×
162
Fashion Jobs
L'OREAL GROUP
Executive - Sales - Matrix - Cochin
Permanent · Kochi
SUBIR SINHA
General Manager Production Manager
Permanent · Kanpur
RIVAARA LABS
we Are Area Sales Manager Like You to Join Our Sales Team
Permanent · Nashik
CAPITAL PLACEMENT SERVICES
sr.Manager Production Grinding Machines For Vadodara Gujarat
Permanent · Vadodara
L'OREAL GROUP
Area Sales Manager - South Bengal
Permanent · Kolkata
FUTURES AND CAREERS
Job Requirement For "Assistant Production Manager"
Permanent · Renigunta
KEWAL KIRAN CLOTHING LTD
Area Sales Manager (Channel Sales) Rajasthan, Jaipur
Permanent · Jaipur
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager- Doorstep Gold Loan(Chennai)
Permanent · Chennai
HERO HOUSING FINANCE LIMITED
Area Sales Manager
Permanent · Thane
PROJOBS
Manager Accounts - Garment Manufacturing (Cma)
Permanent · Coimbatore
HECTOR AND STREAK CONSULTING PVT LTD
Production Manager- Diagnostic Portfolio
Permanent · Mumbai
ELITE DECOR PVT LTD
Production Manager & Production Supervisor
Permanent · Vadodara
L'OREAL GROUP
Sales Executive - Professional Division - Bhopal
Permanent · Bhopal
L'OREAL GROUP
Executive - Sales Cpd - Bhatinda (n)
Permanent · Bathinda
L'OREAL GROUP
Sales Executive - Cpd - Bhatinda
Permanent · Bathinda
L'OREAL GROUP
Area Sales Manager, Cpd - Chandigarh
Permanent · Chandigarh
HEALTHKART
Area Sales Manager- Healthkart - Lucknow, Agra, Gwalior
Permanent · Lucknow
HALONIX TECHNOLOGIES PVT LTD
Area Sales Manager - Lighting Retail Sales (Rajkot)
Permanent · Rajkot
ELECTRONICA FINANCE LTD
Area Sales Manager - Bangalore Machinery Loan
Permanent · Bengaluru
NANDANI CREATION LTD
Production Manager
Permanent · Jaipur
ELECTRONICA FINANCE LTD
Area Sales Manager - Kolhapur Machinery Loan
Permanent · Kolhapur
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Ranchi
Published
Aug 7, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Aditya Birla Fashion looks to acquire American Eagle rights for India

Published
Aug 7, 2017

Aditya Birla Fashion & Retail Limited (ABFRL) is planning to get into an exclusive partnership with US fashion brand American Eagle Outfitters to acquire the rights and sell the brand in the country.

Recently, there were reports that American Eagle Outfitters is planning to exit the UK market as it shut all three stores there due to lack of profitability. It looks like the American brand is now turning its attention to the booming fashion market in India - Reuters


Aditya Birla Fashion is in an advanced stage of talks with American Eagle Outfitters to open standalone outlets and online stores of the US fashion brand, the Economic Times reported quoting sources.
 
ABFRL had reported a growth of 25 per cent in revenue for the first quarter (Q1) of FY 2018 compared to Q1 FY17. Its fast fashion segment revenues tripled in April-June 2017 quarter due to addition of Forever 21, while other businesses grew by 63 per cent.

Recently, there were reports that American Eagle Outfitters is planning to exit the UK market as it shut all three stores there due to lack of profitability. It looks like the American brand is now turning its attention to the booming fashion market in India.
 
On the other hand, with competition rising in the lucrative fashion market in India, Aditya Birla Fashion is also looking to expand its portfolio by adding international labels to compete with fast fashion brands like Zara, H&M and GAP, which are rapidly expanding and eating into the market share of Indian fashion companies with lower pricing and marketing strategies.

Aditya Birla Fashion owns various brands including Louis Philippe, Van Heusen, Allen Solly and Pantaloons department stores, among other labels. Last year it also acquired exclusive online and offline rights to market the global brand, Forever 21. Its international portfolio also includes the UK’s famous fashion brands Simon Carter and Ted Baker.
 
ABFRL altogether has over 7000 points of sale across over 375 cities and towns in India, which include more than 2,000 exclusive ABFRL brand outlets.
 
American Eagle operates around 1,000 stores in the US, Canada, Mexico, the UK, China, Japan and several countries in the Middle East.

Copyright © 2021 FashionNetwork.com All rights reserved.