Reliance Brands, subsidiary of Mukesh Amabni's Reliance Retail, today announced a 50:50 joint venture with Italian company Dama SPA to launch the luxury Italian sportswear brand Paul&amp;Shark in the country.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Reliance Brands and Paul&amp;Shark have formed a new company Reliance Paul&amp;Shark Fashions.</P>
</p><p class='TableClas'>The JV is expected to open 20 stores in the country in the next five years. Set up in early 70's, Paul&amp;Shark has a presence in 50 countries being retailed through 189 number of&nbsp; single-brand stores in New York, Paris, Milan, Dubai and Moscow among others.</P></p><p class='TableClas'></p></table>


Reliance Brands, subsidiary of Mukesh Amabni's Reliance Retail, today announced a 50:50 joint venture with Italian company Dama SPA to launch the luxury Italian sportswear brand Paul&Shark in the country.

Reliance Brands, Dama SPA in 50:50 JV

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