MUMBAI, MAY 16, 2024 (TBB BUREAU): Reliance Retail on Friday announced a strategic partnership with British online retailer ASOS to bring its fashion offerings to India. Under a long-term licensing agreement, Reliance Retail will serve as the exclusive retail partner for ASOS across all online and offline channels in India, the firm stated. ASOS, renowned for catering to young adults ...

TBB BUREAU MUMBAI, OCT 31, 2023 SBI Card and Reliance Retail have joined hands to launch lifestyle-focused credit card ‘Reliance SBI Card’ which will offer a holistic and rewarding shopping experience to customers. Reliance SBI Card allows cardholders to unlock rewards and benefits while transacting at Reliance Retail’s extensive and diverse ecosystem, ranging from fashion & lifestyle to grocery, consumer ...

TBB BUREAU MUMBAI, OCT 6, 2023 Abu Dhabi Investment Authority will invest Rs 4,966.80 crore into Reliance Retail Ventures Limited for a 0.59 per cent stake in the company, said Reliance Industries. ”This investment values RRVL at a pre-money equity value of Rs 8.381 lakh crore (USD 100.83 billion), which makes it among the top four companies by equity value ...

TBB BUREAU MUMBAI, JAN 21, 2023 Continuing its growth momentum, Reliance Retail has posted gross revenue of Rs 67,623 crore for the third quarter of the current fiscal (Q3FY23), registering a growth of 17 per cent year-on-year (Y-o-Y) basis. The business posted an EBITDA of Rs 4,773 crore, up 25 per cent Y-o-Y. Net profit for the quarter increased to ...

TBB BUREAU MUMBAI, OCT 25, 2022 Nothing much seemed to have changed in the bylanes of Nasirabad, a small cantonment town in Ajmer, Rajasthan. Tailoring shops dating back to the British Raj brushed shoulders with feral cattle, while anxious men on plump scooters ran their daily errands, squirming through tight corners like goldfish on steroids. They, however, slowed down in ...

TBB BUREAU MUMBAI/BHUBANESWAR, JULY 23, 2022 Despite cautious sentiments due to inflation-led strong macroeconomic headwinds, Reliance Retail delivered strong growth during the quarter on the back of its robust supply chain infrastructure, efficient sourcing and unmatched customer experience. The business continued to strengthen its infrastructure and consumer proposition by building new warehousing facilities, expanding the store network as well as ...

TBB BUREAU MUMBAI, MARCH 20, 2022 Reliance Industries Ltd (RIL) backed Retail Retail Ventures Ltd (RRVL) on Sunday said it acquired a majority stake in Purple Panda Fashions Private Limited which owns and operates the women’s lifestyle brand Clovia for Rs 950 crore. RRVL announced the acquisition of 89 percent equity stake in Purple Panda Fashions Private Limited with an ...