Aditya Birla Fashion and Retail
Recent events
Recent events tied to this brand in public sources.
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2022
ABFRL announces digital-transformation collaboration with Accenture
Aditya Birla Fashion and Retail Limited announced a collaboration with Accenture for digital transformation, including work to design, develop and deploy an enterprise resource planning system.
2022
ABFRL discloses e-commerce database breach
ABFRL confirmed an information security incident involving unauthorised access to its e-commerce database. Reports said more than 5.4 million email addresses were released online. The company said there was no operational or business impact and that it had reset customer passwords and enabled OTP-based authentication.
2022
ABFRL and GIZ announce circular-business collaboration
Aditya Birla Fashion and Retail Limited (ABFRL) announced a collaboration with Germany's GIZ to strengthen circular business practices for the Indian market. The joint project will focus on material innovation, reducing harmful substances, textile-to-textile recycling, alternatives to plastic packaging and traceability.
2021
Aditya Birla Fashion & Retail completes acquisition of 51% stake in Sabyasachi
Aditya Birla Fashion & Retail’s board noted completion of the closing conditions under the Framework Agreement and approved the acquisition of a 51% stake in Sabyasachi Calcutta LLP, formerly Sabyasachi Couture.
2021
ABFRL agrees to acquire a 51% stake in Sabyasachi
Aditya Birla Fashion and Retail signed a definitive agreement to acquire a 51% stake in the Sabyasachi brand for about Rs 398 crore. The proposed acquisition is subject to statutory approvals.
2020
ABFRL ranked Asia’s top company in its industry for sustainability
Aditya Birla Fashion and Retail Limited was positioned as Asia's 'Most Sustainable Company' and ranked eighth globally in the Textiles, Apparel and Luxury Goods industry in the 2020 S&P Global Corporate Sustainability Assessment.
2019
Aditya Birla Fashion and Retail approves vice-chairman appointment
Aditya Birla Fashion and Retail's board approved Himanshu Kapania's appointment as an additional non-executive director and vice-chairman, effective January 1, 2020, subject to shareholder approval.
2019
ABFRL and CAIF launch packaging innovation challenge
Aditya Birla Fashion and Retail Ltd. launched an open innovation challenge with Circular Apparel Innovation Factory to find alternatives to plastic packaging.