Arvind Fashions to Buy Flipkart’s Stake for ₹135 Crore

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Deal Announcement

Arvind Fashions will acquire Flipkart Group’s stake in Arvind Youth Brands, making AYBPL a wholly owned subsidiary

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Flying Machine’s Digital Comeback

Over five years, Flying Machine has re-established itself as a strong, youth-focused brand across leading digital platforms

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Role of Flipkart Partnership

The Flipkart partnership helped Flying Machine emerge as a top casualwear brand online, targeting India’s fashion-conscious youth

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Management Commentary

MD & CEO Amisha Jain thanked Flipkart for its support, confirming Flying Machine will continue selling across Flipkart and other digital platforms

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Market Reaction

Arvind Fashions shares fell 1.47%, trading at ₹508.55 on the BSE after the announcement

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With Our Subscription Plans

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Arvind Fashions to Buy Flipkart’s Stake for ₹135 Crore

Deal AnnouncementArvind Fashions will acquire Flipkart Group’s stake in Arvind Youth Brands, making AYBPL a wholly owned subsidiary

Flying Machine’s Digital ComebackOver five years, Flying Machine has re-established itself as a strong, youth-focused brand across leading digital platforms

Role of Flipkart PartnershipThe Flipkart partnership helped Flying Machine emerge as a top casualwear brand online, targeting India’s fashion-conscious youth

Management Commentary MD & CEO Amisha Jain thanked Flipkart for its support, confirming Flying Machine will continue selling across Flipkart and other digital platforms

Market ReactionArvind Fashions shares fell 1.47%, trading at ₹508.55 on the BSE after the announcement