Mother Earth news and archive

Future Retail increases stake in Mother Earth

Future Lifestyle Fashions has increased its stake in Mother Earth brand to over 72 percent. “The company has made further investment in Indus Tree Crafts (ITCPL) to increase its total stake from 63.34 percent to 72.16 percent," Future Lifestyle Fashions said in a BSE filing. Neelam Chibber, Managing Director of Industree Crafts runs Mother...

Apparel

Future Group bets big on Mother Earth chain

After selling controlling stake in Pantaloon Retail to Aditya BirlaNuvo to ease its debt burden, Future Group is concentrating on perking up its Mother Earth chain by following the business model of its rival Fabindia. According to sources, Mother Earth is looking at opening more than 100 outlets and focus on apparel, linens and accessories,...