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Arvind Fashions Ltd operates in the branded apparels, beauty and footwear space. It has a portfolio of several owned and licensed global brands across different segments.
Arvind Fashions (ARVINDFASN) is acquiring the remaining 31.25% stake in its subsidiary, Arvind Youth Brands (AYBPL), from Flipkart India for ₹135 Cr. This deal makes AYBPL, which operates the popular 'Flying Machine' apparel brand, a wholly-owned subsidiary of Arvind Fashions. The move aims to enhance operational efficiency and strategic control...