Brands
Iconic American Brand Cole Haan Steps into Noida
MUMBAI: Iconic American footwear and accessories brand Cole Haan is now in India. Launched by Arvind Sports Lifestyle Limited, a subsidiary of Arvind Limited, India’s Lifestyle Brands and Apparel Major, Cole Haan’s first store in the country has opened its doors in DLF Mall of India in Noida.
Known for its exceptional craftsmanship and timeless style, the brand focuses on elegant innovation to differentiate itself. Cole Haan stands for its commitment to craftsmanship, timeless style and design innovation.
The men’s Spring Summer 2016 comprises products like the lightweight Zerogrand and the Pinch Campus Penny Loafers which have a stamp of Cole Haan’s elegant innovation coupled with timeless style. The women’s wear collection is versatile with products like comfortable stilettoes, Wedges, bellies, penny loafers and thong sandals which are chic and stylish yet highly functional.
The Cole Haan store is now open at DLF Mall of India, Noida.
Prices – Rs. 4999 onwards
Brands
Magnum Ice Cream Netherlands takes control of Kwality Wall’s India from Unilever
61.9 per cent stake transfer reshapes ownership as Unilever exits promoter role
MUMBAI: Kwality Wall’s (India) Limited has entered a new chapter, with The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. acquiring a controlling 61.9 per cent stake from a clutch of Unilever PLC-led entities, marking a significant shift in ownership.
The transaction, completed on March 30, 2026, follows a share purchase agreement signed in June 2025. The incoming promoter picked up over 145 crore equity shares, effectively taking control of the company and being formally classified as its new promoter under regulatory norms.
As part of the deal, the outgoing promoter group, including Unilever Group Limited and its affiliated entities, has fully exited its shareholding in the company. They have now been reclassified from promoter to public shareholders, closing a long-standing association with the ice cream business in India.
The board of Kwality Wall’s (India) Limited took note of the ownership change and approved a series of leadership updates alongside it. Ritesh Tiwari stepped down as director, while Abhijit Bhattacharya was appointed as chairperson and additional non-executive director. Tahir Toloy Tanridagli also joined the board as an additional non-executive director.
The reshuffle signals a broader strategic reset as the Magnum-led entity looks to steer the brand’s next phase of growth in India. The transition has been carried out in line with regulatory requirements, including disclosures tied to the open offer and reclassification norms under market regulations.
With Unilever stepping back and Magnum stepping in, Kwality Wall’s India is effectively getting a fresh scoop of leadership and direction. The coming months will reveal how the new promoter plans to scale the brand in one of the world’s most competitive ice cream markets.
