Reliance Brands Ltd., through its wholly owned subsidiary in the UK, enters a joint venture with UK-based Superdry Plc. The joint venture entity will acquire Superdry’s intellectual property assets for India, Sri Lanka and Bangladesh.
Tag: reliance-brands
Reliance’s Strategic Investment in Indian Fashion Designers
Reliance Industries has invested in two prominent Indian fashion designers, Manish Malhotra and Ritu Kumar. It acquired a 40% stake in Malhotra’s MM Styles and a 52% stake in Kumar’s Ritika Pvt. Ltd. These partnerships aim to enhance the brands’ growth and promote Indian craftsmanship in global markets.
A new shopping destination
Reliance Industries unveiled its premium retail destination, Jio World Drive in Mumbai’s commercial centre, Bandra Kurla Complex.
Corporatising the designer
Aditya Birla Fashion Retail Ltd. has acquired a 51% stake in designer Sabyasachi Mukherjee’s brand, enhancing its ethnic wear portfolio. This partnership reflects a growing trend in India where fashion designers collaborate with corporations for sustainable growth and market reach, prompting discussions about the future of Indian fashion in a corporatized landscape.
The blue box is here!
The blue box is here!
Luxury bags come calling
Luxury bags come calling