Reliance

Retail Asia16/08/2019

Amazon is in talks with Reliance Industries Ltd’s retail unit to buy a stake in India’s biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters. Amazon’s massive online presence could help bolster Reliance’s consumer and private labels business. More importantly, a partnership would help the duo counter Walmart, which last year invested […]

Retail Asia01/08/2019

Reliance Brands is launching two of its US brands – lifestyle label Tory Burch and jeweller Tiffany & Co in India. The brands will set up shop at Jio World Centre mall in Mumbai in April next year. The move is Tiffany & Co’s third attempt to establish a presence in India, following a growing […]

Retail Asia07/05/2019

Toy retailer Hamleys is set to have its fourth owner in 15 years since it was taken private by an Icelandic investor. According to multiple Indian news media reports, Reliance Retail is in the final stages of negotiations with China’s C.Banner International, which has been trying to find a buyer since last October, after three […]

Retail Asia18/03/2019

Indian conglomerate Reliance Industries will expand its low-cost fashion store network Reliance Trends to 2500 locations within five years. The chain currently has just 557 stores in 160 cites, and will target a presence in 140 more, involving deeper penetration into tier 3 and 4 cities. The planned expansion will involve an integration with the […]

Retail Asia30/01/2019

A week after Reliance Industries (RIL) reported a 8.82 percent rise in consolidated net profit for its third quarter at Rs 10,251 crore, global financial services firm UBS on Thursday said the Mukesh Ambani-led RIL has the true potential to evolve from an integrated energy company into a consumer giant like Amazon or Alibaba. In a comprehensive 100-page report, UBS […]

Retail Asia28/01/2019

Healthy festive season sales and new store openings led Reliance Industries’ organised retail business — Reliance Retail — to report a 89.3 per cent rise in its revenue for the third quarter of 2018-19. The firm’s revenue figure was disclosed under the Reliance Industries (RIL)’s third quarter results, on Thursday. Accordingly, the firm’s revenue for 3Q FY19 […]

Retail Asia20/11/2018

Williams-Sonoma and Reliance Brands plan to launch Pottery Barn and West Elm in India through a franchise agreement. The opening of the brands’ first stores will be in Mumbai in early 2020, along with the launch of e-commerce websites. President and CEO of Williams-Sonoma Laura Alber said the partnership with Reliance marks part of the […]

Retail Asia08/09/2018

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Reliance Jewels, one of India’s leading fine jewellery brands, launched its flagship showroom in Ranchi. As Jharkhand, a state with immense natural resources races towards being the new business destination in eastern India, Reliance Jewels is glad to be part of its journey. Reliance Jewels’ Ranchi showroom is the third showroom in Jharkhand after Jamshedpur and Dhanbad. […]

Retail Asia20/07/2018

Owned by India’s richest man Mukesh Ambani, Reliance is negotiating with more than a dozen banks to arrange the loans in single or multiple tranches as it rolls out an optical-fiber network and sets up more retail stores. This loans are to refinance existing offshore debt raised about two and a half years ago and […]

Retail Asia23/11/2016

Indian conglomerate Reliance Group, parent company of Reliance Communications (RCom), has teamed up with Cisco Jasper to launch a new dedicated IoT venture in the market. The new venture, UNLIMIT, will provide enterprise customers throughout India with a service that combines the RCom mobile network with Cisco Jasper’s IoT connectivity management platform. As part of […]

Retail Asia23/04/2015

Reliance Retail is not just the largest retailer in India in terms of revenues, but is also the biggest in most of the categories it operates in. With 1,000 stores, Reliance Digital has become the largest consumer durables and electronics retail chain in the country. Tata-owned Croma runs 97 stores while Videocon’s durables chain, Next, […]

Tag: Reliance

Amazon in talks over Reliance Retail

Reliance to launch Tory Burch, Tiffany in India

Hamley’s set to be sold to Indian Toy Retailer

Indian fashion chain Reliance Trends to open over 2,000 stores

Reliance has true potential to evolve into India’s Amazon or Alibaba

Reliance Retail Q3 revenue up 89.3 percent

Reliance to open Pottery Barn in India

Reliance Jewels unveils its flagship outlet in Ranchi

India Reliance to borrow US$2.5 billion to refinance debt

Reliance Group launches dedicated IoT venture

Reliance Industries retail chain now largest in India