 60% cotton and 40% polyester for comfort and durability Regular fit for a relaxed yet stylish look Half sleeves for easy movement and breathability Spread collar with ribbed detailing for a classic polo look The polyester blend may retain a slight odor after washing if not properly cared for 2. Peter England Men's Regular Fit Insignia Polo T-Shirt Image Source: Amazon. in Order Now The Peter England Men's Regular Fit Insignia Polo T-Shirt features a premium pique weave made from a soft cotton-rich blend of 60% cotton and 40% polyester. Designed with half sleeves and a classic polo collar, this t-shirt offers a comfortable regular fit ideal for casual and semi-formal occasions, blending style with breathability and durability. Key Features: Soft handfeel with a cotton-rich fabric blend Premium pique weave for texture and durability Regular fit for a comfortable, classic silhouette Half sleeves are ideal for warm weather Polo collar for a timeless, sporty look Solid pattern for versatile styling Polyester content may cause slight warmth in hot and humid conditions 3. U.S. POLO ASSN. Men's Tipped Collar Pure Cotton Slim Fit Polo Shirt Image Source: Amazon. in Order Now The U.S. POLO ASSN. Men's Tipped Collar Polo Shirt is crafted from 100% pure cotton, offering breathability and comfort. Featuring a slim yet regular fit, it has a classic polo collar with ribbed and tipped detailing on the collar and sleeves. Key Features: Made from 100% pure cotton for comfort Slim fit with a regular length Polo collar with ribbed and tipped detailing Short button placket for easy wear Signature logo on chest Uneven vented hem for style and mobility Slim fit may feel tight for some body types 4. Louis Philippe Men's Cotton Slim Fit Polo T-Shirt Image Source: Amazon. in Order Now The Louis Philippe Men's Cotton Slim Fit Polo T-Shirt is crafted from 100% pure cotton, ensuring breathability and all-day comfort. Designed with a classic polo collar and half sleeves, this slim-fit tee offers a sleek, modern silhouette perfect for casual outings. Key Features: Made from 100% cotton for softness and comfort Slim fit for a tailored look Classic polo collar with collared neck Half sleeves for breathability Solid color for easy styling Standard length for a neat fit Slim fit may not be comfortable for those preferring a looser style The Amazon Ultimate Brand Sale from 5th to 10th June is the perfect opportunity to upgrade your casual wardrobe with premium men's polo t-shirts that combine style, comfort, and versatility. From the durable and classic Van Heusen and Peter England polos to the breathable, stylish options from U.S. POLO ASSN. And Louis Philippe, there's a polo for every preference and occasion. Whether you seek a relaxed regular fit or a sleek slim fit, these high-quality polos ensure you look sharp and feel comfortable. Don't miss out on these exclusive deals to refresh your style with timeless essentials at unbeatable prices. Disclaimer: At IDPL, we help you stay up-to-date with the latest trends and products. It should not be construed as an endorsement to buy. IDPL may make a very small commission from its sale if one chooses to buy the product from any of the links in this article.
