Amer Sports raised $1.37 billion in a discounted U.S. initial public offering (IPO) on Wednesday, after investors expressed concerns about its growing reliance on China …
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Reliance
Amer Sports’ China Reliance Weighs on 2024’s First Big IPO
Amer Sports’ growing reliance on China for its revenue is weighing on the appetite of those considering buying into the sporting equipment maker’s $1.8 billion …
Reliance Retail to Take Over Sephora India
In a bid to own the Indian beauty market, Reliance Retail Ventures Limited (RRVL) has acquired the exclusive rights to Sephora’s India presence, The Business …
Qatar Investment Authority Invests $1 Billion in India’s Reliance Retail Ventures
Qatar’s sovereign wealth fund invested 82.78 billion rupees ($1 billion) into India’s biggest brick-and-mortar retailer as Asia’s richest man Mukesh Ambani looks to rapidly expand …
Reliance Industries to Take On Nykaa With New Beauty Platform
The Indian conglomerate is gearing up to launch an omnichannel beauty platform jointly developed by the company’s recent acquisitions – retail tech start-up, Fynd, and …
India’s Reliance Launches First In-House Premium Fashion Store
Reliance Industries Ltd’s retail unit launched its first in-house premium fashion and lifestyle store on Thursday, as the billionaire Mukesh Ambani-led company continues to grab …
India’s Reliance Retail in Talks for Rights of Beauty Retailer Sephora
Reliance Retail, run by Indian billionaire Mukesh Ambani’s conglomerate Reliance Industries Ltd, is in advanced talks to get the rights for beauty retailer Sephora in …
Reliance Industries Posts 22.5% Higher Fourth-Quarter Profit
Reliance Industries Ltd , India’s most valuable company, reported a 22.5 percent surge in fourth-quarter profit on Friday, helped by higher fuel demand and margins …
India’s Reliance, Apollo Global Plan Joint Bid for Walgreens’ Boots Business
Indian conglomerate Reliance Industries Ltd. and US buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a …
Reliance Calls Off $3.4 Billion Retail Deal With India’s Future Group
India’s top retailer Reliance on Saturday called off its $3.4 billion deal with Future Group, saying it “cannot be implemented” after Future’s secured creditors rejected …
Reliance Brands Takes Majority Stake in Abu Jani Sandeep Khosla
Reliance Brands Limited (RBL) will take a 51 percent stake in the 35-year-old designer brand, beloved of both Bollywood stars and billionaires, for an undisclosed …
Reliance Retail Acquires Lingerie and Personal Care Brand Clovia for $125 Million
Marking a continuation of the Indian retail giant’s acquisition spree, Reliance Retail Ventures Ltd. (RRVL) will take an 89 percent stake in Clovia’s parent Purple …