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With the Aditya Birla Group and Reliance investing heavily in a number of fashion houses, the corporatisation of Indian fashion industry is in full swing - Issue Date: Oct 16, 2022
Last quarter, RIL’s retail arm, Reliance Retail Ventures Ltd (RRVL) acquired a 52% equity stake in Ritika Pvt. Ltd, which owns Ritu Kumar, Label Ritu Kumar, RI Ritu Kumar, aarké, and Ritu Kumar Home and Living