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Reliance Retail

Venu Nair’s Quest to Reinvent the Shoppers Stop Mojo

Under the leadership of its managing director Venu Nair, India’s first department store chain Shoppers Stop is reinventing itself once again with a focus on beauty and private labels along with a host of other initiatives. The question is,...

Reliance Retail files Infra Investment Trust proposal with SEBI, to raise up to Rs40,000 crore

Reliance Retail plans to raise Rs 400 crore initially within the next two months through the trustNew Delhi: Reliance Retail has filed an infrastructure investment trust (InvIT) proposal on Friday with the country’s market regulator Securities and Exchange Board...

Reliance Retail exploring a tie up with US brand Old Navy

If the talks fructify, Old Navy would be the second brand from Gap’s stable to join forces with Reliance Retail New Delhi: Reliance Retail is exploring possibilities to bring Old Navy, a brand owned by US fashion group Gap Inc., to...

Reliance’s omnichannel beauty brand Tira opens outlet in Mumbai

Spread across 4,300 sq. ft., the store is located at Infiniti Mall, Malad in Mumbai  Mumbai: Reliance Retail’s omnichannel beauty platform Tira has launched its latest outlet in Mumbai, an official from Othr Lab announced on social media. Spread across...

From food to fashion, beauty to FMCG, Reliance is eyeing India’s vast value retailing market

The country’s largest retailer by sales and by number of stores has lined up a host of initiatives to capitalize on the opportunity the subsegment presentsNew Delhi: Reliance Retail is now trying to capture big-time a lucrative frontier of...

Reliance Retail’s Big Plans for Apparel Wholesale, Targeting Mom-and- pop Stores

Akhilesh Prasad, president and chief executive officer, fashion and lifestyle, Reliance Retail talks about the new strategies, categories and market, the brand is expanding intoReliance has started a B2B2C pilot in Pondicherry to provide the entire backend for mom-and-pops...

Reliance Retail crosses a billion transaction benchmark in FY23, to ramp up FMCG business

In FY23, Reliance Retail's digital commerce and new commerce businesses contributed to 18% of its revenue, which stood at Rs 2.60 lakh croreNew Delhi: Reliance Retail has crossed the milestone of a billion transactions in FY23 and its registered...

Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation

The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd  New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...

Reliance Retail to roll out value fashion brand Yousta; plans 250 stores

The new format will compete directly with Tata Group’s Zudio and Shoppers Stop’s IntuneNew Delhi: Reliance Retail is planning to roll out 200-250 stores of its value retail format in the coming years that will compete directly with Tata...

Apparel Group’s fashion brand R&B opens outlet in Calicut

The latest store, located at Gokulam Galleri Mall, will be the 2nd store of the brand in Calicut and 10th in India Mumbai: Retail fashion brand, Rare and Basics (R&B), owned by Apparel Group, has opened its latest outlet at Gokulam...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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