New Delhi: Reliance Brands through its wholly owned subsidiary in UK (RBUK), has on Wednesday signed a definitive agreement to enter a joint venture with UK-based Superdry PLC, marking a significant new chapter in its partnership with Superdry PLC. Reliance Brands Limited (RBL) is a subsidiary of Reliance Retail Ventures Limited and began operations in…
Fair trade regulator CCI on Tuesday approved the acquisition of 1.74% equity stake of Lenskart Solutions by Kedaara Capital Fund III LLP. Lenskart Solutions is into the business of eyewear products, while Kedaara Capital Fund III LLP is a Sebi-registered Alternative Investment Fund (AIF). The latter is part of the Kedaara Group. In a tweet…
BENGALURU: UK’s struggling fashion retailer Superdry said on Wednesday it would sell its intellectual property assets in South Asia to Reliance Retail, India’s largest retailer, for 40 million pounds ($48.27 million) via a joint venture. Superdry – which has been grappling with weak orders from wholesale partners cautious on stock levels and liquidity – said…
New Delhi: ETRetail is all set to present its inaugural Fashion and Apparel Innovation Summit 2023 (FAIS 2023) on October 5th at the Hyatt Regency in New Delhi. This summit promises to be a defining moment for the fashion and apparel industry bringing together more than 30 Fashion, Lifestyle, Footwear & accessories brand leaders, celebrities,…
Swades actress Gayatri Joshi and husband Vikas Oberoi are currently in Italy, where their vehicle met with an accident. Their car was involved in a multiple-car collision.According to reports, Gayatri and Vikas’ car crashed into other vehicles and a camper car. The accident reportedly took place as a Lamborgini and Ferrari tried to overtake a…
