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Myntra acquires majority stake in Hrithik Roshan’s HRX

Friday, August 12, 2016 | More »

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Flipkart-backed Myntra has acquired a majority stake in fitness and sportswear brand HRX, co-owned by Bollywood actor Hrithik Roshan and Exceed Entertainment, it said in a statement. Myntra said the move will help augment its private label business. HRX will now be able to leverage benefits exclusiv...

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Myntra to acquire Hrithik Roshan’s HRX to boost revenue from private labels

Flipkart-owned lifestyle e-commerce venture Myntra Designs Pvt. Ltd is in advanced discussions to buy a majority stake in fitness and sportswear brand HRX, launched by actor Hrithik Roshan, as it accelerates its efforts to increase the contribution of private labels to its sales. A Myntra spokespers...

20 July, 2016 | More »