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Reliance Retail acquires controlling stake in designer Ritu Kumar s firm Ritika

RRVL acquired a majority stake in fashion designer Ritu Kumar's firm Ritika Pvt. Ltd, strengthening a growing trend of corporate houses investing in luxury ethnic wear brands.

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RRVL acquires 52% equity stake in luxury design house Ritu Kumar

Reliance Retail Ventures Limited (RRVL) and the pioneer of Indian fashion, designer Ritu Kumar, announce a collaboration chartering a new course together with RRVLs majority equity acquisition in Ritika Pvt Ltd completely acquiring Everstones .

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Reliance Retail News: Reliance Retail Acquires 52% Majority Stake In Ritu Kumar s Fashion Label

Reliance Retail acquired a majority 52 per cent stake in pioneering designer Ritu Kumar's label, which includes buying out 35 per cent stake held by Everstone Capital in Ritika Privat Limited-the company that owns Ritu Kumar brands.

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Reliance Retail Ventures Takes Majority Stake in Indian Designer Ritu Kumar s Brands | BoF Professional, News & Analysis

Reliance Retail Ventures Takes Majority Stake in Indian Designer Ritu Kumar s Brands | BoF Professional, News & Analysis
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Shanaya Kapoor in Rs 6k ensemble gives classy twist to little black dress Janhvi Kapoor reacts

In the pictures that Shanaya Kapoor shared, she posed in a beautiful black halter-neck dress from Ritu Kumar’s latest Autumn Winter’21 collection.

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