Reliance Retail Acquires Lingerie and Personal Care Brand Clovia for $125 Million

Marking a continuation of the Indian retail giant’s acquisition spree, Reliance Retail Ventures Ltd. (RRVL) will take an 89 percent stake in Clovia’s parent Purple Panda Fashions Private Ltd.

Reliance Retail acquires majority stake in D2C brand Clovia for $125 million

Reliance Retail's acquisition of Clovia signals India's growing innerwear market

Reliance Retail acquires majority stake in D2C brand Clovia for $125 million

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Reliance Retail acquires majority stake in D2C brand Clovia for $125 million