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Reliance Retail acquires 89% stake in lingerie retailer Clovia for Rs 950 cr

Reliance Retail Ventures Ltd (RRVL) on Sunday announced the acquisition of a majority 89 per cent equity stake in Clovia, an industry leader in the bridge-to-premium intimate wear category, with an investment of Rs 950 crore. RRVL has acquired 89 per cent equity stake in Purple Panda Fashions Pvt Ltd, which owns and operates the Clovia business, through a combination of ....

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Reliance Retail Ventures acquires majority stake in Clovia, women's inner wear D2C brand

Reliance Retail Ventures acquires majority stake in Clovia, women's inner wear D2C brand ....

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Latest News | Reliance Retail Acquires 89% Stake in Lingerie Retailer Clovia for Rs 950 Cr

Get latest articles and stories on Latest News at LatestLY. Reliance Retail Ventures Ltd (RRVL) on Sunday announced the acquisition of a majority 89 per cent equity stake in Clovia, an industry leader in the bridge-to-premium intimate wear category, with an investment of Rs 950 crore.
Latest News | Reliance Retail Acquires 89% Stake in Lingerie Retailer Clovia for Rs 950 Cr. ....

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Reliance Retail acquires 89% stake in Clovia operator Purple Panda for Rs 950 cr

Clovia commands a strong customer following in the intimate wear space and is known for its design led fresh styles and sharply-priced offerings to customers, Reliance Retail said. ....

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Reliance Retail Acquires Majority Equity Stake In Lingerie Retailer Clovia

Mumbai: Reliance Retail Ventures Limited (RRVL) announced the acquisition of 89% equity stake in Purple Panda Fashions Private Limited, which owns and operates the Clovia business, with an investment of Rs 950 crore through a combination of secondary stake purchase and primary investment. The Founding team and management will own the balance stake in the Company. Launched in ....

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