×
182
Fashion Jobs
OJB HERBALS
Area Sales Manager
Permanent · Ranchi
LIVE BIOTECH PRIVATE LIMITED
Area Sales Manager, Regional Sales Manager, Zsm
Permanent · Chennai
KM ELECTRONIC CABLES PVT. LTD
Area Sales Manager - Vijayawada
Permanent · Chennai
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
STAR UNION DAI ICHI LIFE INSURANCE (SUD LIFE)
Hiring- Area Manager - Bancassurance- Kolkata Metro
Permanent · Kolkata
NIKKO & CO.
Area Sales Manager /Sales Officers(5-10 Yrs Into Fmcg)
Permanent · Karimnagar
FUTURE GENERALI
Opening For Area Manager in Bangalore With Future Generali li
Permanent · Bengaluru
INFEXN LABORATORIES PRIVATE LIMITED
Area Sales Manager
Permanent · Mumbai
LENSKART
Area Operations Manager
Permanent · Chennai
WALPLAST PRODUCTS
Opening For Manager Sales - Walplast Products Pvt. Ltd. (Pune)
Permanent · Pune
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
DR LAL PATHLABS
Area Sales Manager -Chandigarh
Permanent · Chandigarh
JOB INDIA
Regional Manager Sales (Backend Operations)Garments - Gurgaon
Permanent · Faridabad
HERITAGE NUTRIVET LIMITED
Cattle Feed - Area Sales Manager - Salem Location
Permanent · Salem
THINK FIRST DIGITAL
Hiring For Event Production Manager - Mumbai
Permanent · Mumbai
LUPIN
Opportunity For Area Manager - Mass Marketing - Lupin Ltd
Permanent · Pune
SOBHA
Manager - Sales at Sobha Nesara, Kothrud - Pune
Permanent · Pune
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager - Punjab
Permanent · Jalandhar
PETPOOJA
Area Sales Manager || Software Sales (Pos) || Petpooja
Permanent · Navi Mumbai
FLEETX
Assistant Area Sales Manager/ Area Sales Manager
Permanent · Haldia
FLEETX
Area Sales Manager
Permanent · Tirunelveli
Published
Jul 19, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Reliance Industries’ Reliance Retail still group’s fastest growing entity, first quarter revenues soar

Published
Jul 19, 2019

Reliance Retail was again Reliance Industries’ fastest growing sector in the first quarter of the 2020 financial year, the business reported as part of its first quarter financials. The business also opened a large number of brick-and-mortar fashion stores during the quarter, contributing to growth.

Mukesh Ambani’s Reliance Industries saw its retail sector drive growth this past quarter


Reliance Industries’ organised retail business as a whole reported segment revenue of Rs 38,196 crore ($5.74 billion) for the first quarter of the 2020 financial year, compared to Rs 25,890 crore during the same time period in the 2019 financial year, representing a 47.5 percent increase.

The retail business also saw its segment earnings before interest, tax, depreciation, and amortisation increase by 69.9 percent, from Rs 1,206 crore in the first quarter of the 2019 financial year, to Rs 2,049 crore in the first quarter of the 2020 financial year. 

Reliance Retail opened 265 stores for its various brands during the first quarter of the 2020 financial year, which ended on June 30. The business also launched the children’s wear store, 'Trends Junior', during the quarter to cater to India’s expanding children’s wear market, contributing to growth.

“Fashion and Lifestyle category led by Trends continued its journey of democratising fashion,” read Reliance Industries’ press release on its first quarter results.

“Trends strategy of early entry into tier 3 and tier 4 towns coupled with strategic investments in fashion value chain are driving a sustainable and profitable growth. Strengthening its offering to deliver on fashion for women western wear, Trends has launched fast fashion range 'Trending Now' and has received overwhelming response.”

The group also saw its Reliance Jewellery section expand with nine standalone store openings and 32 store-in-store openings during the quarter. Reliance Brands also expanded its brand portfolio with the acquisition of the British footwear and accessories brand Kurt Geiger, as well as the toy retailer Hamleys.

Copyright © 2022 FashionNetwork.com All rights reserved.