Future Ventures increases stake in garment retailer ILCL

Future Ventures India Ltd, has reportedly announced that it has acquired another 5.14% stake in Indus-League Clothing Ltd.

According to reports, Future Ventures has now increased its holding in the garment retailer to 90.84%. The deal size however was not disclosed.

Indus-League has brands like Indigo Nation, John Miller, Scullers and Urban Yoga and has a market presence in India, Sri Lanka and the Middle Eastern countries.