Latest news with #RelianceRetail
India.com
5 days ago
- Business
- India.com
Mukesh Ambani, Isha Ambani brought these 5 global luxury brands in India, how Reliance changed India's fashion industry?
Mukesh Ambani and Isha Ambani's Reliance Industries has introduced several global brands in India. Isha Ambani is the head of Reliance Retail which handles conglomerates fashion brands. Isha Ambani is the Executive Director of Reliance Retail which handels fashion related segments of the company. She oversaw the company's network and overall strategy. Isha also tried taking a brand to Indian consumers in rural areas. Let's take a look at 5 global brands that were introduced in India by Reliance. Shein In February, Reliance Retail launched Shein's Chinese fast fashion brand in India. It is a global e-commerce platform that works in the fast fashion zone. The company is known for women's clothing and also offers men's apparel, children's wear, accessories, cosmetics, shoes, bags, and other fashion items. It has bases in Europe, America, Australia, and the Middle East. Sandro And Maje It is owned by the SMCP Group. They entered India after partnership with Reliance Brands in November 2023. It is known for its feminine silhouettes, classic and original pieces and glamorous looks. It operates in 40 countries with 620 points of sale. Emporio Armani Reliance had partnered with Emporio Armani a few years ago after which it came to India. It is a luxury fashion brand, part of the Giorgio Armani Group. It offers products like apparel, footwear, accessories, watches, and fragrances. It offersT-shirts, hoodies, sweaters, jackets, and shirts. Michael Kors It is New York-based fashion and brand Michael Kors is also now under the RIL large world. It sells accessories and ready-to-wear clothing, like handbags, clothing, shoes, watches, jewelry, and fragrances. Steve Madden It is a global shoe brand that was launched in India around 10 years ago. It is a fashion company that designs, markets, and sells footwear and accessories. They operate through various segments like wholesale, retail, and licensing and focus on their own brands like Anne Klein and Superga.
India.com
7 days ago
- Business
- India.com
5 popular luxury brands brought to India by Mukesh Ambani and Isha Ambani, they are…
Mukesh Ambani-led Reliance Industries has introduced several global brands in India. His daughter Isha Ambani is the head of Reliance Retail which played an important role in the introduction of these fashion brands. Isha Ambani is the Executive Director of Reliance Retail which handles the company's growth and innovation. She oversaw the company's network and overall strategy. Apart from financial success she tried having a positive impact on Indian consumers especially in rural areas. Let's take a look at 5 global brands that were introduced in India by Reliance. Shein In February, Reliance Retail launched Shein's Chinese fast fashion brand in India. It is a global e-commerce platform specializes in fast fashion. The company also focuses on women's clothing and at the same time offers men's apparel, children's wear, accessories, cosmetics, shoes, bags, and other fashion items. It has base in Europe, America, Australia, and the Middle East. Sandro And Maje It is owned by the SMCP Group. They entered India in partnership with Reliance Brands in November 2023. It is known for its feminine silhouettes, classic and original pieces and glamorous looks. It operates in 40 countries with 620 points of sale. Emporio Armani Reliance had partnered with Emporio Armani a few years ago to launch it in India. It is luxury fashion brand, part of the Giorgio Armani Group. It offers products like apparel, footwear, accessories, watches, and fragrances. It offersT-shirts, hoodies, sweaters, jackets, and shirts. Michael Kors It is New York-based fashion and brand Michael Kors is also now under the RIL umbrella. It sells accessories and ready-to-wear clothing, like handbags, clothing, shoes, watches, jewelry, and fragrances. Steve Madden It is a global shoe brand that was launched in India around 10 years ago. It is a fashion company that designs, markets, and sells footwear and accessories. They operate through various segments like wholesale, retail, and licensing and focus on their own brands like Anne Klein and Superga.
India.com
25-05-2025
- Business
- India.com
5 biggest businesses of Mukesh Ambani which failed, they failed because..., they are now...
Mukesh Ambani- File image Failures of Mukesh Ambani's Reliance Industries: Mukesh Ambani is the richest man of India. Being the chairman and managing director of Reliance Industries, the largest company of India with a market cap of Rs 1,930,339 crore, Mukesh Ambani has many successful businesses under his belt. From Reliance Jio to Campa Cola to Reliance Retail, Mukesh Ambani has seen several businesses which have turned around his entrepreneur life and made him one of the most successful businessman of India. However, it was not every time that Mukesh Ambani's businesses succeeded. There are some businesses of Mukesh Ambani which are considered 'failed'. Here are all the details you need to know about those 'failed' businesses of Mukesh Ambani. Reliance Fresh failure: One of the most popular businesses of Mukesh Ambani's Reliance Industries which reportedly failed is Reliance Fresh. The story of Reliance Fresh started in 2006 when Reliance Retail started its first Reliance Fresh store. As per the website of Reliance Fresh, Reliance Retail operates over 2,700 grocery stores and sells over 200 metric tonnes of Fruits and over 300 metric tonnes of Vegetables every day. However, reports say that it is one of the failed ventured of the Reliance group. Krishna-Godavari (KG) basin block failure: One of the significant failures of Mukesh Ambani's Reliance Industries was the significant setbacks it had faced in its KG-D6 block operations in the Krishna-Godavari (KG) basin. The production decline and disputes over gas extraction led to several business headaches of Reliance, after which it sold the assets to Brookfield for an enterprise valuation of Rs 13,000 crore. Reliance Timeout: Launched in 2008, Reliance Timeout was a retail chain that sold books, music CDs, toys, and stationery. Although the business earned a massive Rs. 1,234 crore in sales, it suffered a loss of Rs. 11.35 crore, due to which it was shut down by 2012. Last but not least, one more business of Reliance Industries which failed to get success was Reliance Health Insurance. Started in 2018 but and shut down by 2020, the business failed due to rising competition and financial pressure. Other than these businesses, Reliance Gas and Reliance Trends have also been some of the biggest failures of Reliance Industries.
Time of India
24-05-2025
- Business
- Time of India
TCS probes possible link to M&S cyber breach
MUMBAI: Tata Group's flagship software services company, TCS, is investigating whether it was the entry point for a cyberattack on UK retailer Marks and Spencer, the Financial Times reported on Friday. Tired of too many ads? go ad free now The breach occurred during the Easter weekend. TCS, which has worked with M&S for over ten years, aims to finish the probe by the end of the month. TCS did not comment on the report. The attack caused serious problems for M&S. The company was forced to shut down its online store for more than three weeks. This disruption reduced its market value by over 750 million pounds, or about Rs 8,295 crore. It could lead to a loss of up to 300 million pounds, around Rs 3,318 crore, in operating profit. Online services are expected to remain affected until July. UK police are also investigating the incident, the FT report said. M &S CEO Stuart Machin stated that the problem was caused by human error, not a flaw in their systems or cyber defences. He mentioned that staff at a third-party contractor were tricked. He did not disclose if a ransom was paid or if TCS, which employs more than 6 lakh people, was the entry point. M&S began working with TCS in the early 2010s. In 2018, the retailer moved half of its tech work to TCS, designating it as its main tech partner. In 2023, they expanded their partnership to update all of M&S's tech systems. During the attack, at least two TCS employees' M&S login details were used in the breach. This attack is the latest to be linked to India's IT industry, increasing concerns about risks from outsourcing IT work to third parties. Tired of too many ads? go ad free now M&S is a key store on the UK high street and is trying to attract younger shoppers worldwide. It announced plans to strengthen its business and focus on good quality products. In India, M&S works with Reliance Retail. India is its biggest market outside the UK, with over 100 stores opened in the last 15 years. At M&S Reliance, a 51:49 joint venture between M&S and Reliance Retail, sales rose by 5% in FY24, reaching Rs 1,742 crore.
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First Post
23-05-2025
- Business
- First Post
Mukesh Ambani promises Rs 75,000 cr investment in Northeastern states in next 5 years
Reliance Industries Chairman Mukesh Ambani announced major investment plans for India's Northeast region on Friday (May 23). Speaking at the Rising Northeast Investors Summit, he discussed the company's future plans for the area. He started by praising the success of Operation Sindoor. 'Let me begin by saluting our beloved Prime Minister, Shri Narendra Modi ji, for the resounding success of Operation Sindoor. It is a shining testament to his steely resolve — and to the unmatched bravery our armed forces,' Ambani said. STORY CONTINUES BELOW THIS AD Talking about the group's presence in the region, Ambani said that 'over the past four decades, we have invested Rs 30,000 crore in the Northeast, and our commitment to the region is only growing stronger. Will invest Rs 75,000 crore over next 5 years in Northeast.' He also highlighted expanding Jio's network coverage in the Northeast, increasing Reliance Retail's procurement, setting up new factories, significantly boosting solar power generation, and helping the region become a healthcare hub. 'We will greatly enhance generation of solar power in the region. We will convert the region's vast Wasteland into Wealth-Land, by setting up 350 integrated CBG plants,' the RIL chairman added. 'Reliance Retail is set to enhance its procurement efforts from the Northeast region as part of its broader investment strategy. The company also aims to significantly boost solar power generation in the area, contributing to the region's sustainable energy development,' Ambani added. On healthcare, the RIL chairman added that 'In a step towards strengthening healthcare infrastructure, Reliance has already established a 150-bed cancer hospital in Manipur, underscoring its commitment to the region's growth and well-being.' Additionally, he also added that 'we will establish Olympic training centres throughout the Northeast to nurture sporting talent.' Disclosure: Firstpost is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
