According to The Economic Times on June 25, Reliance Industries integrated the luxury subsidiary Reliance Brands (85 brands, including Burberry, Bottega Veneta and Tiffany & Co.) into a main structure, with teams now shared across divisions (real estate, operations, back office, etc.). The rationalisation comes ahead of a possible I.P.O. in 2025. In 2024, the group posted revenue of US$125.3 billion (up by 7.1%) for an EBITDA margin of 17.1% (down by 0.7 point year-on-year). The retail...
Ahead of an I.P.O., Reliance is reorganising a luxury division to increase capitalisation
Do you have information to share with us?
Our other services
What you absolutely must read this week
The essential content of the week selected by the editorial team.
Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.