Future Lifestyle Fashion bets big on six ‘Power Brands’ for future growth

  New Delhi: New Delhi:Kishore Biyani-led Future Lifestyle Fashion (FLF) has identified six brands in its portfolio which will give the company next stage of growth and profitability, it said in investors presentation. The company is calling them Power Brands and they together are expected to constitute 65%-70% to own brand sales by financial year 2020. The brands on which the company will put more focus are denim brand Lee Cooper, men’s fashion brand John Miller, casual and sportswear brand Scullers, plus size unisex brand All, club wear brand Indigo…

Read More

AccorHotels creates lifestyle division for boutique brands

AccorHotels (ACCP.PA), Europe’s largest hotel group, is creating a new lifestyle division to pool its fast-growing “boutique” hotel brands, the company said on Monday. From Feb. 1, Cedric Gobilliard will head the division, which comprises the Jo&Joe youth hostel brand and AccorHotels’ stakes in Germany’s 25hours Hotels and France’s MamaShelter brands. Boutique hotels are usually small, stylishly-designed, upmarket hotels that have proved particularly popular with so-called “millennials” – a term used for the tech-savvy generation born after 1980. Leading hotel operators such as AccorHotels and rivals Marriott (MAR.O), Hilton (HLT.N)…

Read More