Aditya Birla Fashion and Retail Ltd (ABFRL), which owns brands such as Louis Philippe, Peter England and Van Heusen, [...] said it has acquired a 51% stake in Finesse International Design that retails bespoke ceremonial wear and contemporary apparel for men and women under the Shantanu and Nikhil brand for ₹60 crore.
— Mint
Khaitan & Co advised Aditya Birla Fashion and Retail Limited led by a team of of partner Vineet Shingal, principal associate Labanyendu Das, associate Pratik Jain, associate Julie Roy and associate Vaibhavi Tadwalkar.
L&L Partners advised fashion designers Shantanu & Nikhil and Finesse International Design Private Limited led by a team of partners Sundeep Dudeja and Vaibhav Kakkar, managing associates Prashant Shah and Avisha Gupta and associate Keshav Pareek.
2019-07-15
Deal value: USD 9 million approx
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I really like their collection and my wedding date is later this year.
Can anyone from KCO or Luthra please shed some light on this? Thanks in advance.
Not picking up on the ILFS CAM Uday Kotak conflict? Indian express reports on a complaint and ilfs now looking at other firms.
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