Reliance Brands to acquire 40% stake in Manish Malhotra's designer label

Reliance Brands to acquire 40% stake in Manish Malhotra's designer label

• By Staff Writer

Reliance Brands Limited (RBL) has signed a definitive agreement to invest in founder and creative director Manish Malhotra's MM Styles Private Limited for a 40% stake. "Our strategic partnership with Manish Malhotra is anchored on our immense respect for his craft and our deep commitment to Indian art and culture," said Isha Ambani, Director, Reliance Retail Ventures Ltd.