May 27, 2017 5:20 AM ET

Internet and Direct Marketing Retail

Company Overview of XS Brands Consultancy Private Limited

Company Overview

XS Brands Consultancy Private Limited retails belts, backpacks, wallets, clothing, and shoes through online portal and stores. The company was incorporated in 2010 and is based in Mumbai, India. As of August 12, 2016, XS Brands Consultancy Private Limited operates as a subsidiary of Myntra Designs Private Limited.

303, Oberoi Chambers Ii

Off. New Link Road

Andheri (west)

Mumbai,  400053

India

Founded in 2010

Key Executives for XS Brands Consultancy Private Limited

XS Brands Consultancy Private Limited does not have any Key Executives recorded.

XS Brands Consultancy Private Limited Key Developments

Myntra In Talks To Acquire Majority Stake In HRX

Myntra Designs Private Limited is in advanced discussions to buy a majority stake in XS Brands Consultancy Private Limited (HRX) launched by actor Hrithik Roshan, as it accelerates its efforts to increase the contribution of private labels to its sales. A Myntra spokesperson told TechCircle the company is working on the final modalities of the deal, which will be completed in a couple of weeks’ time. The spokesperson declined to divulge any financial details. “This deal will add an attractive sportswear and lifestyle brand in our private brands collection. Indians are looking to become healthier, more active and want more choice. Leaving aside a few international sports brands, there’s a lack of choice for consumers in sportswear and lifestyle and there’s massive scope to build a large brand in this segment. Buying an equity stake in HRX will align our vision with HRX’s over the long term,” Rajesh Narkar, Vice President of Myntra Fashion Brands, said.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 12, 2016
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