Khaitan & Co advised Aditya Birla Fashion and Retail Limited on the deal
Aditya Birla Fashion and Retail Ltd (ABFRL), which retails brands such as Louis Philippe, Peter England and Van Heusen, executed the acquisition of ethnic apparel and lifestyle retailer Jaypore.
The deal will help ABFRL that also retails men and women’s western wear to tap into the fast-growing ethnic apparel market.
Aditya Birla Fashion and Retail Limited manufactures and retails clothing, footwear, and leather products. The Company, led by Ashish Dikshit, Jagdish Bajaj and V Gopalakrishnan, offers western, ethnic, formal, party, and active wear for men, women, and kids, as well as footwear, handbags, cosmetics, perfumes, fashion jewelries, and watches.
Khaitan & Co advised Aditya Birla Fashion and Retail Limited on the deal with a team including Vineet Shingal (Picture), Kapish Mandhyan, Shailesh Singh and Tanvi Arora.
Involved fees earner: Vineet Shingal – Khaitan & Co.;
Law Firms: Khaitan & Co.;
Clients: Aditya Birla Fashion and Retail Ltd;