FLF to pick up stake in fashion & lifestyle brands

Future Lifestyle Fashions (FLF), the demerged entity of Future Retail and Future Ventures plans to buy out Bangalore based garment chain Coupon, and pick up controlling stake in New Delhi based apparel brand Giovani Fashion, and significant stake in department chain Ritu Wears, Biglife and Famozi footwear chain.

In an official statement the company has said it is looking to fortify its presence in North India. As per the statement, “North is one of the biggest consumption centers and we plan to acquire a few brands and retailers to expand distribution.”