Reliance Brands: Shopping Spree Continues As It Forms JV with Designer Rahul Mishra
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01 February 2022, Mumbai:
Continuing its shopping spree to strengthen its fashion portfolio, Reliance Brands (RBL) on Monday announced a 60:40 joint venture with Indian designer Rahul Mishra.
The JV, which will include Mishra's ready-to-wear business, will create and own a new brand with the designer as the creative director.
RBL, part of Reliance Industries, is expanding its play too, by partnering and buying into domestic designers crippled by store closures during the pandemic.
CREDITS: TOI Dt 01-02-2022
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