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Aditya Birla Group's TMRW buys 16% stake in WROGN
short by / on Thursday, 20 June, 2024
Aditya Birla Group’s fashion and lifestyle venture TMRW has acquired a 16% stake in Universal Sportsbiz Private Limited (USPL), which operates Virat Kohli and Accel-backed youth fashion brand WROGN, for ₹125 crore (about $15 mn) in an all-cash deal. TMRW has acquired majority stakes in seven D2C fashion brands since its inception in 2022.
read more at Inc42