Future Lifestyle Fashion news and archive

US private equity fund invests over 244 million dollars in Future Lifestyle Fashion

New York – U.S. private equity firm Blackstone has invested Rs 1,750 crore (244.2 million dollars) in Future Lifestyle Fashion (FLF), India’s Future Group’s flagship fashion business. FLF owns several retail chains including Central and Brand Factory. The agreement, announced over the weekend, is an equity and debt deal that the lifestyle...

Business

The world’s biggest private equity firm acquires 6 percent in Future Lifestyle Fashion

New York – Blackstone, the world’s biggest private equity firm has acquired about 6 percent stake in India’s Future Lifestyle Fashion, the flagship fashion business of Kishore Biyani-owned Future Group, for about Rs 545 crore (circa 80 million dollars.) As reported by the ‘Economic Times’ earlier this month, private equity firm Blackstone will...