E-Land Group news and archive

Korean retail major E-Land eyes Spykar acquisition

South Korean retail major E-Land Group and private equity firm India Value Fund (IVF) are said to have signed non-binding agreements to acquire controlling stake in home-grown denim brand Spykar Lifestyle. Earlier it was reported that Spencer’s Retail, Flagship Company of RP-Sanjiv Goenka Group had joined the race to acquire the biggest domestic...

Apparel

Mudra to sell stake to E-Land

South Korean lifestyle conglomerate E-Land Group may pick up a majority stake in Mudra Lifestyle, an integrated textile company. The promoters of Mudra Lifestyle, the Agarwal family, currently hold a 54.4 per cent stake. The Rs 365 crores Mudra Lifestyle is into fabrics and garment-making. It also processes and designs apparels. Besides, E-Land...