Future Lifestyle in JV with Travel Retail incorporates 4 new SPVs

31 May 2018 Evaluate

Future Lifestyle Fashions in joint venture (JV) with Travel Retail Services has incorporated four new Special Purpose Vehicles (SPVs) as Subsidiary Companies on May 30, 2018, in the ratio of 51:49, to carry on aforesaid objects at airports.

The company has incorporated SPVs namely FLFL Travel Retail West, FLFL Travel Retail Bhubaneswar, FLFL Travel Retail Lucknow and FLFL Travel Retail Guwahati. 

Earlier, Airports Authority of India, through an open competitive bidding process has awarded concession to Future Lifestyle Fashions and Travel Retail Services to develop, market, setup, operate, maintain and manage the Retail Outlets at airports located at Goa, Bhubaneswar, Lucknow and Guwahati.

Future Lifestyle Fashions is an integrated lifestyle brands and fashion retail company. The company operates a portfolio of brands that are well diversified across key growth categories like women’s wear, fast fashion and casual wear. 


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