Article 9: Movers and Shakers of India - Future Group - Mr.Kishor Biyani
Future Group is an Indian conglomerate headquartered in Mumbai, Maharashtra, India. The company is known for having a significant prominence in Indian retail and fashion sectors, with popular supermarket chains like Big Bazaar and Food Bazaar, lifestyle stores like Brand Factory, Central etc. The group also has a notable presence in integrated foods and FMCG manufacturing sectors. Future Retail Limited and Future Lifestyle Fashions Limited, two operating companies of Future Group, are among the top retail companies listed in BSE with respect to assets, and in NSE with respect to market capitalization.
On May 2012, Future Group announced a 50.1% stake sale of its fashion chain Pantaloons to Aditya Birla Group in order to reduce its debt of around ₹80 billion (US$1.1 billion). To do so, Pantaloons fashion segment was demerged from Pantaloons Retail India Ltd; the latter was then merged into another subsidiary—Future Value Retail Ltd—and rechristened Future Retail Ltd.
Future Group is a corporate group and nearly all of its businesses are managed through its various operating companies based on the target sectors.[8] For e.g., retail supermarket/hypermarket chains Big Bazaar, FBB, Food Bazaar, Food Hall, Hometown etc. are operated by its retail division, Future Retail Limited, while its fashion and clothing outlets Brand Factory, Central, and Planet Sports are operated via another of its subsidiaries, Future Lifestyle Fashions Limited. With these many fashion outlets and supermarkets, the group also promotes its fashion and sports brands like Indigo Nation, Spalding, Lombard, Bare etc., and FMCGs like Tasty Treat, Fresh & Pure, Clean Mate, Ektaa, Premium Harvest, Sach etc. It also has operating companies to cater specifically to internal financial matters and consulting within its group of companies.
On November 21, 2014, Future Consumer Enterprises Limited. acquired the 98% from Actis Capital and other promoters. With that, Nilgiris is a fully owned subsidiary of Future Consumer Enterprises Limited (FCEL)
Future Group's operating companies sorted by targeted markets
Retail
- Future Retail Ltd
- Future Lifestyle Fashion Ltd
- Future Consumer Limited
- Future Enterprises Limited
- Swathi Tiffin Shop
Financial Services
- Future Capital Holdings (for internal financial services)
- Future Generali Life Insurance
- Future Generali General Insurance
- Future Ventures
Other Services
- Future Innoversity
- Future Supply Chains
- Future Brands
- Future Learning
Future Group retail services sorted by operating companies
- KORYO (Chinese Re-branding)
- Food Bazaar
- fbb
- Aadhaar Wholesale
- HomeTown
- E Zone
- Foodhall
- Easyday
- Big Bazaar
- Nilgiris 1905
- Heritage Fresh
- HyperCity
Future Lifestyle Fashion Ltd
Products brands under Future Group in India
Fashion and Lifestyle
- Indigo Nation
- Scullers
- John Millers
- All
- Rig
- Coverstory
- DJ&C
- Buffalo
- Hey
- Converse
- Bare
- Clarks
- Holii
- UMM
- Urban Yoga
Integrated Foods and FMCG
- NILGIRIS
- Tasty Treat
- Fresh & Pure
- Ektaa
- Premium Harvest
- Mera Swad
- Pratha
- Punya
- Sach
- Kosh
- Sunkist
- Kara
- TS
- Clean mate
- Care mate
- Swiss tempelle
- Baker street
- Golden Harvest
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Largest Retail Chain of Hypermarkets In India