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.

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

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

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

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