Mothercare, RIL co ink deal to strengthen South Asia presence
- Posted on October 17, 2024
- By Business News Today
- 2 Views
Mothercare, RIL co ink deal to strengthen South Asia presence
Mothercare and Reliance Brands Holding UK have formed a joint venture to manage the Mothercare brand in India, Nepal, Sri Lanka, Bhutan, and Bangladesh. Reliance Brands will acquire a 51% stake in the new entity, with Mothercare holding 49%. This agreement strengthens Mothercare's operations in South Asia.
