Baby products retailer Prowl Germany to invest Rs.600 cr in India

  Mumbai: Prowl Germany UG, a multi-brand retailer of baby products, plans to invest Rs.600 crore in India in the next 4-5 years to set up a manufacturing plant and a chain of stores, said a senior company executive.   The company formed a distribution partnership in January with Kochi-based Zaal Commercial Pvt. Ltd for […]

Biyani front-runner to acquire Spykar

Future Group founder Kishore Biyani  has emerged as the surprise frontrunner to snap up homegrown denim brand Spykar, after Avigo Capital, which has majority stake, put it on the block last year. Biyani’s publicly traded investment company Future Ventures is in fairly advanced talks to buyout Spykar  Lifestyle in an all-cash or part cash and stock deal, […]

Riverside & European retailers eye Spykar

MUMBAI: Global buyout fund Riverside and three European fashion retailers are in the fray to acquire India’s biggest home-grown denim brand Spykar Lifestyles after Avigo Capital, which controls about 60% stake in the company, renewed plans to sell the business. Lincoln International is advising the seller on the deal with an expected enterprise valuation of […]