Iris Clothings acquires 51% stake in Infinia for athleisure push

Iris Clothings Limited announced the acquisition of a 51% stake in Infinia, marking its entry into India's fast-growing athleisure market. The move is aimed at diversifying product offerings and capturing new consumer segments. Financial terms were not disclosed, but the strategic pivot signals expansion beyond current apparel lines.

📊 STOCKS: IRIS | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #acquisition