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Biyani's Future Group to buy up to 29.9% of Koovs for ₹140cr
short by Krishna Veera Vanamali / on Wednesday, 4 July, 2018
Future Lifestyle Fashions, part of the Kishore Biyani-led Future Group, has agreed to acquire up to 29.9% stake in online fashion retailer Koovs for about ₹140 crore. Future Lifestyle owns and markets about 30 brands through multi-brand outlets and company-operated chains such as Central and Brand Factory. The deal will reportedly make Future Group the largest shareholder in Koovs.
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