After the success of Free Shopping Weekend (FSW) in 2016, Future Lifestyle Fashions Ltd...

Buy: Future Lifestyle Fashions ...

Emkay

After the success of Free Shopping Weekend (FSW) in 2016, Future Lifestyle Fashions Ltd (FLFL) announced FSW 2.0, which was spread over 22-26 Nov'17. FLFL has reported c.50% growth in FSW 2.0 with a total footfalls of 1.1mn shoppers. Issues in supply chain, change in positioning, coupled with higher discounts resulted in third party brands outperforming its owned/licensed brands. FLFL is focusing on 6 Power Brands with revamped designs, merchandising and supply chain to revive growth. of its debt. We expect the lower interest rate to curtail interest cost by c.Rs100mn each in FY19E and FY20E (versus our earlier estimates)....