The deal is valued at Rs 135 crore and upon completion, Arvind Youth Brands or AYBPL, which runs the Flying Machine brand, will now become its wholly-owned subsidiary Aimed at streamlining operations, ...

Flipkart sells entire 31.25% stake in Arvind Youth Brands to Arvind Fashion for ₹135 croreFlying Machine revenue has declined ~10% over the past three fiscal yearsDivestment aligns with Flipkart’s ...

Arvind Fashions is acquiring Flipkart India's stake in its Flying Machine business. The deal is valued at Rs 135 crore. This move will give Arvind Fashions full ownership of the denim brand. Flipkart ...

Walmart-owned ecommerce giant Flipkart, which has been liquidating its investments in local retail brand operators, has made another exit from a fashion retail firm in which it invested more than five ...

Adding to its selling spree in recent months, ecommerce major Flipkart will now be selling its entire stake in clothing brand Flying Machine’s parent Arvind Youth Brands Pvt Ltd (AYBPL) to Arvind ...

Arvind Fashions is engaged in the wholesale and retailing of owned and licensed branded apparels in India. With a host of renowned brands, both international and indigenous, like U.S. Polo Assn., ...