×
51
Fashion Jobs
ESTÉE LAUDER
Mac Cosmetics - Area Sales And Education Manager (Ireland)
Permanent · Dublin
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Cork - 18 Hours - Part-Time - Permanent
Permanent · Cork
ESTÉE LAUDER
Clinique - Consultant - Brown Thomas, Limerick - 11 Hours - Part Time, Permanent
Permanent · Limerick
L'OREAL GROUP
l'Oréal Designer Fragrances Mobile Fragrance Consultant
Permanent · Dublin
FOOT LOCKER
Manager Treasury Operations
Permanent · Dublin 1
L'OREAL GROUP
Lancôme Deputy Account Manager Brown Thomas Dublin
Permanent · Dublin
L'OREAL GROUP
Giorgio Armani Beauty Business Manager - Brown Thomas Limerick
Permanent · Limerick
ESTÉE LAUDER
le Labo - Fragrance Specialist - Brown Thomas, Cork - 30 Hours - Full Time, Temporary
Fixed-term · Cork
ESTÉE LAUDER
le Labo - Fragrance Specialist - Brown Thomas, Cork - 37.5 Hours - Full Time, Temporary
Fixed-term · Cork
ESTÉE LAUDER
le Labo - Counter Manager - Brown Thomas, Cork - 37.5 Hours - Full Time, Temporary
Fixed-term · Cork
ESTÉE LAUDER
Tom Ford - Specialist - Brown Thomas, Dublin - 30 Hours - Full Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
jo Malone London - Stylist - Brown Thomas, Cork - 11 Hours - Part Time, Permanent
Permanent · Cork
ESTÉE LAUDER
Mac - Retail Manager - bt2, Dundrum - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
ESTÉE LAUDER
Bobbi Brown - Retail Artist - Brown Thomas, Galway - 22.5 Hours - Part Time , Permanent
Permanent · Galway
ESTÉE LAUDER
Estee Lauder - Beauty Advisor - Boots-Liffey Valley, Dublin - 15 Hours - Part Time, Temporary
Fixed-term · Dublin
ESTÉE LAUDER
jo Malone London - Stylist - Arnotts, Dublin - 15 Hours - Part Time, Permanent
Permanent · Dublin
TAPESTRY
Senior Sales Associate i - ce ir Kildare (40 Hours)
Permanent · Nurney Road
LEVI'S
24hr Keyholder. Keyholder Experience Essential
Permanent · Kildare
RALPH LAUREN
Department Manager
Permanent · Kildare
FOOT LOCKER
Sales Associate
Permanent · Limerick
FOOT LOCKER
Director Treasury Operations
Permanent · Dublin 1
FOOT LOCKER
Sales Associate
Permanent · Dublin 1
By
Reuters
Published
Jan 27, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

India's Aditya Birla Fashion to buy 51% of high-end Sabyasachi

By
Reuters
Published
Jan 27, 2021

India’s Aditya Birla Fashion and Retail Ltd said on Wednesday it would buy a 51% stake in the Sabyasachi brand, best known for high-end wedding wear favoured by Bollywood celebrities and rich business families.


Photo: Sabyasachi



The deal will see ABFRL inject 3.98 billion rupees ($54.53 million) into Sabyasachi Couture for the stake, ABFRL said in a statement to Indian stock exchanges.

The investment will allow ABFRL to strengthen its position in the largest and one of the fastest-growing fashion segments in the country, allowing it to tap into the luxury markets of clothing, jewellery and accessories, it said.

Sabyasachi Mukherjee, the brand’s founder, is one of India’s most-famous fashion designers whose intricate and bespoke designs have often been the top wedding-wear choice of movie stars like Priyanka Chopra and the family of Mukesh Ambani, India’s richest man.

Sabyasachi’s designs - though highly priced and out of reach of most middle-class Indians - are often copied and sold at deep discounts in local markets. The Vogue website on Wednesday listed one particular Sabyasachi wedding outfit’s price at 395,000 rupees ($5,407).

ABFRL’s statement quoted Mukherjee as saying the deal followed his efforts to find the right partner to “ensure continuity and long-term sustainable growth”.

ABFRL - which operates more than 3,000 stores in India - also manufactures famous Indian apparel brands and owns a retail chain named Pantaloons. It owns the rights to sell Forever 21, American Eagle Outfitters and Ralph Lauren branded clothes in India.

© Thomson Reuters 2021 All rights reserved.