Reliance Industries’ subsidiary Reliance Brands, which already has a clutch of global labels, has signed a deal with Italian fashion house Valentino for marketing the latter’s products in India. To manage their product base and portfolios in India Reliance Brands has already signed deals with various other international brands.
Valentino is an Italy based brand, which is known for its grand dresses, wedding gowns and footwear. It is supposed to be reportedly in talks with a few companies in India to establish its presence.Reliance Brands already has a few high-profile brands to retail in India, which include Brooks Brothers, ErmenegildoZegna and Bally.
Over the past one year, a number of international luxury brands, including Coach, H Moser &Cie, Isaia, Kate Spade New York have started retailing in India. Also, a few more are expected to make their India debut soon.