If you are someone who is on the internet, you might have come across the hyped up conversations about the brand Shein coming back to India just a month ago. But are you aware who is behind bringing this once banned company back to India? Yes, you guessed it right– it’s Ambani’s Reliance.
In a stride towards elevating India’s retail landscape, Reliance, Tata and many others have embarked on a series of groundbreaking joint ventures with renowned international luxury brands.
A joint venture is a business arrangement where two or more companies come together to form a new entity and collaborate on a specific project or pursue a common goal. In the case of Starbucks and Tata, they formed a joint venture called Tata Starbucks Limited to establish and operate Starbucks stores in India. This partnership allowed Starbucks to leverage Tata’s local market expertise and resources, while Tata benefited from Starbucks’ global brand recognition and expertise in the coffee industry
Are you someone who’s obsessed with international brands? Well this list is for you. Here’s a list 7 international brands that is being brought to India by businesses like Reliance, Tata and many others:
1. Reliance X Shein
Spearheaded by Mukesh Ambani’s daughter, Isha Ambani, the retail business worth Rs 4 lakh crores, has now joined forces with Shein, marking the brand’s re-entry into the Indian market. Previously, Shein, along with several other Chinese apps, was banned in India, which disappointed many Indian shoppers who relied on the brand for affordable clothing options.
2. Reliance X Balenciaga
Following a highly successful collaboration with Valentino, Mukesh Ambani announced in 2022 that he is now setting his sights on introducing the ultra-luxurious fashion brand, Balenciaga, to the Indian market. Ambani’s plans include launching an online retail store for Balenciaga as well as establishing multiple high-end brick-and-mortar stores across India. Forbes have confirmed that the luxury brand worn by actresses like Kim Kardarsian will be in India by this year.
3. Tata CLiQ X TimeVallée
In a collaboration with Tata CLiQ Luxury, TimeVallée, the renowned Swiss luxury multi-brand watch and jewelry store, has recently launched its digital boutique in India. The online platform offers an exquisite selection of timepieces from six prestigious brands, namely Cartier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, and Roger Dubuis. Additionally, the TimeVallée boutique in India also presents an exclusive range of jewelry from the esteemed brand Piaget.
Read More at https://www.financialexpress.com/lifestyle/from-shein-to-balenciaga-here-are-7-international-brands-that-reliance-tata-and-others-are-bringing-to-india/3151317/
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