Tag: Reliance

Retail Asia22/09/2022
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2min0
Reliance Retail, run by Indian billionaire Mukesh Ambani’s conglomerate Reliance Industries Ltd, is in advanced talks to get the rights for beauty retailer Sephora in India, the Mint newspaper reported on Wednesday, citing two people familiar with the matter. Sephora’s operations will transfer from Arvind Fashions Ltd to Reliance Retail if an agreement is reached, according to […]

Retail Asia30/08/2022
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4min0
India’s telecom leader Reliance said on Monday it is working with Alphabet’s Google to launch a budget 5G smartphone as it laid out a $25 billion plan for introducing the next-generation wireless services within two months. Speaking at the company’s annual general meeting, Reliance Chairman Mukesh Ambani said Jio’s 5G network will be the world’s largest, launching in […]

Retail Asia08/07/2022
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3min0
Reliance Retail Ltd on Wednesday announced its long-term partnership with Gap and plans to bring the iconic American fashion brand to India. “Through a long-term franchise agreement, Reliance Retail has become the official retailer for Gap across all channels in India,” said a joint statement. Reliance Retail will introduce Gap’s offerings to Indian consumers through […]

Retail Asia23/12/2020
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7min0
The Delhi High Court on Monday refused to restrain Jeff Bezos-led Amazon from interfering in Kishore Biyani-headed Future Retail’s $3.4 billion deal with Mukesh Ambani-owned Reliance Retail by writing to statutory authorities. The order was pronounced by a Single Judge Bench of Justice Mukta Gupta in the suit by Future Retail Ltd after an Emergency Arbitrator of the Singapore International Arbitration […]

Retail Asia26/03/2020
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1min0
Reliance Retail Ventures Limited has bought Indian retailer Shri Kannan Departmental Store for US$20 million. “The investment will further strengthen the group’s retail operations and presence in the state of Tamil Nadu and will further enable retail and new commerce initiatives,” said a spokesperson for Reliance. With this acquisition, Reliance Retail has started a “new […]

Retail Asia10/02/2020
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1min0
Indian retailer Reliance Brands is to launch Spanish fashion label Balenciaga in India. The move comes shortly after Reliance signed a deal to bring US luxury jewelry brand Tiffany and Co to India last July, with the first store opening last month in New Delhi. The first Balenciaga in India store will open in the Jio […]

Retail Asia04/02/2020
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1min0
Indian conglomerate Reliance Industries is launching a Michelin-star restaurant in Mumbai in partnership with Italian luxury firm Emporio Armani. The first Armani Cafe venue is set to open in the firm’s upcoming luxury Bandra Kurla mall, the Jio World Centre. Armani restaurants have opened in several major cities among 20 international locations. Reliance is the […]

Retail Asia08/01/2020
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1min0
Indian conglomerate Reliance Industries is moving to take on Amazon in India by founding a new digital retail platform. The firm, led by billionaire Mukesh Ambani, has of late been engaged in testing to refine its new online shopping portal JioMart, which is expected to list more than 50,000 grocery items. Select customers who pre-register […]


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