New Delhi: Mothercare has entered into a joint venture with Reliance Brands Holding UK (RBL UK), marking a strategic shift in their South Asian operations. The new entity, owned 51% by Reliance and 49% by Mothercare, will manage the Mothercare brand across India, Nepal, Sri Lanka, Bhutan, and Bangladesh. RBL UK will acquire the stake…
Representative Image Luxury watch, jewellery, fashion and apparel brands leased 600,000 square feet space in 2023, up from 230,000 sq ft in the previous year and the highest in six years, amid robust demand in the premium consumer segment. According to CBRE data, the share of luxury brands in overall leasing surged to 9% in…
PARIS – Fashion group SMCP, owner of French fashion labels Sandro and Maje, said on Thursday it signed a deal with Reliance to expand into India and will join other high-end European brands opening stores in the Jio World Plaza mall in Mumbai. “There aren’t a lot of accessible luxury fashion labels in India so…
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…
More than a dozen luxury consumer goods brands are entering the country ahead of the festive season, as they look to attract consumers in a market riding on the growing affluence of Indians with higher incomes, spurring greater discretionary spending even in small towns. The trend is being driven by increased exposure to global trends,…
