Reliance acquires majority stake in innerwear brand Clovia

Reliance Retail Ventures Ltd on Sunday announced it has acquired 89 per cent equity stake in Purple Panda Fashions, which operates the Indian lingerie brand Clovia.
New Delhi: Reliance Retail Ventures Ltd on Sunday announced it has acquired 89 per cent equity stake in Purple Panda Fashions, which operates the Indian lingerie brand Clovia.Launched in 2013, Clovia is India's leading innerwear and loungewear for wo

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