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Toy retailer Hamleys is set to have its fourth owner in 15 years since it was taken private by an Icelandic investor. According to multiple Indian news media reports, Reliance Retail is in the final stages of negotiations with China’s C.Banner International,…
Indian conglomerate Reliance Industries will expand its low-cost fashion store network Reliance Trends to 2500 locations within five years. The chain currently has just 557 stores in 160 cites, and will target a presence in 140 more, involving deeper…
A week after Reliance Industries (RIL) reported a 8.82 percent rise in consolidated net profit for its third quarter at Rs 10,251 crore, global financial services firm UBS on Thursday said the Mukesh Ambani-led RIL has the true potential to evolve from an…
Healthy festive season sales and new store openings led Reliance Industries’ organised retail business — Reliance Retail — to report a 89.3 per cent rise in its revenue for the third quarter of 2018-19. The firm’s revenue figure was disclosed under the…
Williams-Sonoma and Reliance Brands plan to launch Pottery Barn and West Elm in India through a franchise agreement. The opening of the brands’ first stores will be in Mumbai in early 2020, along with the launch of e-commerce websites. President and CEO of…
Reliance Jewels, one of India’s leading fine jewellery brands, launched its flagship showroom in Ranchi. As Jharkhand, a state with immense natural resources races towards being the new business destination in eastern India, Reliance Jewels is glad to be part…
Owned by India’s richest man Mukesh Ambani, Reliance is negotiating with more than a dozen banks to arrange the loans in single or multiple tranches as it rolls out an optical-fiber network and sets up more retail stores. This loans are to refinance existing…
Indian conglomerate Reliance Group, parent company of Reliance Communications (RCom), has teamed up with Cisco Jasper to launch a new dedicated IoT venture in the market. The new venture, UNLIMIT, will provide enterprise customers throughout India with a…
Reliance Retail is not just the largest retailer in India in terms of revenues, but is also the biggest in most of the categories it operates in. With 1,000 stores, Reliance Digital has become the largest consumer durables and electronics retail chain in the…
