The announcement was made by Reliance Retail's Isha Ambani, while she dedicated this centre to her mother and founder of the Reliance Foundation Nita Ambani.
The scope for market share gains by organised players, rapid store expansion to be funded by IPO proceeds as well as the attractive valuation make us positive on this public issue
The first AZORTE store of around 18,000 square feet opened recently in Bengaluru.
Reliance Retail says offerings at Reliance Centro have been carefully chosen to make it the go-to place for all fashion-conscious mid-premium sector customers. It said its newest brand will cater to the changing tastes of New Delhi's fashionistas and satisfy their demand for high-definition clothing for all seasons and age groups.
Limited period 'flash deals' will also be offered every three hours on the app where exclusive deals will be available on consumer durables and electronic gadgets such as laptops, smartwatches and smartphones.
Reliance Retail aims to expand Performax brand presence and establish the brand as India's leading sportswear brand with global recognition.
Isha Ambani, director of Reliance Retail Ventures Ltd, said on August 29 that the company would soon enter the packaged consumer goods segment. Here’s how the move would impact the segment and existing FMCG players.
On the valuation front, there are many moving parts which are still not priced in. 5G shift in telecom, traction in new energy value chain, retail & FMCG consumption growth in the hinterland and consolidation of leadership in legacy products are some of the factors to watch
RIL AGM 2022| JioMart will enable WhatsApp users in India to browse through its entire grocery catalog, add items to cart, and make the payment
The key announcements include Jio 5G aiming to reach every corner of India by the end of 2023, the telecom company collaborating with Qualcomm to develop 5G solutions, focus on new energy business, RIL's aim to transition from grey hydrogen to green hydrogen by 2025, among others.
Reliance Retail, the retail arm of an oil-to-telecom conglomerate, clocked an annual turnover of Rs 2 lakh crore in the financial year 2022, Chairman Mukesh Ambani said while speaking at the company’s annual general meeting on Monday.
4.5 billion visits to digital platforms in FY22, up 2.3X compared to the previous financial year
Speaking at the company's 45th annual general meeting, Isha Ambani, director, Reliance Retail Ventures Ltd, said that the company is setting foot in the FMCG segment with an objective of developing and delivering high-quality, affordable products.
According to the report, Thailand’s largest conglomerate, Charoen Pokphand (CP) Group, has placed a bid of about Rs 8,000 crore, or $1 billion, which almost matches the German wholesaler’s expectations
Reliance's green energy business may outperform other growth engines in 5-7 years, Chairman and Managing Director Mukesh Ambani told shareholders in a message in the company’s annual report for 2021-22
Traction in new age businesses such as retail, media, digital and renewables presents RIL significant scale and scope in times to come
Reliance Retail Q1 | Revenue in Q1FY22 was at Rs 38,563 crore. The sequential growth in Retail topline was nearly 1 percent.
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Reliance Retail would be using a mix of exclusive brand stores, multi-brand store expressions and digital commerce platforms to bring Gap's latest offerings to Indian consumers.
The independent directors also alleged that Amazon was attempting to acquire key assets of FRL on the cheap for Rs 7,000 crore through Samara.
Reliance is in final stages of negotiations with around 30 popular niche local consumer brands to fully acquire them
The company had reported a gross revenue of Rs 47,064 crore in the year-ago period.
Lingerie retailer Clovia is betting on Tier II and Tier III cities to drive sales in the post-pandemic era.
Reliance Retail acquired Clovia earlier this week after buying Amante and Zivame last year. What’s fuelling the interest in this segment?
Reliance has been making job offers to employees of the stores, which will ensure continuity for nearly 30,000 workers of Future Group's retail network.