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ABFRL looking for 49 percent stake in Bestseller India

Aditya Birla Fashion and Retail (ABFRL) is looking to buy a 49 per cent stake in Bestseller India. Bestseller India is the Indian arm of the Danish apparel company Bestseller and owns Vero Moda, Jack & Jones, and Only, brands that are aimed at millennials. Bestseller India’s pan-India presence over the last two years has increased and it hopes...

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