Brand & Lifestyle Retail 

Reliance acquires toy maker Hamleys

Reading Time: 2 minutes Post Views: 2,562 Reliance Brands Limited (RBL), a subsidiary of Reliance Industries and C Banner International Holdings, has signed a definitive agreement for Reliance Brands to acquire 100% shares of Hamleys Global Holdings Limited for a cash consideration of GBP 67.96 million. HGHL was incorporated on August 3, 2012 in England and Wales and together with its subsidiaries is a retailer of toys under the world-renowned brand “Hamleys”.Hamleys is more than 250 years old and was founded in the year 1760. It currently has 167 stores across 18 countries. Reliance…

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Collaborations Retail 

Reliance Retail buys ITC’s menswear brand John Players

Reading Time: < 1 minutes Post Views: 2,566 Reliance Industries Ltd reportedly said that its unit Reliance Retail Ltd has acquired consumer goods company ITC Ltd’s menswear brand John Players. The acquisition would help Reliance Retail readymade garments and accessories portfolio in the fashion and lifestyle retail space, says report. ITC sold the brand John Players and related trademarks and intellectual property to Reliance Retail as part of its restructuring plan, the company was quoted as saying. The financial details of the deal have not been disclosed yet. Established in 2002, John Players is a…

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Brand & Lifestyle Corporate Brand 

Tata, Reliance emerge as best Indian brands of 2019

Reading Time: < 1 minutes Post Views: 2,188 Tata, Reliance Industries and Bharti Airtel emerged as the top three Indian brands of 2019, according a report by Interbrand, part of the Omnicom Media Group. Tata continued to hold the top position as its brand value grew by 6%, while Reliance’s brand value grew by 12%, according to Interbrand report. Apart from three top brands, HDFC Bank, LIC, State Bank of India, Infosys, Mahindra, ICICI Bank and Godrej were on the top 10 list. Royal Enfield, Bajaj Auto, Ashok Leyland, Hero, Maruti Suzuki and Mahindra are the…

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Corporate Brand Uncategorized 

Sony may buy 20% stake in Zee Entertainment

Reading Time: < 1 minutes Post Views: 2,321 Zee Entertainment is in the news for quite some time. Recent reports said that Japanese electronics and entertainment giant Sony Corp is in talks to acquire 20% stake in Subhash Chandra-controlled Zee Entertainment Enterprises Ltd. The company’s promoters may sell 20-25% stake in  Sony Corp to raise funds and to repay debt, the reports said, The amount raised could be used to repay promoter debt worth Rs 13,000 crore.Essel Group holds a 41.62% stake in Zee Entertainment. Reliance Industries was also in the race to buy stake…

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Sports Licensing 

IMG exits Indian Super League ahead of fifth season: Report

Reading Time: < 1 minutes Post Views: 2,366 International Management Group (IMG), the global sports marketing and management firm, has pulled out of Football Sports Development Limited (FSDL) which runs the Indian Super League just ahead of its fifth season. The fifth season is set to kick off with a match between ATK and Kerala Blaster. ISL was launched by IMG, Mukesh Ambani-owned Reliance Industries, and broadcaster Star India, in October 2013. According to media reports, Reliance directly owned 45% stake initially, while Star India had 35%, and IMG Reliance, the equal joint venture formed…

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Retail 

Reliance Retail buys 16.3% in Genesis Colors

Reading Time: < 1 minutes Post Views: 2,888 Reliance Retail Ventures Limited, a subsidiary of the Reliance Industries Limited, has purchased 16.31 percent equity holding in Genesis Colors Limited (GCL) for a consideration of Rs 34.80 crore. The stake purchase is in addition to 49.46 percent equity holding in GCL held by the Reliance Brands Limited. The acquisitions will help the company to strengthen its footage in the retail industry and support its long-term strategy to enhance its value in the retail industry. However, no regulatory approvals were required for the said acquisition of shares…

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Merchandise Licensing Sports Licensing 

Nivia appoints as the official football for ‘Hero Indian Super League’India,

Reading Time: < 1 minutes Post Views: 2,765 Nivia has been appointed as the official football for the ‘Hero Indian Super League’. Sharing an image displaying all the qualities of the product, Nivia Sports took to their social networking site for the official announcement. As an Indian iconic sports brand, Nivia manufactures world-class athletic equipment, high-quality products at the right price. With the state-of-the-art facilities, Nivia is Indian leading manufacturer of sports equipment, footwear, and accessories for core sports such as Football, Volleyball, Basketball and Running. Established in 1934 and headquartered in Jalandhar, Nivia products are…

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Corporate Brand Fashion & Accessories 

Reliance Brands buys 12.5% stake in designer Raghavendra Rathore’s firm

Reading Time: 2 minutes Post Views: 3,587 Billionaire Mukesh Ambani-led Reliance Industries Ltd has purchased a 12.5% stake in a company set up by fashion designer Raghavendra Rathore, according to a report in VCCircle. Reliance Brands Ltd bought the stake in Future101 Design Pvt. Ltd for Rs 9.5 crore ($1.4 million), the energy-to-retail conglomerate said in a stock-exchange filing Future101, incorporated in July 2013, makes and sells luxury apparel in India. It belongs to a similar industry as Reliance Brands. “We expect growth in this sector and value creation from this investment,” Reliance said.…

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Brand & Lifestyle Collaborations Retail 

Reliance Brands acquires Rhea Retail for $30 million

Reading Time: 2 minutes Post Views: 3,146 Billionaire Mukesh Ambani-led Reliance Industries Ltd has acquired Rhea Retail Pvt. Ltd, for Rs 203.46 crore or $30 million in cash, reports Vccircle. The acquisition was made through unit Reliance Brands Ltd, the energy-to-telecom corporation said in a stock-exchange filing on Friday. However, no regulatory approvals were required for the acquisition. The acquisition will result in significant synergy since the target company, like Reliance Brands, operates in the retailing industry, the filing said. Rhea, which sells products for children and expectant mothers, was incorporated in April 2007.…

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Brand & Lifestyle Corporate Brand 

Reliance Industries associates with PROLINE to co-brand sports apparels

Reading Time: 2 minutes Post Views: 2,715 Reliance Industries (RIL) has entered in a partnership with ‘PROLINE’ to co-brand a range of sports apparel manufactured using its ‘R|Elan’ fabrics. According to the agreement, the R|Elan’ co-branded ‘PROLINE’ products will use RIL’s ‘R|Elan Kooltex’ or ‘R|Elan FreeFlow’ fabrics to manufacture garments with special properties of odour free and quick dry. “The R|Elan technologies would help consumers have a pleasant and comfortable user experience. RIL’s R|Elan Kooltex is a performance fabric, capable of moisture management in apparel. It has found acceptance with the makers of PROLINE,”…

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