Reliance Retail is the retail initiative of the Reliance Industries Limited and an epicenter of our consumer facing businesses.
See below for the Latest Reliance Retail News, Analysis, Profit Results, Share Price Information, and Commentary.
Reliance Retail enters Indian footwear market with V Retail acquisition
V Retail operates 32 stores under the Center Style brand.
Reliance Retail acquires footwear firm V Retail
Reliance Retail’s net profit in Q3 FY2023 jumped 6.2%.
Reliance Retail posts 6.2% net profit growth in Q3 FY2023
Its net profit stood at INR2,400 crore during the quarter.
Weekly News Wrap: UK-based Ocado enters South Korea in Lotte deal; Reliance Retail in talks to enter salon business
And China-based Shein expands operations in the United States.
Reliance Retail may bring India’s first major carbonates private label
This followed its acquisition of Campa Cola.
Reliance Retail profit climbs over 100% in Q1
Its net profit stood at $261m.
Gap Inc. enters India market
This is thanks to its partnership with Reliance Retail.
Reliance Retail to launch handicrafts brand ‘Swadesh’
This is in support of the “Handmade in India” programme.
Reliance invests majority stake in clothing brand Abraham & Thakore
The brand focuses on bringing a modern, unconventional take on Indian handlooms.
Reliance invests $200m in quick commerce player Dunzo
The delivery company is seeking to expand its operations to 15 Indian cities.
Reliance Retail buys controlling stake in Ritu Kumar designer brand
This includes the purchase of a 35% stake from Everstone.
Weekly News Wrap: Alibaba’s Jack Ma surfaces in Hong Kong; Reliance Retail buys 40% stake in Bollywood fashion house
And a Beijing bakery rolled out a Squid Game-inspired confection-making contest.
Weekly News Wrap: Chinese consumers splurge on luxury in Hainan; Reliance Retail opens first 7-Eleven store in India
And Meituan was fined $530m for breaking China’s anti-monopoly regulations.
Weekly News Wrap: Flipkart bags $3.6b funding from SoftBank; Reliance buys a controlling stake in Just Dial
And US-based Beyond Meat launches a store on JD’s platform.
Reliance Retail’s strong consumer engagement initiative creates life-long relationships with their customers, driving positive change and delivering superior customer experience
The company connects with Indian consumers directly with its in-house initiative – Student Internship Programme.
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