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
Is Oracle Corporation in trouble in India? Can Reliance repeat its brick-and-mortar success in e-commerce? Are IT stocks a good contrarian bet from a one-year perspective? What is NaVIC? Answers here
Reliance JioMart is trying to catch up with Amazon and Walmart. This festival season, it started a digital push for all shopping needs. Can Reliance repeat its brick-and-mortar success in e-commerce?
Will have over 300 Indian and International brands in categories such as apparels, footwear, cosmetics, lingerie, sportswear, luggage and accessories
Reliance Retail's digital commerce arm has been onboarding additional sellers across categories
JioMart will host two sales during this time- Tyohaar Ready Sale and the Bestival Sale
Reliance Brands also recently forayed into food and beverages retail space by entering into a long-term franchise partnership with Pret A Manger - a global fresh food and organic coffee chain
The move could result in Sephora's operations transfer from Arvind Fashions Ltd, according to the report
Nowhere in sight two years ago, the energy vertical now accounts for over a fourth of RIL's $6.4 bn war chest while telecom's share in dipping and retail has clearly become a laggard
According to the Reliance Retail's annual reports, the company will seek shareholders' approval in the September 30 annual general meeting
All three cameras in the GoPro Hero 11 Black series will be available offline and online on Amazon, Flipkart, Croma, Reliance Digital and Vijay Sales
By acquiring a string of local consumer brands, the conglomerate is looking to build volumes and scale in its private label retail business
Will Reliance's FMCG entry be another Nirma moment? Will margin pressures end IT's glory days? What next for Shapoorji Pallonji Group after Mistry's death? What's Nord Stream 1 pipeline? Answers here
Reliance Industries' entry in the FMCG sector will heat up competition in the space dominated by the likes of HUL, ITC, Nestle India and Patanjali. Will Reliance be a disruptor in this segment too?
The company is also in initial stage talks with SG Corporates for Bindu Beverages as it looks to strengthen its FMCG play
Reliance Retail was the largest customer of Future Consumer Ltd (FCL) in FY22, contributing 63.06 per cent of its sales, according to the annual report of the Kishore Biyani-led Future group's FMCG arm. FCL is engaged in the business of sourcing, manufacturing, branding, marketing and distributing food and processed food items and health and personal care (HPC) products. In the annual report, the list of top customers who individually contribute more than 10 per cent of FCL's total revenue mentions only two companies -- Reliance Retail and FRL -- which together contributed Rs 854.22 crore of its total revenue of Rs 970.08 crore, or nearly 88 per cent. Reliance Retail contributed Rs 611.75 crore, said the report, adding that the failure of the Rs 24,713 crore deal with Reliance Group in April this year had a significant impact on its business. Future group's flagship company Future Retail (FRL), now facing insolvency proceedings, contributed Rs 242.47 crore, which is around 25 per .
Business Standard brings you the top headlines at this hour