The acquisition includes 31 wholesale distribution centres, land and other assets owned by Metro
Through funds raised from the deal, Naturals is planning to expand its footprint across the country. It currently runs 700 salons in 20 states and is planning to increase that to 3,000 by 2025
With this, Reliance Retail will directly compete with Hindustan Unilever's Lakme and other brands like Geetanjali
The brand caters to requirements of sports and fitness enthusiasts
Entry of big companies such as Reliance Retail and Tata Consumer Products in the beverages segment is positive and will only help the category to expand, Coca-Cola President (India and Southwest Asia) Sanket Ray said on Tuesday. The entry of the two home-grown majors is a "great opportunity" albeit with enhanced competition and Coca-Cola India would invest to develop the market further and bring innovations to evolve the category and ultimately benefit the consumers, he said here in an interaction. Ray, however, said the entry of Reliance Retail and Tata Consumer Products can result in "some disruptions at the local level" leading to consolidation, but pricing will not be a game changer. "This category penetration is one of the lowest in FMCG. Coke and Pepsi do not have enough budget to get into that," he said when asked how the market dynamics would be with the entry of new players. Reliance Retail had acquired the home-grown brand Campa Cola signalling its intention to enter the
Reliance Retail is expanding its business into the fast-growing toy sector through its brand Rowan to operate in the affordable segment with a smaller shop size. The company was running its toy distribution business through Rowan. It has now brought this homegrown brand to the front end by opening its first EBO (exclusive brand outlet) at Gurugram in NCR in the last quarter with a store size of 1,400 sq feet. Under this new format, Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Industries, will have a range of affordable toys not only from the brand Rowan on its shelves but also from other brands, said an industry source. Reliance Retail also has the iconic British toy retail brand Hamleys in its fold. Hamleys is the world's oldest toy retailer and was acquired by Reliance in 2019, marking the first acquisition of a global retail brand by the company. Hamleys would continue to operate in the premium space, while brand Rowan would help Reliance Retail to tap the ...
Bottomline misses estimates, net revenue jumps 37.3 per cent YoY to Rs 2.3 trillion; to list financial services arm
Reliance Retail saw its (gross) revenue at Rs 64,920 crore, up 42.9 per cent year-on-year
Priced at Rs 15,799, JioBook is powered by a 5,000 mAh battery and sports 11.6-inch HD screen
Volatile energy markets, windfall taxes to contribute to O2C weakness; company to report results on Friday
The retailer is already in advanced stage talks to take over Sephora India rights from Arvind Fashions, which also gives it access into the premium beauty and personal care space offline
Larger groups like the Tatas, Aditya Birla and Reliance Retail are slowly making a mark in a Rs 46,400 cr industry that is otherwise ruled by traditional organised and unorganised players
A Business Standard analysis found that while the number of Reliance retail stores has grown fourfold in six financial years, this growth has not been uniform
The new merchandise is available for fans at select Reliance Retail stores across the country and on Reliance Retail's e-commerce platforms.
The National Basketball Association and Reliance Retail announced a multi-year collaboration to launch an extensive range of NBA merchandise in India
It is already in advanced stage talks with Arvind Fashions to acquire Sephora
The company plans to ramp up the store presence across key markets over the coming months
Reliance Industries Ltd's retail unit launched its first in-house premium fashion and lifestyle store, as the billionaire Mukesh Ambani-led company continues to enter India's luxury market
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