Chinese fast-fashion giant Shein has made its comeback to the Indian market through a dedicated mobile app launched by Reliance Retail, nearly five years after its ban during diplomatic tensions in 2020.The Shein India Fast Fashion app, available on both Android and iOS platforms, initially serves major cities including New Delhi, Mumbai, and Bengaluru, with…
India’s fast fashion business is gearing up for intense competition. The runaway success of Zudio, a brand owned by a Tata company, Trent, has prompted Reliance Retail Ventures Ltd to tie up with a Chinese fast fashion giant, Shein, which has made waves across the world, overtaking major global fashion brands. ET has reported that…
From mega-mergers to mass layoffs, this week in tech brought a whirlwind of major developments. A landmark deal between Reliance, Viacom18, and Disney is now completed, creating a new entertainment behemoth. Meanwhile, the global tech industry continues to grapple with layoffs as Boeing, AMD and Siemens announced significant job cuts. Additionally, Swiggy celebrated a successful…
The saga of owning the JioHotstar.com domain just took an unexpected twist. Dubai siblings – Jainam and Jivika, who purchased it from a Delhi-based app developer have now said that they are willing to ‘give’ the domain to ‘Team Reliance’ for free. Sharing an update on the website, the two wrote “With all the discussions…
Amazon Prime Video is reportedly planning to introduce advertisements for viewers in India starting next year. According to a report by Bloomberg, this move mirrors a change which the company has already implemented in the US. The report claims that Prime Video subscribers in Indian can expect to see ads interrupting their shows and movies…
Timberland, an American outdoor footwear and apparel brand, is back with Reliance Retail, as it now features on the catalogue of its fashion e-tail platform AJIO. Earlier, Timberland had to close its retail stores across India in 2015 due to stiff competition in the local market and conflict with a similar local brand Woodland. The…
Representative image Shein‘s British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the online fast-fashion group showed on Tuesday, as it prepares for a hotly debated listing in London. The annual revenue from the UK, Shein’s third-biggest market, was 38% more than it had previously reported for a 16-month…
Representative Image Encouraged by the runaway success of its apparel brand Zudio, which marries style with low price, Tata Group company Trent has now launched Zudio Beauty. The first store has opened in Bengaluru and Trent is planning to add more in top cities such as Gurugram, Pune and Hyderabad. Zudio Beauty is part of…
Reliance has formed an equal joint venture with Israeli apparel firm Delta Galil, one of the world’s innerwear makers to sell their global brands as well as design and make lingerie products in India. This will pitch them directly against Page Industries which is the leader in the segment with brands such as Jockey and…
Representative Image MUMBAI: Reliance Retail and UK-based footwear brand Clarks have terminated their joint-venture partnership inked two years ago. Sources said that differences had emerged between the two entities over the terms of the partnership and that the JV was not “working out”. Reliance Retail did not respond to queries. Clarks could not be immediately…
