Reliance buys majority stake in Abraham & Thakore
Business Standard|March 02, 2022
Last year, RIL arm had partnered Manish Malhotra's brand and Raghavendra Rathore's company
Reliance buys majority stake in Abraham & Thakore

Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries and the holding company of all retail companies within the group, has invested in Abraham & Thakore Exports for a majority stake.

RRVL seeks to leverage its subsidiary Reliance Brands' (RBL's) deep understanding of the affluent Indian customer and their heft across digital, retail operations, marketing, and supply chain platforms, to build Abraham & Thakore's global appeal in the fashion and lifestyle category, Reliance Industries said in a press release.

This story is from the March 02, 2022 edition of Business Standard.

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This story is from the March 02, 2022 edition of Business Standard.

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