Reliance Retail Acquires 52% Stake In Designer Ritu Kumar's Firm

This is second investment by Reliance Industries in a designer brand in a week’s time. Reliance Brands had last Friday signed a definitive agreement to invest in Manish Malhotra’s eponymous brand for a 40 per cent minority stake.

from Top Lifestyle News- News18.com https://ift.tt/3aSDiok