LUX Industries
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Franchise India Bureau Jul 03 2018 - 1 min readThe board of hosiery major Lux Industries has approved the merger of two promoter group companies — J M Hosiery and Ebell Fashions — with the company in a non-cash deal at a combined valuation of Rs 861 crore. This deal, according to the company, will help minority shareholders to unlock ...
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Franchise India Bureau Sep 29 2017 - 2 min readKolkata-based hosiery maker Lux Group has reworked its growth strategy to target youth, and expects to clock Rs 2,000 crore sales by 2020, on the back of premiumisation of its innerwear brands and portfolio extensions, a company executive said.Udit Todi, Senior Vice President, Lux Industries, said, "Our focus is on creating an enduring institution that ...