Future Ventures fashion spin-out buys 27.50% stake in Desi Belle
Future Lifestyle Fashions (FLF), the listed fashion retail unit that spun out of India’s Future Ventures, has acquired a 27.50% stake in the company behind the Desi Belle womenswear label.
In a regulatory filing, FLF said it had bought the minority stake in Resource World Exim Private Limited. Financial terms were not disclosed. Resource World sells "aspirational affordable fashion" through...
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