Reliance Brands inks pact to acquire 40% stake in MM Styles
Reliance Brands, a wholly-owned subsidiary of Reliance Retail, has entered into partnership to acquire a 40 percent minority stake in MM Styles, which is owned by Manish Malhotra. This is the first external investment for Manish Malhotra’s brand, which has been privately held by the designer so far. The brand will continue to be led … Read more