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The Times of India

Lifestyle

TIMESOFINDIA.COM

Reliance Brands acquires majority stake in Abraham & Thakore

Reliance Retail Mukesh Ambani Reliance Retail Ventures Ltd RIL

Reliance Retail Ventures Ltd, the retail arm of the Mukesh Ambani-led conglomerate RIL, announced an investment in 30-year-old designer brand Abraham & Thakore (A&T) for a majority stake.

The purpose of the investment is to build the brand's global appeal in the fashion and lifestyle market, Reliance Retail said.

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