Country’s leading retailer Reliance Retail is aiming to double its business in the next 3-4 years, said its Director Isha Ambani at the AGM (Annual General Meeting).
In Fashion & Lifestyle, the brand portfolio of Reliance Retail remains robust, with Avaasa, Netplay, and DNMX each generating over Rs 2,000 crore in annual sales, while John Players and Teamspirit have crossed the Rs 1,000 crore sales mark. The company leverages deep tech capabilities, including real-time dashboards, data analytics, and AI-enabled operations, to streamline its value chain.
The company is expanding its fast fashion formats like Yousta and Azorte and has formed new partnerships with ASOS and Shein to further expand its trendy fashion offerings.
Isha also outlined additional plans for Reliance Retail, noting that the RIL arm is expanding its presence in the beauty sector with an omni-channel strategy across multiple formats, including Tira, Sephora, Kiko Milano, and Blushlace.
She further added, “We have ambitious plans to enter the luxury jewellery segment with a curated, design-led experience and are exploring the fashion jewellery and accessories segment to broaden our market reach.”
Reliance Retail operates with integrated processes from designing and fabric sourcing to logistics and distribution, catering to a diverse market ranging from mass to luxury segments.
In terms of sustainability, Reliance Retail is committed to sustainable packaging, renewable energy, diversity, ethical sourcing, waste management, and supporting local communities.
One of the top 10 global retailers by market capitalisation and among the top 30 by revenue, Reliance Retail continues to strengthen its market presence and consumer reach across India. With a registered customer base exceeding 300 million, the company operates around 19,000 stores across more than 7,000 cities, covering 80 million square feet.
