Arvind Fashions to buy Flipkart’s stake in youth brands arm for Rs 135cr
Arvind Fashions is acquiring Flipkart Group's stake in Arvind Youth Brands for Rs 135 crore, making Flying Machine its wholly owned subsidiary. This move consolidates ownership of its youth-focused business, with Flying Machine remaining available on Flipkart and other digital platforms.
Arvind Fashions is acquiring Flipkart Group's stake in Arvind Youth Brands for Rs 135 crore, making Flying Machine its wholly owned subsidiary. This move consolidates ownership of its youth-focused business, with Flying Machine remaining available on Flipkart and other digital platforms.
