Reliance Brands news and archive

Indian ‘Retail King’ Darshan Mehta (64) passes away

Entrepreneur Darshan Mehta has passed away at the age of 64. The news was announced by the Fashion Design Council of India on Instagram. “A legend is no more,” the council writes. The FDCI calls Mehta the retail king of India. The entrepreneur was active at Reliance Brands Limited (a subsidiary of Reliance Industries Limited) for 17 years....

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SMCP expands into India with Reliance Brands

Luxury conglomerate SMCP has announced that it will be taking its first steps into India as a continuation of its international expansion strategy. The move comes via a partnership with Reliance Brands Limited, a luxury and premium trade firm that will become the exclusive distributor of the Sandro and Maje brands in the market. “This new...

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Superdry to accelerate growth in India with Reliance Brands

British retailer Superdry has signed an IP joint venture agreement with India’s Reliance Brands Holding UK (RBUK) for the sale of its South Asia intellectual property assets, including the Superdry brand and related trademarks in India, Sri Lanka, and Bangladesh. In a statement, struggling Superdry said that RBUK, which is held by Reliance...

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Balenciaga strikes deal with Reliance Brands to bring brand to India

Luxury brand Balenciaga has signed a strategic deal with Reliance Brands Limited (RBL), which will see the couture label enter the Indian market. The long-term franchise agreement will make RBL Balenciaga’s exclusive partner in the region and marks the branding agency’s second deal with a Kering-owned label. It previously struck a similar...

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Valentino to launch in India with Reliance Brands

Valentino has inked a long-term distribution deal with Reliance Brands Limited (RBL) to launch the Italian fashion house in India. Through the partnership, RBL will open Valentino’s first boutique in the country in Delhi by the end of the summer. The 1,740 square-foot boutique in DLF Emporio will carry Valentino women’s collections and an edited...

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Reliance Brands strikes agreement with Tod’s for Indian market

Fashion brand operator Reliance Brands Limited (RBL) has announced it has established a long-term franchise agreement with Tod’s that will see the firm become the official retailer of the brand in the Indian market. The deal oversees all of the Italian brand’s categories, including footwear, handbags and accessories. The management of Tod’s...

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Reliance Brands and Rahul Mishra team up to launch ready-to-wear brand

Through a joint venture, luxury label developer Reliance Brands Limited (RBL) has partnered with Indian fashion designer Rahul Mishra to launch a new ready-to-wear business, with Mishra as creative director. The duo plans to globally grow the brand and spread its reach across multiple categories, including accessories, footwear, home, beauty and...

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Reliance Brands launches Balenciaga in India

Reliance Brands has launched luxury fashion house Balenciaga to India. Balenciaga founded in Spain in 1895 has stores in Japan, Greece, Australia, Canada, Hong Kong, Indonesia, and the Chinese Mainland. The iconic brand is known to have played a significant role in shaping global fashion through its haute couture creations and its modernistic...

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Reliance Retail Q3 pre-tax profit grows 62 per cent

Mukesh Ambani-led Reliance Retail posted a 62.3 per cent jump in earnings before interest, tax, depreciation and amortization (EBITDA) to Rs 2,727 crore for the third quarter of the financial year 2019-20. The company had posted EBITDA of Rs 1,680 crore during the corresponding period last year. Revenue for the quarter under review grew by 27.4...

Retail

Reliance Brands to add more stores with more brands

Reliance Brands continues to open new stores and tie up with more brands to expand its portfolio horizontally to offer more categories. An arm of Reliance Industries, Reliance Brands sells affordable luxury and premium brands in India. The company owns the biggest chunk of the mid- to high-end of the fashion market. Setting up luxury stores can...

Retail

Superdry targets India’s millennials with new campaign

Superdry has launched a campaign in India through which the brand aims to break the norms, celebrate individuality and inspire millennials. The video campaign features celebrities like Kubbra Sait, Jim Sarbh, Aparshakti Khurrana, Tahira Kashyap, and Guru Randhawa and is expected to give a boost and enhance the visibility of Superdry in India....

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Reliance Brands increases stake in luxe apparel firm Future 101

Reliance Brands has increased its stake in Future 101 Design by 2.5 per cent. The investment does not fall within related party transaction and none of the company’s promoters or promoter group or group companies has an interest in Future101. Luxury apparel firm Future101 reported an annual turnover of Rs 27.91 crores, Rs 22.18 crores and Rs...