Chinese fast fashion giant Shein is believed to be looking to accelerate its supply chain operations in India alongside its current partner in the region, Reliance Retail. The duo are reportedly aiming to initially sell “India-made” Shein products via its British and US website within the next six to 12 months, according to sources for Reuters....
10 Jun 2025
US luxury department store Saks Fifth Avenue has established a franchise agreement in India with the country’s retail giant, Reliance Retail. This was announced in Reliance Industries’ consolidated results for the quarter ended 31 December, 2024. Here, the group, the parent company of Reliance Retail, revealed that its Premium Brands business...
21 Jan 2025
Indian retailer Reliance Retail and Delta Galil, manufacturer and marketer of intimate, activewear, loungewear and denim apparel have announced a 50/50 strategic partnership in India. The company said in a release that through this partnership Delta Galil plans to expand its footprint in the growing Indian market, offering its portfolio of...
11 Sept 2024
Footwear specialist Clarks is understood to have terminated its joint venture contract with India’s Reliance Retail which could result in the closure of all of its stores in the region. It is believed that the two companies made the decision following “substantial disagreements” over certain terms of their partnership, sources familiar with the...
26 Aug 2024
Chinese fast fashion giant Shein is believed to be set to embark on a new journey into India, where it has reportedly struck a deal with Reliance Retail Ventures. According to a report from the Economic Times (ET), Shein products will be sold by Reliance Retail’s app and brick-and-mortar stores, through a deal that is believed to have already...
5 Jul 2024
Following heightened media speculation, British e-tailer Asos has now confirmed that it will be entering the Indian market through a new long-term partnership with the country’s Reliance Retail. With the deal, Reliance Retail will serve as the exclusive retail partner for Asos across all online and offline channels in India. It has been tasked...
17 May 2024
Asos is believed to be considering an entry into the Indian market, as discussions between the e-commerce retailer and the region’s Reliance Retail are said to be underway. A source for Indiaretailing reported that the talks had been happening for a while yet an agreement had not yet been reached. According to the media outlet, a deal could...
7 Mar 2024
British retailer Superdry has signed an IP joint venture agreement with India’s Reliance Brands Holding UK (RBUK) for the sale of its South Asia intellectual property assets, including the Superdry brand and related trademarks in India, Sri Lanka, and Bangladesh. In a statement, struggling Superdry said that RBUK, which is held by Reliance...
4 Oct 2023
Indian retail group Reliance Retail Limited has announced a new long-term partnership with Gap Inc. which will see the American brand enter India through a franchise agreement. As part of the deal, Reliance Retail has become the official retailer for Gap across all channels in the region. The company will bring the brand’s latest fashion...
7 Jul 2022
Indian retail tycoon Mukesh Ambani is reportedly a potential suitor for Debenhams. Ambani’s Reliance Retail empire, which earlier this year bought British toy store Hamleys, is one of a small batch of companies in talks with Debenhams’ advisers about acquiring part or all of the company, Sky News reports. Sources told Sky that there was no...
24 Sept 2020
Billionaire Mukesh Ambani's Reliance Industries Limited announced that its unit Reliance Retail Ventures Limited or RRVL has acquired Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group for lump sum aggregate consideration of 24,713 crore Indian rupees. Reliance specified that the acquisition is being done...
31 Aug 2020
