28 September 2023, Mumbai
IN Brief
Aditya Birla Fashion Retail Ltd (ABFRL) has acquired a 51 percent stake in TCNS Clothing, the parent company of popular women's apparel brands such as W, Aurelia, Wishful, Folksong, and Elleven.
This strategic move is expected to boost ABFRL's ethnic wear portfolio and accelerate TCNS Clothing's growth.
