Future Group is an Indian private conglomerate, headquartered in Mumbai. 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. and also for having a notable presence in integrated foods and FMCG manufacturing sectors. Future Retail (initially Pantaloons Retail India Ltd (PRIL)) and Future Lifestyle Fashions, 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 50.1% stake sale of its fashion chain Pantaloons to Aditya Birla Group in order to reduce its debt of around INR80 billion (US$1.2 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.
Video Future Group
Businesses
Future Group is a corporate group and nearly all of its businesses are managed through its various operating companies based on the target sectors. For e.g., retail supermarket/hypermarket chains Big Bazaar, FBB, Food Bazaar, Food Hall, Hometown etc. are operated by its retail hand, Future Retail Ltd, while its fashion outlets Brand Factory, Central, Planet Sports etc. are operated via another of its subsidiaries, Future Lifestyle Fashions. With these many fashion outlets and supermarket, the group also promotes respectively, its fashion 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 Ltd. acquired the 98% from Actis Capital and other promoters. With that, Nilgiris is a fully owned subsidiary of Future Consumer Enterprises Ltd (FCEL).
Future Group's operating companies sorted by targeted markets
Retail
- Future Retail Ltd
- Future Lifestyle Fashion Ltd
- Future Consumer Limited
- Future Enterprises Limited
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
- HomeTown
- E Zone
- Foodhall
- Easyday
- Big Bazaar
- Nilgiris 1905
- Heritage Fresh
- HyperCity
Future Lifestyle Fashion Ltd
- Central
- Brand Factory
- Planet Sports
- I AM in
Products brands under Future Group in India
Maps Future Group
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
Joint Venture Partnerships
Generali Group
Generali is an Italian insurance company, having business in India through a joint venture with Future Group under the brand name Future Generali Insurance. Future Generali operates in India having through two primary legal entities namely Generali India Life Insurance Co. Ltd.(Life Insurance) and Generali India Insurance Co. Ltd.(Non-Life Insurance). Since 2013, Future Generali held talks of a possible merger with Larsen & Toubro Ltd to form a general insurance company but a year later, on 22 April, Future Group backed out of merger leading to premature closure of the talks
Staples Inc
Staples Inc. ,a United States-based office supply retailer, has a presence of over nine cities in India under the joint venture with Future Group. As of April 2013, Future Group has 60% stake in the partnership.
Skechers
Skechers entered India through a JV with Future Group in 2012.
Celio
French fashion Celio entered Indian markets in 2008 through a 50:50 joint venture with Future Group's then Retail hand, Pantaloons Retails India Ltd (now Future Retail Ltd). On November 2013, Celio hiked its stake in the joint venture to 65%
Clark
C&J Clark International Ltd. is a UK-based footwear and accessories retailer. The Future Group has entered into a 50:50 joint-venture (JV) to form 'Clarks Future Footwear Ltd'. The JV launched its first (1,600 sq ft.) stand-alone store in Connaught Place, Delhi on 19 April 2011. The brand seeks to gain a share of the premium segment in this category.
References
External links
- Official website
Source of the article : Wikipedia
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